Post by account_disabled on Jan 2, 2024 4:03:23 GMT
PPS raises investment in Laem Yamu Project, Phuket Province, as a prototype project. Move forward with investments of no more than 10% to prevent risks in the economic slowdown. If successful, there are financial tools to support it. Ready to expand the scope of investment On the business side, consulting engineers have a chance to win many new jobs. Ready to continue bidding for work, supporting a backlog of 366 million baht Dr. Phongthon Tharachai, Chief Executive Officer of Project Planning Service Public Company Limited (PPS), revealed the progress of the project investment in Laem Yamu land, Phuket Province, that the company has considered and reviewed it and has opinions. that the proportion of investment in the said project may be adjusted to a limit not exceeding 10% because it is intended to be a prototype project to study in-depth details and evaluate returns.
The company intends to B2B Email List manage the business to create stronger growth. As a representative from the Board of Directors, the details have been carefully considered. and is of the opinion that the company should invest in the said project in order to achieve benefits according to the stated objectives At the same time, some company directors expressed serious concern about the real estate market situation and asked for emphasis on considering risk perspectives. and the impact on the company's financial statements is important As the Chief Executive Officer, he considered that The company may adjust the investment proportion. To be consistent with the level of risk and the rate of return from such projects In addition, there will be no significant impact on the financial position if any problems occur. This may cause the company to grow slightly slower than the plan and goals,” Dr. Phongthorn said.
However, with an investment proportion not exceeding 10%, the Company does not need to use the source of funds from issuing and offering bonds previously proposed. But if in the future a project like this generates good returns There is a possibility that the company will expand its investment scope. And it is an additional channel for earning income for the group of companies. Incidentally, the Laem Yamu land project in Phuket Province is a project under Project One Property Development Company Limited, a PPS subsidiary, together with partners who have expertise in real estate development. To develop into a large real estate project and various facilities for investors or interested parties.
The company intends to B2B Email List manage the business to create stronger growth. As a representative from the Board of Directors, the details have been carefully considered. and is of the opinion that the company should invest in the said project in order to achieve benefits according to the stated objectives At the same time, some company directors expressed serious concern about the real estate market situation and asked for emphasis on considering risk perspectives. and the impact on the company's financial statements is important As the Chief Executive Officer, he considered that The company may adjust the investment proportion. To be consistent with the level of risk and the rate of return from such projects In addition, there will be no significant impact on the financial position if any problems occur. This may cause the company to grow slightly slower than the plan and goals,” Dr. Phongthorn said.
However, with an investment proportion not exceeding 10%, the Company does not need to use the source of funds from issuing and offering bonds previously proposed. But if in the future a project like this generates good returns There is a possibility that the company will expand its investment scope. And it is an additional channel for earning income for the group of companies. Incidentally, the Laem Yamu land project in Phuket Province is a project under Project One Property Development Company Limited, a PPS subsidiary, together with partners who have expertise in real estate development. To develop into a large real estate project and various facilities for investors or interested parties.