Major Development has announced the successful closure of its new bond offering, fully subscribed at the target amount of 900 million baht. This reaffirms investor confidence in the company, reflecting its strong fundamentals, as it continues to focus on delivering top-tier luxury residential projects in Thailand.

Ms. Petchlada Poovoralak, Chief Executive Officer of Major Development Public Company Limited, a leader in luxury real estate development and pet-friendly residences, stated, "We are very pleased to receive such an excellent response from institutional and major investors regarding our first high-risk secured bond offering for the year 2025, with a term of 2 years and 6 months and a fixed interest rate of 7.40% per annum, with interest payments every three months. All bonds offered were fully subscribed during the sale period from February 18 to 20, 2025. Due to high demand from investors, some were unable to subscribe to the bonds as desired, resulting in a current waitlist."

Major Development expresses gratitude to institutional and major investors for their trust and confidence in the company's operational vision during this first high-risk bond offering for 2025. Major Development will continue to strive in both the real estate sector and new business ventures to ensure stable and sustainable growth for the organization. The funds raised from this bond offering will be utilized as outlined in the financial objectives.

Major Development is also actively planning ongoing project developments and is preparing to launch new projects in 2025.