{"id":393206,"date":"2025-04-21T11:09:56","date_gmt":"2025-04-21T04:09:56","guid":{"rendered":"https:\/\/propholic.com\/prop-now\/rml-%e0%b8%88%e0%b8%b1%e0%b8%94%e0%b8%9b%e0%b8%a3%e0%b8%b0%e0%b8%8a%e0%b8%b8%e0%b8%a1%e0%b8%9c%e0%b8%b9%e0%b9%89%e0%b8%96%e0%b8%b7%e0%b8%ad%e0%b8%ab%e0%b8%b8%e0%b9%89%e0%b8%99%e0%b8%9b%e0%b8%a3\/"},"modified":"2025-04-21T11:12:48","modified_gmt":"2025-04-21T04:12:48","slug":"rml-%e0%b8%88%e0%b8%b1%e0%b8%94%e0%b8%9b%e0%b8%a3%e0%b8%b0%e0%b8%8a%e0%b8%b8%e0%b8%a1%e0%b8%9c%e0%b8%b9%e0%b9%89%e0%b8%96%e0%b8%b7%e0%b8%ad%e0%b8%ab%e0%b8%b8%e0%b9%89%e0%b8%99%e0%b8%9b%e0%b8%a3","status":"publish","type":"prop-now","link":"https:\/\/propholic.com\/en\/prop-now\/rml-%e0%b8%88%e0%b8%b1%e0%b8%94%e0%b8%9b%e0%b8%a3%e0%b8%b0%e0%b8%8a%e0%b8%b8%e0%b8%a1%e0%b8%9c%e0%b8%b9%e0%b9%89%e0%b8%96%e0%b8%b7%e0%b8%ad%e0%b8%ab%e0%b8%b8%e0%b9%89%e0%b8%99%e0%b8%9b%e0%b8%a3\/","title":{"rendered":"RML Secures Shareholder Approval for All AGM 2025 Resolutions, Accelerates Transformation Roadmap"},"author":1,"template":"","tags":[11902,11903,1295,7060],"acf":{"link1":"","link2":"","link3":"","show_lead_form":false,"image_on_lead_form":false,"banner_images":{"ID":393197,"id":393197,"title":"banner","filename":"banner-69.jpg","url":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/banner-69.jpg","alt":"","author":"73","description":"","caption":"","name":"banner-9310","date":"2025-04-21 04:07:39","modified":"2025-04-21 04:07:39","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\/2025\/04\/banner-69-150x150.jpg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/banner-69-300x98.jpg","medium-width":300,"medium-height":98,"medium_large":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/banner-69-768x250.jpg","medium_large-width":640,"medium_large-height":208,"large":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/banner-69-1024x334.jpg","large-width":640,"large-height":209,"1536x1536":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/banner-69.jpg","1536x1536-width":1350,"1536x1536-height":440,"2048x2048":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/banner-69.jpg","2048x2048-width":1350,"2048x2048-height":440}},"show_banner_in_homepage":false,"banner_feature_content":false,"content":"<p><a href=\"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025.jpg\"><img class=\"alignnone size-full wp-image-393199\" src=\"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025.jpg\" alt=\"\" width=\"1200\" height=\"766\" \/><\/a><\/p>\n<p>RML is moving forward with the restructuring of its equity stake in the OCC (One City Centre) project, one of its flagship strategic assets and accelerating its full-scale execution of the Transformation Roadmap, following overwhelming approval from shareholders at the 2025 Annual General Meeting. The resolution reflects strong confidence in the company\u2019s recovery path and long-term potential. RML has set a clear goal to have the \u201cCaution\u201d (CB) sign removed by the Stock Exchange of Thailand (SET) within 2025 and aims to achieve total sales of THB 7.5 billion this year. This includes condominium sales of THB 2.4 billion and low-rise project sales of THB 5.1 billion.<\/p>\n<p><a href=\"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/Korn-Narongdej.jpg\"><img class=\"alignnone size-full wp-image-393201\" src=\"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/Korn-Narongdej.jpg\" alt=\"\" width=\"1200\" height=\"675\" \/><\/a><\/p>\n<p><strong>Mr. Korn Narongdej, Chairman of the Executive Committee of Raimon Land Public Company Limited or RML<\/strong>, said, \u201cAt the Annual General Meeting held on April 17, 2025, shareholders voted with more than 99% approval to allow the company flexibility in managing its stake in the OCC project. As a Grade A+ luxury office building in a prime Phloen Chit location, OCC is a strategic asset that plays a vital role in RML\u2019s business operations this year. Shareholders also approved the Transformation Roadmap, which we are fully committed to implementing. Our core objective is not only to have the CB sign lifted within 2025 but also to strengthen the organization in all key aspects operational efficiency, financial structure, and long-term growth potential. This strategic roadmap will serve as the foundation for RML\u2019s successful turnaround this year.\u201d<\/p>\n","content_2":"<p><a href=\"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/OCC.jpg\"><img class=\"alignnone size-full wp-image-393203\" src=\"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/OCC.jpg\" alt=\"\" width=\"634\" height=\"800\" \/><\/a><\/p>\n<p>Transformation Roadmap: 2 Core Strategic Pillars<\/p>\n<p><strong>1. Strategic Asset Portfolio Management<\/strong><\/p>\n<p>RML is focused on unlocking value from its developed assets, particularly the OCC office building, currently boasting an occupancy rate approaching 80%. The company also continues to proactively manage its high-potential unsold inventory worth approximately THB 5 billion. Key remaining assets include:<\/p>\n<p>&#8211; \u2018The River\u2019 \u2013A luxury riverside condominium on the Chao Phraya River, offering ultra-spacious units ranging from 501\u2013711 sq.m. Only 6 units remain, priced from THB 130,000\/sq.m.<\/p>\n<p>&#8211; \u2018Tait Sathorn 12\u2019 \u2013 A pet-friendly, ready-to-move-in luxury condominium in the heart of Sathorn. Only 1 unit remains, a 237 sq.m. fully fitted 2-bedroom unit priced at THB 295,000\/sq.m.<\/p>\n<p>&#8211; \u2018THE 528 ESTATE\u2019 \u2013 An ultra-luxury mansion project in Sukhumvit 28, starting at THB 880 million per unit. Designed to accommodate multi-generational living, each 7-story home spans 2,300\u20132,700 sq.m. with amenities on par with five-star hotels.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>2. Enhancing Financial Flexibility and Capital Structure<\/strong><\/p>\n<p>The company is currently in the process of optimizing its capital structure and cost management strategies to increase financial resilience and support sustainable growth in the medium to long term.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Mr. Korn<\/strong> concluded \u201c2025 is a pivotal year for RML as we move toward a robust recovery following a period of significant challenges. We are well-positioned in both strategy and capital structure and are committed to executing our plans with discipline to restore investor confidence and drive sustainable growth. Our sales target of THB 7.5 billion reflects our commitment to this transformation comprising THB 2.4 billion from condominium sales and THB 5.1 billion from low-rise projects.\u201d<\/p>\n","show_on_feature":true,"short_description":"RML is moving forward with the restructuring of its equity stake in the OCC (One City Centre) project, one of its flagship strategic assets and accelerating its full-scale execution of the Transformation Roadmap","thumbnail_image":{"ID":393199,"id":393199,"title":"RML AGM Meeting 2025","filename":"RML-AGM-Meeting-2025.jpg","url":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025.jpg","alt":"","author":"73","description":"","caption":"","name":"rml-agm-meeting-2025","date":"2025-04-21 04:08:21","modified":"2025-04-21 04:08:21","mime_type":"image\/jpeg","type":"image","icon":"https:\/\/propholic.com\/wp-includes\/images\/media\/default.png","width":1200,"height":766,"sizes":{"thumbnail":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025-150x150.jpg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025-300x192.jpg","medium-width":300,"medium-height":192,"medium_large":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025-768x490.jpg","medium_large-width":640,"medium_large-height":408,"large":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025-1024x654.jpg","large-width":640,"large-height":409,"1536x1536":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025.jpg","1536x1536-width":1200,"1536x1536-height":766,"2048x2048":"https:\/\/propholic.com\/wp-content\/uploads\/2025\/04\/RML-AGM-Meeting-2025.jpg","2048x2048-width":1200,"2048x2048-height":766}},"user_id":"","user_delete":false},"_links":{"self":[{"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/prop-now\/393206"}],"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":2,"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/prop-now\/393206\/revisions"}],"predecessor-version":[{"id":393208,"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/prop-now\/393206\/revisions\/393208"}],"wp:attachment":[{"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/media?parent=393206"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propholic.com\/en\/wp-json\/wp\/v2\/tags?post=393206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}