Singha raises funds for Maldives development

Real Estate August 07, 2017 12:18

By The Nation

Singha Estate Plc has sold 400 million new shares at Bt4.16 per share and convertible debenture worth US$180 million (Bt6 billion) since July, said chief executive officer Naris Cheyklin.

The funds will be invested in a mix-used project in the Maldives, he said.