BACKGROUND AND MILESTONES

Over the past five years Raimon Land has completed six new properties with a total sales value of over Bt 6 billion: four in central Bangkok (under three brand names: The Lofts, The Lakes and The Legend), one in Pattaya (Northshore) and one in Phuket (Kata Gardens).

Going forward, Raimon Land intends to maintain the rapid pace of growth set in recent years. The company will continue to be pro-active in identifying new opportunities and negotiating land acquisitions for future developments. The focus will remain mid-to-high-end condominium, niche town house and villa projects in Bangkok and the resorts.

The company currently has a portfolio of three on-going projects and a number of planned future projects on the horizon. The Baht 5.0 billion Northpoint property in Pattaya is due for completion in 2010 – and The River, a major condominium project on the Chao Phraya in Bangkok, with a sales value of Baht 13 billion, is scheduled for completion by 2011. New projects on the slate for future development include Amalfi in Phuket, 185 Rajadamri in Bangkok and The Lofts Southshore and Edge in Pattaya.