{"id":202456,"date":"2020-07-29T11:13:20","date_gmt":"2020-07-29T04:13:20","guid":{"rendered":"https:\/\/propholic.com\/prop-now\/%e0%b8%aa%e0%b8%b4%e0%b8%87%e0%b8%ab%e0%b9%8c-%e0%b9%80%e0%b8%ad%e0%b8%aa%e0%b9%80%e0%b8%95%e0%b8%97-%e0%b9%84%e0%b8%96%e0%b9%88%e0%b8%96%e0%b8%ad%e0%b8%99%e0%b8%ab%e0%b8%b8%e0%b9%89%e0%b8%99%e0%b8%81\/"},"modified":"2020-07-29T11:17:34","modified_gmt":"2020-07-29T04:17:34","slug":"%e0%b8%aa%e0%b8%b4%e0%b8%87%e0%b8%ab%e0%b9%8c-%e0%b9%80%e0%b8%ad%e0%b8%aa%e0%b9%80%e0%b8%95%e0%b8%97-%e0%b9%84%e0%b8%96%e0%b9%88%e0%b8%96%e0%b8%ad%e0%b8%99%e0%b8%ab%e0%b8%b8%e0%b9%89%e0%b8%99%e0%b8%81","status":"publish","type":"prop-now","link":"https:\/\/propholic.com\/en\/prop-now\/%e0%b8%aa%e0%b8%b4%e0%b8%87%e0%b8%ab%e0%b9%8c-%e0%b9%80%e0%b8%ad%e0%b8%aa%e0%b9%80%e0%b8%95%e0%b8%97-%e0%b9%84%e0%b8%96%e0%b9%88%e0%b8%96%e0%b8%ad%e0%b8%99%e0%b8%ab%e0%b8%b8%e0%b9%89%e0%b8%99%e0%b8%81\/","title":{"rendered":"Singha Estate is ready for convertible bond conversion with support from Boonrawd Group and leading banks to build sustainable growth"},"author":1,"template":"","tags":[2079,1399,7747],"acf":{"banner_images":{"ID":202451,"id":202451,"title":"DE413BB5-C72D-4A43-9356-30BDDFE70CD2","filename":"DE413BB5-C72D-4A43-9356-30BDDFE70CD2.jpeg","url":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/DE413BB5-C72D-4A43-9356-30BDDFE70CD2.jpeg","alt":"","author":"73","description":"","caption":"","name":"de413bb5-c72d-4a43-9356-30bddfe70cd2","date":"2020-07-29 04:11:36","modified":"2020-07-29 04:11:36","mime_type":"image\/jpeg","type":"image","icon":"https:\/\/propholic.com\/wp-includes\/images\/media\/default.png","width":1350,"height":440,"sizes":{"thumbnail":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/DE413BB5-C72D-4A43-9356-30BDDFE70CD2-150x150.jpeg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/DE413BB5-C72D-4A43-9356-30BDDFE70CD2-300x98.jpeg","medium-width":300,"medium-height":98,"medium_large":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/DE413BB5-C72D-4A43-9356-30BDDFE70CD2-768x250.jpeg","medium_large-width":640,"medium_large-height":208,"large":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/DE413BB5-C72D-4A43-9356-30BDDFE70CD2-1024x334.jpeg","large-width":640,"large-height":209,"1536x1536":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/DE413BB5-C72D-4A43-9356-30BDDFE70CD2.jpeg","1536x1536-width":1350,"1536x1536-height":440,"2048x2048":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/DE413BB5-C72D-4A43-9356-30BDDFE70CD2.jpeg","2048x2048-width":1350,"2048x2048-height":440}},"show_banner_in_homepage":false,"banner_feature_content":false,"content":"

Singha Estate Public Company Limited reaffirms its strong financial positioning and announces readiness for the conversion of convertible debentures worth US$180 million, which were expired on 20 July 2020.<\/p>\n

Mr. Naris Cheyklin, Chief Executive Officer of Singha Estate Public Company Limited, or \u201cS\u201d <\/strong>said the company receives financial supports from leading financial institutes, which will help it carry the financial cost similarly to the cost of convertible bond issuance. This will enable the conversion of convertible bonds have no impact on the company\u2019s cashflow and financial positioning, while the net interest-bearing debt to equity ratio will be maintained at 0.86 times.<\/p>\n

\"\"<\/a><\/p>\n

\u201cWith the efficient financial management and low net interest bearing debt to equity ratio, banks are confident to lend us financial support for the business expansion. Moreover, Boonrawd Group, our largest shareholder, remains confident in Singha Estate\u2019s future prospect and maintains its shareholding at the comparable level,\u201d he said.<\/p>\n","content_2":"

Meanwhile, the company was informed by Singha Property Management (Singapore) Pte. Ltd. (\u201cSPM SG\u201d), one of its major shareholders, that Credit Suisse AG Hong Kong branch (“CS”) on 20 July 2020 returned S shares totaling 626,301,966 to SPM SG after the cancellation of securities borrowing and leading (SBL) transactions agreed between SPM SG and CS on 12 July 2017. The return of S shares will raise the SPM SG\u2019s shareholding in Singha Estate to 12.55% of the total paid-up capital, up from 3.41% previously. While the shareholding of Singha Property Management Co, Ltd (SPM), a subsidiary of Boonrawd Brewery Co, Ltd, in Singha Estate, remains unchanged at 47.88% of the total paid-up capital, the comparable level before the SBL agreement was made. This reflects Boonrawd\u2019s confidence toward Singha Estate\u2019s business potential and sustainable growth.<\/p>\n","show_on_feature":true,"short_description":"Singha Estate Public Company Limited reaffirms its strong financial positioning and announces readiness for the conversion of convertible debentures worth US$180 million, which were expired on 20 July 2020.","thumbnail_image":{"ID":202453,"id":202453,"title":"70C8079F-75FE-4A2A-A5B6-8576A2A9ED06","filename":"70C8079F-75FE-4A2A-A5B6-8576A2A9ED06.jpeg","url":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/70C8079F-75FE-4A2A-A5B6-8576A2A9ED06-e1595995927398.jpeg","alt":"","author":"73","description":"","caption":"","name":"70c8079f-75fe-4a2a-a5b6-8576a2a9ed06","date":"2020-07-29 04:11:57","modified":"2020-07-29 04:12:10","mime_type":"image\/jpeg","type":"image","icon":"https:\/\/propholic.com\/wp-includes\/images\/media\/default.png","width":1200,"height":882,"sizes":{"thumbnail":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/70C8079F-75FE-4A2A-A5B6-8576A2A9ED06-150x150.jpeg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/70C8079F-75FE-4A2A-A5B6-8576A2A9ED06-300x220.jpeg","medium-width":300,"medium-height":220,"medium_large":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/70C8079F-75FE-4A2A-A5B6-8576A2A9ED06-768x564.jpeg","medium_large-width":640,"medium_large-height":470,"large":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/70C8079F-75FE-4A2A-A5B6-8576A2A9ED06-1024x752.jpeg","large-width":640,"large-height":470,"1536x1536":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/70C8079F-75FE-4A2A-A5B6-8576A2A9ED06-1536x1129.jpeg","1536x1536-width":1536,"1536x1536-height":1129,"2048x2048":"https:\/\/propholic.com\/wp-content\/uploads\/2020\/07\/70C8079F-75FE-4A2A-A5B6-8576A2A9ED06-2048x1505.jpeg","2048x2048-width":2048,"2048x2048-height":1505}},"user_id":"","user_delete":false},"_links":{"self":[{"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/prop-now\/202456"}],"collection":[{"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/prop-now"}],"about":[{"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/types\/prop-now"}],"author":[{"embeddable":true,"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/prop-now\/202456\/revisions"}],"wp:attachment":[{"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/media?parent=202456"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/tags?post=202456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}