Now, MJD plans to achieve its strategic goals by issuing guaranteed bonds to provide funding support for new project development. The term of these guaranteed bonds is 2 years and 6 months, with a fixed interest rate of 7.10% per annum. The company has already established a strong reputation in the Thai real estate market and aims to expand its business scope, develop new projects to meet market demand, and address market challenges.

According to Dr. Suriya Poonworlak, Managing Director of the company, the purpose of this bond issuance is to support MJD's business growth plans. They plan to utilize this funding to further develop the MUNIQ Apartment project located in the heart of Bangkok, as well as other new projects, to meet the growing market demand and provide consumers with high-quality residential options. Additionally, the company intends to use this funding to repay previous debts, ensuring financial stability.

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These guaranteed bonds are of the non-subordinated type, secured by the company's real estate assets, aiming to safeguard the interests of investors. Their value is at least 1.30 times the value of bonds offered to institutional investors and/or large investors. The bonds have a term of 2 years and 6 months, with interest payments every 3 months, at a fixed rate of 7.10% per annum. This means investors will receive stable interest income throughout the bond's term.

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According to the company's plans, the issuance of these bonds will commence in January 2024. The total issuance is expected to be 1250 units, each with a face value of 1000 Thai Baht. The issue price will be announced in the registration statement and prospectus draft. Investors can obtain more information by contacting securities firms or visiting relevant websites to understand the terms of the bonds and investment risks in detail.

MJD's position and reputation in the Thai real estate market provide strong support for this bond issuance. With its successful track record and professional capabilities, MJD is confident that this bond issuance will provide the necessary funds for the company and deliver steady returns for investors. This bond issuance is part of MJD's strategic planning, aimed at laying a solid foundation for the company's future growth and further consolidating its leading position in the Thai real estate market.