Thai Rath: Stock shadow
28 April 2016
Sorapoj Techakraisri, Chief Executive Officer, PACE Development Corporation Plc said PACE was able to begin ownership transfer of The Ritz-Carlton Residences, Bangkok at MahaNakhon development in April 2016, where sales are already more than 70% as the building nears completion. Sales of MahaSamutr Luxury Villa development under construction has now reached about 40% or approx. THB 1,600 million. PACE will use revenue to repay debts in order to strengthen its financial position and boost liquidity.
