• Investors have responded overwhelmingly to Sansiri's bonds, reaffirming the success of the "Dynamic Growth" plan and strong growth.
  • Reflects investor confidence in the company, its financial stability, and a clear, sustainable business expansion plan.
  • Confirms the continuation of the plan, launching29 projects worth a total of 52 billion baht, while maintaining appropriate liquidity to support all situations.

Mr. Vicharn Viriyaputhit, CEO of the Finance Division of Sansiri Public Company Limited, or SIRI, a leading real estate developer in Thailand, revealed that Sansiri has offered subordinated bonds with characteristics similar to equity, redeemable upon company dissolution. The bond issuer has the right to redeem the bonds early and can defer interest payments without any conditions during the first period of 2025 (“Subordinated Bonds with Characteristics Similar to Equity”) or Perpetual Bond to the general public (Public Offering) with an interest rate of 7.00% per annum for the first 5 years, paying interest every 3 months throughout the bond's duration. The subscription was open from June 20 and June 23-25, 2025, and it received an unexpectedly positive response from investors, leading to an oversubscription of more than 50%, reaffirming the success of the "Dynamic Growth" plan and reflecting investor confidence in the company, its financial stability, and a clear, sustainable business expansion plan.

Regarding the success of the issuance of subordinated bonds with characteristics similar to equity this time, the company will use part of the raised funds to repay the existing subordinated bonds with characteristics similar to equity, which the company will exercise the right to redeem early after 5 years to enhance the flexibility of its capital structure with a tight management strategy and maintain strong financial liquidity to support robust business growth in the future.

Mr. Vicharn further stated, “For the bonds maturing in 2025, we are currently considering their suitability, as Sansiri has a liquidity of up to 20 billion baht, which is something the company has always prioritized by trying to maintain liquidity suitable for all situations. Therefore, the company can still repay these bonds even without issuing additional bonds.”

In 2025, the company will continue with its plan to launch a total of 29 new projects worth approximately 52 billion baht to support continuous growth, divided into 14 horizontal projects worth a total of 31.6 billion baht (the first time in 40 years that Sansiri has entered the premium and medium market covering the most locations) and 15 condominium projects worth a total of 20.4 billion baht, accelerating the expansion of the condominium portfolio in urban areas and strategic locations in tourist cities and high-demand potential locations. The launch of all new projects in 2025 will support the company’s continuous growth, with a sales target of 53 billion baht and a transfer target of 46 billion baht.

Sansiri (SIRI) has also been rated for sustainable stocks by the SET ESG Ratings for the year 2024 at the level of AAA, which has been assessed and ranked by the Stock Exchange of Thailand, and has been listed as a sustainable stock for 5 consecutive years, reflecting Sansiri's serious and continuous efforts in ESG, emphasizing environmental, social, and governance aspects while maintaining growth in performance to provide maximum returns to shareholders and being ready to be part of driving sustainable development for society and the country.