RML’s shareholders grant the 100% greenlight for the increase of capital by 3,588 million during the Extraordinary General Meeting of Shareholders No. 1/2024.
RML (Raimon Land Public Company Limited) led by Brenton Justin Mauriello (3rd from right), Chief Executive Officer, Kris Narongdej (3rd from left), Korn Narongdej (2nd from left), together with committee members and the management attended the 1st Extraordinary General Meeting of Shareholders for the year of 2024 through electronic means exclusively. The key agenda to seek for the approval of the plan to increase the registered capital by 3,588 million baht from the current 4,172 million baht, resulting in a new total of 7,760 million baht being greenlighted unanimously. This successful capital increase reflects the confidence that the shareholders have in the company. This boost in capital will fortify the company’s financial position and provide funding to support future business expansion. During the meeting, the rest of the agenda was also unanimously approved.
“On behalf of the management, we extend our heartfelt gratitude to all shareholders and stakeholders for their unwavering trust and faith in our company. This successful capital increase, will help strengthen our organizational capacity to grow and become a leader in luxury and ultra-luxury real estate development in Thailand,” Kris said.
