The Interest Business: PACE Plan for issuing Bt 3 billion Corporate Bonds
27 May 2017
PACE continues to receive an on-going revenue stream from its real estate development business due to the transferred units of The Ritz-Carlton Residences, Bangkok at MahaNakhon since 2016. And in Q1/2017, PACE recognized a total of approximately 1.8-billion-baht revenue from MahaNakhon and it expects an additional income recognition of approximately 6.8-billion-baht backlog from MahaNakhon unit transfers.