Announcement • Apr 23
Raimon Land Public Company Limited Approves the Election of Naparat Sihanatkathakul as an Additional Director Raimon Land Public Company Limited at its 2026 Annual General Meeting of Shareholders held on April 22, 2026, approved the election of Mrs. Naparat Sihanatkathakul as an additional Director. Announcement • Mar 13
Raimon Land Public Company Limited, Annual General Meeting, Apr 22, 2026 Raimon Land Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time. Reported Earnings • Mar 04
Full year 2025 earnings released: ฿0.16 loss per share (vs ฿0.24 loss in FY 2024) Full year 2025 results: ฿0.16 loss per share (improved from ฿0.24 loss in FY 2024). Revenue: ฿329.5m (up 26% from FY 2024). Net loss: ฿930.1m (loss narrowed 23% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 16
Third quarter 2025 earnings released: ฿0.043 loss per share (vs ฿0.028 loss in 3Q 2024) Third quarter 2025 results: ฿0.043 loss per share (further deteriorated from ฿0.028 loss in 3Q 2024). Revenue: ฿56.0m (up 17% from 3Q 2024). Net loss: ฿251.2m (loss widened 88% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. Board Change • Oct 07
Less than half of directors are independent Following COO, Director & Acting CEO Krit Likitbanakorn's arrival on 01 October 2025, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jenita Chobtuangtong was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 15
Second quarter 2025 earnings released: ฿0.044 loss per share (vs ฿0.075 loss in 2Q 2024) Second quarter 2025 results: ฿0.044 loss per share (improved from ฿0.075 loss in 2Q 2024). Revenue: ฿52.1m (up 71% from 2Q 2024). Net loss: ฿258.1m (loss narrowed 21% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings. New Risk • Jul 17
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿375m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿811.3m market cap, or US$25.0m). Reported Earnings • May 17
First quarter 2025 earnings released: ฿0.025 loss per share (vs ฿0.061 loss in 1Q 2024) First quarter 2025 results: ฿0.025 loss per share (improved from ฿0.061 loss in 1Q 2024). Revenue: ฿177.7m (up 322% from 1Q 2024). Net loss: ฿142.5m (loss narrowed 44% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. New Risk • Mar 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Minor Risk Market cap is less than US$100m (฿927.2m market cap, or US$27.5m). Reported Earnings • Mar 01
Full year 2024 earnings released: ฿0.24 loss per share (vs ฿0.20 loss in FY 2023) Full year 2024 results: ฿0.24 loss per share (further deteriorated from ฿0.20 loss in FY 2023). Net loss: ฿1.21b (loss widened 45% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. Announcement • Feb 28
Raimon Land Public Company Limited, Annual General Meeting, Apr 17, 2025 Raimon Land Public Company Limited, Annual General Meeting, Apr 17, 2025, at 14:00 SE Asia Standard Time. Location: to be conducted exclusively via, Thailand New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 39% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 30% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Revenue is less than US$5m (฿170m revenue, or US$4.9m). Market cap is less than US$100m (฿1.51b market cap, or US$43.5m). New Risk • Nov 28
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ฿170m (US$4.9m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 30% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (39% increase in shares outstanding). Revenue is less than US$5m (฿170m revenue, or US$4.9m). Market cap is less than US$100m (฿1.80b market cap, or US$52.2m). Announcement • Oct 17
Raimon Land Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 300 million. Raimon Land Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 300 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 714,285,715
Price\Range: THB 0.42
Transaction Features: Rights Offering Announcement • Aug 15
Raimon Land Public Company Limited (SET:RML) agreed to acquire an additional 49% stake in Raimon Land Twenty Six Company Limited from Tokyo Tatemono Asia Pte Ltd. for THB 15.5 million. Raimon Land Public Company Limited (SET:RML) agreed to acquire an additional 49% stake in Raimon Land Twenty Six Company Limited from Tokyo Tatemono Asia Pte Ltd. for THB 15.5 million on August 13, 2024. A cash consideration of THB 15.52 million will be paid by Raimon Land Public Company Limited. As part of consideration, THB 15.52 million is paid towards common equity of Raimon Land Twenty Six Company Limited. Upon completion, Raimon Land Public Company Limited will own 99.99% stake in Raimon Land Twenty Six Company Limited.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. Reported Earnings • Aug 14
Second quarter 2024 earnings released: ฿0.075 loss per share (vs ฿0.037 loss in 2Q 2023) Second quarter 2024 results: ฿0.075 loss per share (further deteriorated from ฿0.037 loss in 2Q 2023). Net loss: ฿327.2m (loss widened 110% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year whereas the company’s share price has fallen by 31% per year. Announcement • Jun 25
Raimon Land Public Company Limited Announces Chief Financial Officer Changes, Effective 1 July 2024 Raimon Land Public Company Limited announced the appointment of Mr. Sorrapong Mamuang as Chief Financial Officer, effective 1 July 2024 and Termination of Miss Maneekarn Wuttikullert as Acting Chief Financial Officer, effective 1 July 2024. New Risk • May 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 33% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 36% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (33% increase in shares outstanding). Market cap is less than US$100m (฿2.67b market cap, or US$73.4m). Reported Earnings • May 16
First quarter 2024 earnings released: ฿0.061 loss per share (vs ฿0.025 loss in 1Q 2023) First quarter 2024 results: ฿0.061 loss per share (further deteriorated from ฿0.025 loss in 1Q 2023). Net loss: ฿255.1m (loss widened 150% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 18% per year. Announcement • May 15
Raimon Land Public Company Limited Approves Board Changes Raimon Land Public Company Limited informed that the Board of Directors Meeting No. 7/2024 of the Company, held on 14 May 2024, has approved to appoint Mr. Samphan Aranyanart to be Independent Director and Audit Committee Member by replacing Ms. Janjira Panitpon whoresigned before the end of her directorship since 4 January 2023, effective from 15 May 2024 onwards. After the appointment the list of Audit Committee of the Company will be as follows: Mrs. Oranuch Apisaksirikul-Chairperson of the Audit Committee, Ms. Jenita Chobtuangtong-Member of the Audit Committee, Mr. Samphan Aranyanart-Member of the Audit Committee. Announcement • May 03
Raimon Land Public Company Limited Appoints Jenita Chobtuangtong as Independent Director and Audit Committee Member, Effective 3 May 2024 Raimon Land Public Company Limited announced that the Board of Directors Meeting No. 6/2024 of the Company, held on 2 May 2024, has approved to appoint Ms. Jenita Chobtuangtong to be Independent Director and Audit Committee Member by replacing Mr. Tan See Beng Kelvin who resigned since 26 April 2024, effective from 3 May 2024 onwards. Announcement • Apr 27
Raimon Land Public Company Limited Announces Resignation of Tan Swee Beng Kelvin as Independent Director and Audit Committee Member Raimon Land Public Company Limited announced that Mr. Tan Swee Beng Kelvin has resigned from the position of Independent Director and Audit Committee Member due to his increasing business commitments outside of the Company, he is unable to fulfil his duties fully as Independent Director and Audit Committee Member, effective from 26 April 2024. Announcement • Mar 28
Raimon Land Public Company Limited Announces CEO Changes, Effective April 1, 2024 Raimon Land Public Company Limited informed that The Board of Directors' meeting of the Company held on 28 March 2024, has passed the resolutions to approve the appointment of Mr. Brenton Justin Mauriello, the Company's director, to be the Chief Executive Officer (CEO) in replace of Mr. Korn Narongdej, effective from 1 April 2024 onwards. After the change of the Chief Executive Officer (CEO), Mr. Korn Narongdej is still holding the positions of Director, Chairman of the Executive Committee, Chairman of Enterprise Risk Management Committee, and Member of Nomination and Remuneration Committee. Announcement • Mar 01
Raimon Land Public Company Limited, Annual General Meeting, Apr 22, 2024 Raimon Land Public Company Limited, Annual General Meeting, Apr 22, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider and acknowledge the Company's 2023 operational results and annual report of the Board of Directors; to consider and approve the Financial Statement of the Company for the year ended December 31, 2023, which have been audited by the Company's certified public accountant; and to discuss other matters. Reported Earnings • Mar 01
Full year 2023 earnings released: ฿0.20 loss per share (vs ฿0.075 loss in FY 2022) Full year 2023 results: ฿0.20 loss per share (further deteriorated from ฿0.075 loss in FY 2022). Net loss: ฿835.3m (loss widened 168% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Announcement • Feb 09
Raimon Land Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 1.05924 billion. Raimon Land Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 1.05924 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,522,000,000
Price\Range: THB 0.42
Transaction Features: Subsequent Direct Listing Announcement • Feb 08
Raimon Land Public Company Limited Announces Director Changes Raimon Land Public Company Limited announced that Mr. Patee Sarasin has resigned from the position of Independent Director and Audit Committee Member because he will be one of the Private Placement investors who will receive the offer to purchase the newly issued ordinary shares as per the resolution of the Board of Directors' Meeting No.1/2024, held on 7 February 2024. After the shares subscription, Mr. Patee Sarasin will hold shares for more than 1% of the shares after the capital increase, which exceeds the limit for the independent director. The resignation will be effective from 8 February 2024. From the expertise and knowledge of Mr. Patee Sarasin, which will be beneficial to the Company's business, the Board of Directors' Meeting held on 7 February 2024 has approved to appoint Mr. Patee Sarasin as the Company's director. The appointment will be effective from 8 February 2024 onwards. Board Change • Jan 12
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Patee Sarasin was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Dec 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (฿1.88b market cap, or US$53.1m). Reported Earnings • Nov 16
Third quarter 2023 earnings released: ฿0.066 loss per share (vs ฿0.011 loss in 3Q 2022) Third quarter 2023 results: ฿0.066 loss per share (further deteriorated from ฿0.011 loss in 3Q 2022). Net loss: ฿274.1m (loss widened 479% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 12
Second quarter 2023 earnings released: ฿0.037 loss per share (vs ฿0.046 loss in 2Q 2022) Second quarter 2023 results: ฿0.037 loss per share (improved from ฿0.046 loss in 2Q 2022). Net loss: ฿155.9m (loss narrowed 19% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • May 19
First quarter 2023 earnings released: ฿0.025 loss per share (vs ฿0.028 loss in 1Q 2022) First quarter 2023 results: ฿0.025 loss per share (improved from ฿0.028 loss in 1Q 2022). Net loss: ฿102.2m (loss narrowed 12% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Jan 05
Raimon Land Public Company Limited Announces Change of CFO Raimon Land Public Company Limited announced termination of Miss Janjira Panitpon as Chief Financial Officer. Effective Date is January 4, 2023 and appointment of Miss Maneekarn Wuttikullert as Acting Chief Financial Officer. Effective Date is January 5, 2023. Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 7 new directors. 3 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). CEO & Director Korn Narongdej is the most experienced director on the board, commencing their role in 2019. Independent Vice Chairman Oranuch Apisaksirikul was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 15
Second quarter 2022 earnings released: ฿0.046 loss per share (vs ฿0.008 loss in 2Q 2021) Second quarter 2022 results: ฿0.046 loss per share (down from ฿0.008 loss in 2Q 2021). Revenue: ฿63.1m (down 84% from 2Q 2021). Net loss: ฿192.6m (loss widened 462% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
First quarter 2022 earnings released First quarter 2022 results: Revenue: ฿95.8m (down 94% from 1Q 2021). Net loss: ฿115.6m (down 184% from profit in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 4 independent directors (5 non-independent directors). CEO & Director Korn Narongdej is the most experienced director on the board, commencing their role in 2019. Independent Vice Chairman Oranuch Apisaksirikul was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: ฿0.11 loss per share (up from ฿0.17 loss in FY 2020). Revenue: ฿2.51b (down 21% from FY 2020). Net loss: ฿452.7m (loss narrowed 37% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Announcement • Mar 03
Raimon Land Public Company Limited, Annual General Meeting, Apr 29, 2022 Raimon Land Public Company Limited, Annual General Meeting, Apr 29, 2022, at 14:00 SE Asia Standard Time. Agenda: To consider and acknowledge the Company's 2021 operational results and annual report of the Board of Directors;To consider and approve the Financial Statement of the Company for the year ended December 31, 2021 which have been audited by the Company's certified public accountant;To consider and approve the non-appropriation of profits as a legal reserve and no dividend payments from the Company's business operational results for the fiscal year ended December 31, 2021;To consider and approve the re-election of the directors who are due to retire by rotation to be the directors of the Company for another term;To consider and approve the directors' and the sub-committee's remuneration for the year of 2022;To consider and approve the appointment of auditors and the determination of audit fee for the year 2022 of the Company and of its subsidiaries;To consider and approve the debenture issuance and offer plan in the amount of not exceeding THB 5,900 million;To consider other matter. Reported Earnings • Nov 12
Third quarter 2021 earnings released: ฿0.024 loss per share (vs ฿0.091 loss in 3Q 2020) The company reported a soft third quarter result with weaker revenues and control over costs, although losses reduced. Third quarter 2021 results: Revenue: ฿199.3m (down 86% from 3Q 2020). Net loss: ฿99.8m (loss narrowed 74% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2021 earnings released: ฿0.008 loss per share (vs ฿0.031 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: ฿402.6m (down 36% from 2Q 2020). Net loss: ฿34.3m (loss narrowed 73% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
First quarter 2021 earnings released: EPS ฿0.033 (vs ฿0.033 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿1.60b (up 294% from 1Q 2020). Net income: ฿138.3m (up ฿274.9m from 1Q 2020). Profit margin: 8.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Executive Departure • May 14
CFO, Company Secretary & Executive Director has left the company On the 1st of May, Sataporn Amornvorapak's tenure as CFO, Company Secretary & Executive Director ended after 6.7 years in the role. We don't have any record of a personal shareholding under Sataporn's name. A total of 6 executives have left over the last 12 months. Announcement • Mar 14
Raimon Land Public Company Limited Announces Appointment of the New Directors Raimon Land Public Company Limited informed the resolutions of the Board of Directors' Meeting No. 3/2021, held on, March 12, 2021 in which the meeting approved to appoint Mrs. Oranuch Apisaksirikul as the Vice-Chairperson of the Board of Directors, Chairperson of the Audit Committee, Independent Director, and Member of the Nomination and Remuneration Committee in substitution for Mr. Rathian Srimongkol who resigned on February 25, 2021. Approved to appoint Mr. Frank Cancelloni as the Independent Director, Member of the Audit Committee, and Chairman of the Nomination and Remuneration Committee in substitution for Mr. Kris Thirakaosal who resigned on March 5, 2021. The substituted directors shall hold the office only for the remaining term of the resigning directors (around 2.2 years) and the appointment of the new directors shall become effective from March 13, 2021 onwards. Announcement • Mar 13
Raimon Land Public Company Limited, Annual General Meeting, Apr 30, 2021 Raimon Land Public Company Limited, Annual General Meeting, Apr 30, 2021, at 12:30 Indian Standard Time. Location: Meeting Room No. 5-7, 8th Floor, No. 3 Rajanakarn Building, South Sathorn Road Yannawa Sub-District Yannawa Sub-District, Sathorn District Bangkok Thailand Agenda: To acknowledge the report on the Company's operating result for the fiscal year ended December 31, 2020, 2020 annual report and business plan and strategy of the Company; to consider and approve the financial statements of the Company for the fiscal year ended December 31, 2020; to consider and approve the matter regarding the non-appropriation of legal reserve and the omission of the dividend payment from the Company's business operating results for the fiscal year ended December 31, 2020; to consider and approve the re-election of directors to replace those who will retire by rotation; to consider and approve the directors' remuneration for the year 2021; to consider and approve the appointment of auditors and determination of the auditors' remuneration for the year 2021; to consider and approve the amendment of the Articles of Association; and to transact any other business. Executive Departure • Mar 10
Independent Director has left the company On the 5th of March, Kris Thirakaosal's tenure as Independent Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Kris' name. A total of 5 executives have left over the last 12 months. Announcement • Mar 10
Raimon Land Public Company Limited Announces Resignation of Kris Thirakaosal as Independent Director and Member of the Audit Committee Raimon Land Public Company Limited announced that Mr. Kris Thirakaosal, holding the position of Independent Director and Member of the Audit Committee, has resigned from directorship in all positions due to increased workload, effective from March 5, 2021. Executive Departure • Mar 05
Independent Vice Chairman Rathian Srimongkol has left the company On the 25th of February, Rathian Srimongkol's tenure as Independent Vice Chairman ended after 2.4 years in the role. We don't have any record of a personal shareholding under Rathian's name. A total of 4 executives have left over the last 12 months. Announcement • Mar 04
Raimon Land Public Company Limited Announces Resignation of Rathian Srimongkol as Independent Director and Chairman of the Audit Committee Raimon Land Public Company Limited announced that Mr. Rathian Srimongkol, holding the position of Independent Director and Chairman of the Audit Committee, has resigned from directorship in all positions due to increased workload, effective from February 25, 2021. Reported Earnings • Feb 26
Full year 2020 earnings released: ฿0.17 loss per share (vs ฿0.019 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ฿3.17b (down 3.5% from FY 2019). Net loss: ฿718.3m (down ฿797.6m from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 94% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 22
New 90-day low: ฿0.59 The company is down 2.0% from its price of ฿0.60 on 24 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 1.0% over the same period. Announcement • Jan 22
Raimon Land Public Company Limited Approves Korn Narongdej as Chief Executive Officer, Effective from January 22, 2021 Raimon Land Public Company Limited approved the appointment of Mr. Korn Narongdej to be the Chief Executive Officer in replace of Mr. Sataporn Amornvorapak who served as the Interim CEO, effective from January 22, 2021 onwards. Is New 90 Day High Low • Dec 14
New 90-day high: ฿0.66 The company is up 5.0% from its price of ฿0.63 on 15 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 19% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: ฿0.091 loss per share The company reported a decent third quarter result with improved revenues, although earnings and control over expenses were weaker. Third quarter 2020 results: Revenue: ฿1.40b (up 148% from 3Q 2019). Net loss: ฿380.8m (down ฿424.5m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 89% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Sep 30
New 90-day low: ฿0.58 The company is down 12% from its price of ฿0.66 on 02 July 2020. The Thai market is down 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is down 9.0% over the same period. Announcement • Sep 09
Raimon Land Public Company Limited Announces Management Changes Raimon Land Public Company Limited announced that based on the report of the acquisition or disposition of securities (Form 246-2) on September 3, 2020, MESA THAI PTE. LTD. has completed the acquisition of 893,000,000 shares of the Company, representing 21.402% of the total paid-up shares of the Company. As a result, MESA THAI PTE. LTD. has become a major shareholder of the Company. The company announced the resignation of the following: Mr. Lee Chye Tek Lionel resigned from Chief Executive Officer and director of all positions. The Board of Directors of Raimon Land Public Company Limited in its meeting held on 8 September 2020, has approved as follows: The appointment of Mr. Sataporn Amornvorapak (current CFO), to be Interim CEO for another position. 
