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Raimon Land rejigs investment plan

Raimon Land rejigs investment plan published : 22 Dec 2020 at 04:00 Raimon Land yesterday signed an agreement with Thailand Privilege Card to become the first developer to provide the Elite Flexible One privilege card. Following a change in its major shareholders three months ago, SET-listed developer Raimon Land Plc (RML) has revised its plans, revoking an in-vitro fertilisation (IVF) venture and selling a land plot on Sukhumvit Soi 19 that had been earmarked for a new hotel development. Sataporn Amornvorapak, Raimon Land s chief finance officer, said the company had decided to cancel an investment plan in an IVF business, which would have involved the opening of fertility wellness centres in two locations.

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