The sale of its office tower in Bangkok’s Sathorn district has been finalized, with the buyer paying 1.8 billion baht.
The building is situated in the heart of the city, close to major transportation hubs and amenities.
Overview of OCC
OCC is a Grade A office tower located in the heart of the city, boasting a total lettable area of approximately 61,000 square meters. This impressive structure is situated on a six-rai leasehold plot, providing ample space for businesses to thrive. With its prime location, OCC offers easy access to major transportation hubs and amenities, making it an attractive option for companies seeking to establish a strong presence in the city.
Key Features of OCC
The Concept and Design of One City Centre
One City Centre is a mixed-use development that combines office space, retail, and residential units. The project is designed to provide a unique and modern living and working environment, with a focus on sustainability and community interaction.
The Upcoming Development: A New Era for the City
The city is set to witness a significant transformation with the upcoming development of a new residential complex. The project, which has been in the planning stages for several years, is expected to bring about a new era of growth and development to the area.
Financial struggles plague RML amid pandemic and economic downturn.
The company’s financial performance has been impacted by the COVID-19 pandemic and the subsequent economic downturn.
The Financial Struggles of RML
A Decline in Revenue and Profitability
RML, a Thai conglomerate, has been facing significant financial struggles in recent years. As a result, RML has reported consecutive net losses from 2020 to 2023, ranging between 312 million and 835 million baht.
Key Financial Metrics
Impact of the COVID-19 Pandemic
The COVID-19 pandemic has had a significant impact on RML’s financial performance. The pandemic led to a decline in consumer spending, resulting in a decrease in revenue for the company.
