"Origin Property" has launched a new bond series with 4 types, maturing in 1-4 years, offering interest rates of 3.00-4.25% per annum, with interest paid every 3 months. The bonds will be available for sale from August 29-31 through 8 financial institutions. The bonds and the company have been rated "BBB+/Stable" by Tris Rating, reflecting the strength of the condominium market leader in 2022, continuing the Origin Multiverse plan to pave the way for new businesses in line with mega-trends, and moving forward with the Spin-Off plan to list subsidiaries on the stock market, starting with "Primo" or PRI for IPO.

Mr. Pirapong Jaroonaek, CEO of Origin Property Public Company Limited (ORI), a comprehensive real estate developer, revealed that the company has submitted a report on the bond offering and a draft prospectus to the Securities and Exchange Commission (SEC) to issue and offer named bonds, non-subordinated, unsecured, with a bondholder representative, for public offering. The SEC has approved the bond issuance. This bond offering is divided into 4 types: 1-year bonds with an interest rate of 3.00% per annum, 2-year bonds at 3.50%, 3-year bonds at 3.95%, and 4-year bonds at 4.25%, with interest paid every 3 months. The funds raised from this bond offering will be used to repay maturing bonds and for working capital to continue the company's business expansion.

The bonds will be available for sale from August 29-31, 2022, through the 8 financial institutions managing the sale, including Krung Thai Bank Public Company Limited, Kasikorn Bank Public Company Limited, CIMB Thai Bank Public Company Limited, Thai Military Bank Public Company Limited, Kiatnakin Phatra Securities Public Company Limited, Asia Plus Securities Company Limited, Yuanta Securities (Thailand) Company Limited, and Globlex Securities Company Limited. Investors can purchase through various channels including branches, online systems, phone sales, and mobile applications, with details as specified by the financial institutions managing the bond sale.

Additionally, the bonds have been rated "BBB+" with a "Stable" outlook by Tris Rating on March 24, 2022, which is an investment-grade rating, as Origin Property is a leader in real estate development with continuous growth potential.

The company has a diverse business structure consisting of:
1. Residential Development Business - Developing condominiums and housing projects, with 105 projects completed (as of Q2 2022), including brands like Park Origin, So Origin, Origin Plug & Play, Knightsbridge, Notting Hill, Origin Place, The Origin, Kensington, Hampton, Origin Play, Brixton, and Britania, with a total project value exceeding 161.5 billion baht.

2. Recurring Income Business - Such as hotels, serviced apartments, and retail.

3. Service Business - Including property management, real estate brokerage, and consulting services.

4. Long-term Mega Trends Business - New business groups with long-term growth potential, such as logistics, healthcare, asset management, energy, etc., aimed at enhancing the quality of life for consumers comprehensively.

Mr. Pirapong further stated that in 2022, Origin Property has implemented its business plan under the concept of Origin Multiverse, launching the most condominium projects in the real estate market with 19 projects worth over 28.6 billion baht, allowing the company to achieve the position of "condominium market leader in 2022" by targeting every price segment and lifestyle, developing new brands, and adjusting functions and designs to meet the specific needs of consumers, such as young startups, pet lovers, university students, and investors, while also focusing on locations near current and future electric train lines throughout Bangkok and its vicinity, alongside targeting high-potential areas like the Eastern Economic Corridor (EEC), resulting in a diverse range of condominium projects that meet the needs of consumers of all ages, receiving positive responses consistently.

Moreover, the company is expanding into new businesses beyond real estate, such as long-term Mega Trends businesses including logistics, healthcare, insurance, energy, finance, restaurants, hemp, and other future businesses under further study, creating parallel growth for each subsidiary to grow independently, aiming for listing on the Stock Exchange of Thailand as part of the Spin-Off plan, led by Primo Service Solution Public Company Limited or PRI, which has submitted a registration statement and draft prospectus for the initial public offering (IPO) to the Securities and Exchange Commission on July 27, 2022.

"We are confident that the offering of our 4 bond types will receive a positive response from investors, as it has in the past, because ORI bonds represent an attractive investment opportunity in debt securities issued by a stable issuer with an investment-grade credit rating, capable of providing satisfactory returns throughout the holding period," said Mr. Pirapong.

For general investors interested in subscribing to bonds from Origin Property Public Company Limited (ORI), the minimum subscription is 100,000 baht, and multiples of 100,000 baht thereafter. The bonds will be offered from August 29-31, 2022, and further details can be found at www.sec.or.th or by contacting the financial institutions managing the bond sale as follows:

1. Krung Thai Bank Public Company Limited - Tel. 02-111-1111 or subscribe online via the Krungthai Next application or through Money Connect by Krungthai (https://moneyconnect.krungthai.com/)

2. Kasikorn Bank Public Company Limited - (Individuals can subscribe online via www.kasikornbank.com/kmyinvest, except for foreign nationals and legal entities who can subscribe through the head office and branches) - Tel. 02-888-8888, press 819

3. CIMB Thai Bank Public Company Limited - (Individuals can also subscribe online via the Mobile Application - CIMB Thai Digital Banking) - Tel. 02-626-7777

4. Thai Military Bank Public Company Limited - or Tel. 1428, press #4 (subscription open only for large investors)

5. Kiatnakin Phatra Securities Public Company Limited - (including Kiatnakin Phatra Bank Public Company Limited as a sales agent) - Tel. 02-165-5555

6. Asia Plus Securities Company Limited - Tel. 02-680-4004

7. Yuanta Securities (Thailand) Company Limited - Tel. 02-009-8351-56

8. Globlex Securities Company Limited - Tel. 02-687-7159