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Bangkok Post
Bangkok Post
Business

YOU WONT BELIEVE: Proud broadens base via condo project acquisitions | Mind Blowing Facts

NOBLE
Mr Pasu, left, and Mr Thongchai shake hands. Mr Pasu said Proud's customer base would now include middle-to-lower-end segments following the aquisitions.

Proud Real Estate Plc is set to fill a projected revenue gap in 2024 by acquiring two condo projects jointly valued at 8.6 billion baht from Noble Development Plc.

Pasu Liptapanlop, executive director of Proud, said next year the company expects to have a revenue gap attributed to a minimal number of ongoing projects which are scheduled to be completed in 2025.

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