
SET-listed developer SC Asset Corporation Plc will continue to invest in rental apartments in the US, with a budget of US$20 million per year for 2023-24, as the recent collapse of American banks would not have any impact on its investment plan.
Despite risk factors such as an upward trend in interest rates in the US, the company's investment in the country was a medium to long-term plan and not a short-term one, said chief corporate officer Attapol Sariddipuntawat.