Ananda Development Public Company Limited, or ANAN, a leader in urban residential development and the top player in the condominium market near electric train stations, has demonstrated its capability by fully repaying its 2024 bonds on schedule, totaling 100% for both rounds, amounting to 7,057 million baht. The first payment was made on January 15, 2024, for 3,826 million baht, and the second payment was made on July 15, 2024, for 3,231 million baht, in accordance with the 100% repayment schedule. Additionally, the company announced the complete sale (100%) of 4 projects valued at 13,904 million baht, reflecting its management capabilities and reinforcing its position as a leading brand in urban housing. The company is committed to developing residential projects and services that cater to urban lifestyles, ensuring convenience with ready-to-move-in projects across all locations in Bangkok, perfectly matching the diverse lifestyles of city dwellers. Furthermore, it reaffirms that all ANAN bond series have paid interest and repaid principal amounts on time for every installment.

Mr. Chanont Ruangkritya, Chief Executive Officer of Ananda Development Public Company Limited, or ANAN, stated that Ananda is ready to instill confidence in all bondholders. The company has consistently paid interest and repaid bonds on schedule. Ananda has fully repaid its 2024 bonds as scheduled, totaling 7,057 million baht, with the first payment made on August 15, 2024, for 3,826 million baht, and the second payment made on July 15, 2024, for 3,231 million baht. The company also announced the complete sale of 4 projects valued at 13,904 million baht. In the past, the fundraising from bond offerings has been utilized for business operations to continuously foster growth under the URBAN LIVING SOLUTIONS stance, focusing on developing housing while addressing urban living challenges and improving the quality of life for city dwellers. This has resulted in satisfactory performance in the last quarter, signaling positive trends, thus instilling confidence that the company's bond offerings are a financial tool that has facilitated business expansion as per the planned objectives.

Moreover, the company announced the complete sale (Sold Out) of 4 condominium projects valued at 13,904 million baht, including Ideo Charan 70 River View, Q Prasanmit, Elio Del Nest, and Ideo Chula Samyan. The projects' unique features, prime locations, and outstanding designs cater to a balanced lifestyle for city dwellers. Most importantly, the trust customers have in the quality brand of Ananda has led to the successful reception of all 4 projects.

“The company would like to thank all investors for their trust and confidence, and we are committed to providing assurance to investors through business planning aimed at generating sales while prioritizing operations and cash flow management, leading to a foundation for sustainable growth. The company has ready-to-transfer products in 2024 valued at 28,284 million baht and projects ready for delivery in 2025 valued at 11,929 million baht, totaling 40,213 million baht,” Mr. Chanont concluded.