PACE UPDATE

PACE signs MOU with Sansiri


PACE has entered into a Memorandum of Understanding (MOU) for the sales of approximately 25% of the total number of units in The Ritz-Carlton Residences at MahaNakhon and the entire NIMIT Langsuan development, to Sansiri Public Company Limited (SIRI), which is now in the process of conducting the due diligence. If the conditions in the MOU are fulfilled, the transaction is expected to be completed within 2018.

PACE plans to increase market capitalization 

 
PACE is planning to increase market capitalization to existing shareholders with 7.516 billion shares at a price per share of THB 0.50, total value THB 3.758 billion.  Two series of warrants (totaling 4.009 billion units) will be issued to the existing shareholder who are entitled to RO subscription.  In addition, there will be 1.5 billion new shares issuance through a Private Placement. The proceeds from the capital increase will be used to pay back debt including bonds and Bills of Exchange, eliminating most of the firm’s short-term debt obligations as well as for project development and providing a platform for expanding the Company’s future business. 

Appointment of new Chairman of Audit Committee
PACE Board of Directors appoints Mrs. Ladda Siriwattanakosol as Chairman of Audit Committee, and Mr. Wisit Kanjanopas as Member of Audit Committee, effective from November 7, 2017
 

Bangkok Soul Photo Contest


Our new sculpture by Jaume Plensa at MahaNakhon represents hope, beauty and unity, located next to MahaNakhon CUBE & MahaNakhon Square.
Share your best photos of “Bangkok Soul” & win!! Receive dining prizes from DEAN & DELUCA, Morimoto, L’Atelier de Joël Robuchon plus special gifts from The Ritz-Carlton Residences at MahaNakhon (total value 50,000THB+)!!
 
1 Like FB: MahaNakhonBKK 
2 Take your best shot(s) now – 24 November 2017
3 Share on IG (don’t forget to change your account to public status), hashtag #MahaNakhon #Bangkoksoul, and share on FB too!

We’ll announce our favourite 10 IG shots on our FB feed, and contact all winners.
* Terms and Conditions apply

Construction Update


Overall construction of MahaSamutr continues as planned. Construction of all villas are fully complete  while the infrastructure of the development is nearing completion. MahaSamutr two major buildings, MahaSamutr Country Club and Sports Club are 52% and 73% complete respectively.

MahaSamutr Joins BISAC Sports Tournament
Football Cup & Volleyball Cup


MahaSamutr Country Club recently sponsored the BISAC Sports Tournament – Football Cup & Volleyball Cup at Shrewsbury International School.

Prop2Morrow visits MahaSamutr Country Club

 
MahaSamutr Country Club has recently welcomed the VIP group from Prop2Morrow where the group enjoyed stunning view of Asia’s largest Crystal Lagoon and MahaSamutr Villas.

 MahaSamutr Country Club Hua Hin
For more information, please call +66 32 907 900
or email [email protected]
Construction Update

Construction of WINDSHELL NARADHIWAS continues progressively. Construction of column and sheer wall reached at level 8A and 6B respectively. While floor slab is in process at level 7A and 5B and MEP work has started to install at level 2A.
 
WINDSHELL NARADHIWAS
For more information
Call +66 2 234 1414 or
Email: [email protected]
PROMOTION

Introducing New Menu at L’ Atelier de Joël Robuchon
L’ Atelier de Joël Robuchon, Bangkok welcomes this Autumn, season of harvest, mushrooms picking and hunting by introducing new menu. Bringing what Autumn has best to offer, the Baht 3,850 net Autumn menu features royal of foie gras, wild mushrooms ‘fricassee’ in a Persillade style, poached egg with truffle, royal-style hare from Beauce served with fresh tagliatelle or roasted sea bass on a thin artichoke puree and pear poached in citrus juice. The menu is also inclusive of tea, coffee and mignardises.
 
Enjoy this new Autumn menu every lunch and dinner
from November 20, 2017 to January 10, 2018.

L’ Atelier De Joël Robuchon, Bangkok
Open Daily at MahaNakhon CUBE, 5th Fl.
Lunch: 11.30AM - 2.00PM
Dinner: 6.30PM – 10.00PM
For reservations, please call +66 (0)2 001 0698
or email [email protected].


Morimoto Bangkok's Omakase

 
Morimoto Bangkok's Omakase is handcrafted by Chef Tomoki Sasada. His sushi-making abilities will make your Omakase experience a memorable one. Chef Sasada brings his mastery and talents from renowned restaurants all over Japan, including Ginza Sushi Ishi, a 1-Michelin starred restaurant and Yoshitake, a 3-Michelin starred restaurant.
 
Chef Sasada's expertise lies in the art of kaiseki, a type of traditional Japanese cuisine. He balances flavors with fresh tastes to create series of small, intricate dishes that are perfect for Omakase.
 
Open Daily at MahaNakhon CUBE, 4th Fl.
Lunch: 11.30AM - 2.30PM
Dinner: 6PM – 11PM (Sun - Wed) / 6PM - 1AM (Thur – Sat)
 
Advance booking recommended: 02-060-9099, Line : @morimotobangkok

VOGUE Lounge 3rd Anniversary


Join us on Friday 24th November when it’s double the decadence at our white-themed Anniversary Garden Party when we’ll be celebrating a very Happy 3rd Birthday to us! As usual every party at VOGUE Lounge redefines the genre in Bangkok’s best night out so on the 24th for every bottle of ice cold MUMM Cordon Rouge Champagne you buy you’ll get a free bottle of top shelf spirits.
 
For further information
call +662 001 0697
Thank you for your interest, and your decision to purchase or invest with us.  
If you have any questions or comments about your property or would like
to find out more about Pace, please do not hesitate to contact our team. 

Contact Us:
Pace Corporate: Tel. +662 118 9599   Email: [email protected]
The Ritz-Carlton Residences, Bangkok: Tel. +662 234 1414   Email: [email protected]
WINDSHELL NARADHIWAS: Tel. +662 234 1414  Email: [email protected]
NIMIT Langsuan: Tel. +66 80 071 2000   Email: [email protected]
MahaSamutr: Tel.  +66 32 907 900
Country Club Email: [email protected]   
Luxury Villas Email: [email protected] 
Investor Relations: Tel. +662 654 3344   Email: [email protected]
 
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Prepared by Pace Corporate Communications 
Copyright © | 2017 | Pace Development Corporation Plc. |  All rights reserved.
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