MK Public Company Limited has announced its plan to repay outstanding bonds totaling 3.383 billion baht, scheduled for repayment between 2025 and 2026, instilling confidence among investors and bondholders and paving the way for long-term stability following a significant business restructuring focused on generating recurring revenue. This is primarily driven by Prospect Development Co., Ltd., a leader in developing warehouse and rental factory projects in Free Zone areas, which has consistently shown an average occupancy rate exceeding 90%.

Recently, in the first quarter of 2025, the company has already repaid two series of bonds totaling 1.489 billion baht, including the MK252A bond issued in the second bond offering of 2023, maturing on February 10, 2025, worth 300 million baht, and the MK253A bond from the third bond offering of 2022, valued at 1.189 billion baht, maturing on March 15, 2025.

Furthermore, MK has prepared a repayment plan along with interest for three additional bond series totaling 1.894 billion baht, due in June 2025, March, and May 2026, respectively. This reflects the company's strong liquidity management and financial stability.

Mr. Warasith Phokachaiyapat, Chief Executive Officer of MK Public Company Limited, stated, "The company recognizes the importance of timely bond repayments and considers all stakeholders. We thank all investors and bondholders for their trust and continuous support of MK's bond issuance. This repayment plan reflects a positive trend following the full restructuring, focusing on the rental real estate business, diversifying risks in our portfolio, and moving towards stable and sustainable growth in the future."

Regarding past bond issuances, the company has utilized the funds to strengthen its financial position. Currently, MK has rental real estate projects operated by Prospect Development Co., Ltd., both developed and under development, in three strategic locations: Samut Prakan, Chachoengsao, and Ayutthaya.

Additionally, there are future projects planned for development, including three projects located in industrial cluster areas, such as the BFTZ 8 project on Theparak Road. Considering the entire pipeline of projects, there are long-term growth opportunities through investments in other projects developed by PD, as well as fundraising through additional trust units and selling assets into the PROSPECT REIT.