SC Asset Corporation Public Company Limited, a leading real estate developer delivering Living Solutions for a Better Morning, expresses its gratitude to investors for their interest in subscribing to bonds beyond the expected target, even amidst the ongoing COVID-19 situation. This reinforces confidence in the company's potential and growth.

Mr. Attaphol Surasithipanthawat, Chief Corporate Support Officer, revealed that the company offered bonds for the third time this year, with a maturity of 3 years and a fixed interest rate of 3.00% per annum. The response from investors has been very positive, as it has been in previous offerings, particularly from institutional investors who expressed interest in subscribing to more than six times the amount of bonds the company initially intended to offer, which was 600 million baht. As a result, the company decided to utilize an additional 600 million baht of bonds that were reserved for further offering, bringing the total offering amount to 1.2 billion baht. Despite the ongoing COVID situation and the lockdown measures in Bangkok and 13 other provinces, institutional investors responded very well. The company thanks all institutional investors for their trust in this bond issuance and the financial institutions that managed the bond distribution, including Kasikorn Bank, CIMB Thai Bank, and TMBThanachart Bank, which played a crucial role in the successful offering of the bonds. The company plans to use the proceeds from this bond issuance to repay bonds maturing in August and to fund business operations, such as purchasing land for project development according to plans for 2021-2022, focusing on expanding horizontal projects to achieve the goal of being the number one single-house brand in the hearts of homebuyers.

Mr. Attaphol further stated, “This year, the company has issued a total of 3 billion baht in bonds to serve as a source of funding for business operations alongside loans from financial institutions. SC is moving forward with a strong financial status and high liquidity. Currently, the company has cash and credit lines exceeding 10 billion baht, and we are confident that this year's performance will meet our targets.”