คณะกรรมการ บริษัท เพซ ดีเวลลอปเมนท์ คอร์ปอร์เรชั่น จำกัด (มหาชน) มีมติรายงานต่อตลาดหลักทรัพย์แห่งประเทศไทยว่า บริษัทได้รับหนังสือแจ้งผิดนัดชำระหนี้ตามสัญญาเงินกู้ที่มีกับธนาคารไทยพาณิชย์ โดยบริษัทฯ อยู่ในระหว่างการเจรจาและทำงานร่วมกับทางธนาคารฯ เพื่อทำแผนปรับโครงสร้างทางการเงินและปรับโครงสร้างหนี้ ด้วยเป้าหมายหลักเพื่อให้บริษัทสามารถกลับมาก่อสร้างโครงการต่างๆ ที่มีอยู่ให้แล้วเสร็จพร้อมส่งมอบได้ และมั่นใจการปรับโครงสร้างทางการเงินในครั้งนี้จะไม่กระทบกับ การดำเนินธุรกิจของ ดีน แอนด์ เดลูก้า ซึ่งขณะนี้เติบโตได้ดีต่อเนื่อง

https://pacedev.com//images/uploads/PACE_Announces_Financial_Restructing_TH_211019_FINAL.pdf

- ดีน แอนด์ เดลูก้า เอเชีย (ประเทศไทย) ออกหุ้นกู้มีประกันแบบระยะยาว อายุ 2 ปี มูลค่ารวม 2 พันล้านบาท แต่งตั้งเอเชีย พลัส และเออีซี เป็นผู้จัดการการจัดจำหน่าย เริ่มเปิดจองซื้อปลายเดือนกันยายน 2562

- แต่งตั้ง บรุ๊คเคอร์ กรุ๊ป เป็นที่ปรึกษาทางการเงินเพื่อหาผู้ลงทุนในเพซ จัดโครงสร้างและขยาย ดีน แอนด์ เดลูก้า เอเชีย (ประเทศไทย) จำกัด เพื่อเตรียมเข้าตลาดหุ้นภายใน 2 ปี

- บรุ๊คเคอร์ กรุ๊ป และกลุ่มลูกค้ารายใหญ่มั่นใจในอนาคตบริษัท เข้าถือหุ้นเพซจำนวน 950 ล้านหุ้น รวมถือไม่เกินร้อยละ 10

https://pacedev.com//images/uploads/Press_Release_DEAN_DELUCA_Asia_Bond_TH_020919_FINAL.pdf

• America: Rightsized in response to consumer’s behaviors, reduces costs, and stop loss within year-end
• Asia: Brand strengthened, increase revenue and number of stores in high competition market, turnaround on revenue and profit

https://pacedev.com//images/uploads/Press_Release_DEAN_DELUCA_USA_Asia_Strategy_FINAL_ENG.pdf

As part of an aggressive strategic business direction to expand its global footprint, DEAN & DELUCA, the New York’s iconic food & beverage brand, announced that it has completed a Master Franchise agreement with Lagardère Travel Retail, to open at least 150 stores within 5 years in Lagardère Travel Retail’s locations spanning 34 countries including major airports, railway stations, and travel hubs which Lagardère has networks around the world. The advantages of having franchise stores allows DEAN & DELUCA to build global brand recognition with minimal investment, relatively low risk, and a continual stream of revenue from royalty fees which can be recognized immediately. With each franchise outlet expected to pay approximately 4MB in annual royalty fee, the 150 outlets within 5 years will deliver up to a total of 600MB.

https://pacedev.com//images/uploads/DD_Strategic_Business_Direction_121218_FINAL.pdf

PACE Development Corporation Plc., (PACE) the leader in Thailand’s luxury residential developments announces it has incorporated one of the best innovations in drainage solutions into its state-of-the-art NIMIT Langsuan development called the Geberit Sovent. This drainage solution is used mostly in hi-end residential and luxury hotels in Europe and USA, and NIMIT Langsuan is the first-ever residential development in Thailand to incorporate this patented system.

https://pacedev.com//images/uploads/Press_Release_PACE_x_Geberit_ENG_200918.pdf

PACE Development Corporation Public Company Limited announced that DEAN & DELUCA, PACE’s gourmet food & beverage business, has signed the framework agreement with Kinghill Overseas Holding Limited, a subsidiary of the CP Group, to expand its New York’s iconic food & beverage brand and presence in China. 

https://pacedev.com//images/uploads/_-_‘เพซ’_ประกาศร่วมมือ_‘Kinghill’_FINAL.pdf

PACE Development Corporation Plc (PACE) has sold some of the assets in the MahaNakhon development to King Power MahaNakhon Co., Ltd in a deal worth 14 billion Baht. The deal meets target in relation to the company’s previous plan on putting MahaNakhon in REIT. PACE will now focus on reducing debts, as well as speed up construction of current residential developments to secure revenue stream, while DEAN & DELUCA will see further expansion worldwide. The company’s board of directors considered the transaction appropriate and most beneficial to the company and its shareholders.

Read full press release
https://pacedev.com//images/uploads/PACE_Press_Release_10Apr2018_ENG_FINAL.PDF

 8 November 2017

The Board of Directors of Pace Development Corporation Plc. (PACE) announced today the plan to recapitalize for the purpose of reducing debt and interest expense, and for sustainable future business expansion.  This will be achieved through selling 2 residential projects and increasing capital through a Rights Offering (RO) of THB 3.758 billion. Money raised will be used to reduce debt, while the firm will retain the benefits of recurring income from DEAN & DELUCA’s growth as well as MahaNakhon Observatory.

https://pacedev.com//images/uploads/Press_Release_PACE_8_Nov_17_ENG_final.pdf

29 September 2017

PACE Development Corporation Plc., the developer behind MahaNakhon mixed-use development, unveiled 4 unique show residences at its super-luxury the Ritz-Carlton Residences, Bangkok presenting the style and elegance of Thailand’s tallest tower. The average selling price is 485,000 baht per sq.m

27 September 2017

PACE recently launched The Sky Residence Zone on the 58th floor, attended by a bevy of celebrity guests and social elites. The building is home to The Ritz-Carlton Residences, Bangkok, where owners will enjoy superlative facilities and services by this legendary hospitality brand.

23 September 2017

PACE recently launched The Sky Residence Zone on the 58th floor. The Ritz-Carlton Residence Bangkok Condominium has sold up to 75 per cent already and the average selling price is 485,000 baht per sq.m.

11 September 2017

PACE Development Corporation Plc organized the event “Living at the Height of Luxury” and introduced the  Sky Residence, located at 58th floor of The Ritz-Carlton Residences, Bangkok at MahaNakhon.

10 September 2017

PACE Development Corporation Plc., the developer behind MahaNakhon mixed-use development, held the Living at the Height of Luxury event unveiling 4 unique show residences at its super-luxury the Ritz-Carlton Residences, Bangkok

3 September 2017

PACE Development Corporation Plc., the developer behind MahaNakhon mixed-use development, is unveiling 4 unique show residences at its super-luxury the Ritz-Carlton Residences, Bangkok, presenting the style and elegance of Thailand’s tallest tower

24 August 2017

PACE Development Corporation Plc unveiling 4 unique show residences at its super-luxury Ritz-Carlton Residences, presenting the style and elegance of Thailand’s tallest tower

18 August 2017

PACE Development Corporation Plc., the developer behind MahaNakhon mixed-use development, unveiled 4 unique show residences at its super-luxury the Ritz-Carlton Residences, Bangkok presenting the style and elegance of Thailand’s tallest tower

17 August 2017

Mr. Sorapoj Techakraisri, CEO of PACE Development Corporation, organized the Living At the Height of Luxury event and introducing the Sky Residence, located at 58th floor of The Ritz-Carlton Residences, Bangkok at MahaNakhon. He said that this project is one of his proudest projects as a super luxury condo developer. The Sky Residence is located on 57th -73rd floor and residents will be able to enjoy the most stunning panoramic view of Bangkok.

17 สิงหาคม 2560 

“ซีอีโอ เพซ” แจงเหตุ “ไตรมาส 2” บริษัทพลิกกำไร 5,310 ล้านบาท เกิดจากการรับรู้เงินลงทุนด้วยราคายุติธรรมของกิจการร่วมค้า 2 บริษัท ซึ่งพัฒนาโครงการมหานคร แยก 3 ธุรกิจโรงแรม จุดชมวิว และศูนย์การค้า ตามเกณฑ์หลัง อพอลโล-โกลด์แมน แซคส์ เข้ามาถือหุ้น ระบุที่ปรึกษาอิสระชั้นนำของโลกตีมูลค่ายุติธรรมจำนวน 8,231 ล้านบาทเหมาะสม เหตุไทยเป็นศูนย์กลางท่องเที่ยว พร้อมโชว์สถิติจุดชมวิวชื่อดังของโลกโกยรายได้เพียบ มั่นใจเปิดจุดชมวิวตรุษจีนปีหน้า ส่วนการที่ผู้สอบบัญชีไม่สามารถให้ความคิดเห็นในการประเมินมูลค่ายุติธรรมนั้นเป็นเพราะไม่มีจุดชมวิวในประเทศไทยมาเทียบเคียงในกรณีประมาณการรายได้ 

https://pacedev.com//images/uploads/PACE_Q2_release_170817_Final.pdf

11 August 2017

Sorapoj Techakraisri, CEO of PACE Development Corporation or PACE, organizes the Living at the Height of Luxury event. VIP guests were invited to see the 58th floor Sky Residence at The Ritz-Carlton Residences, Bangkok, the highest super luxury condominium of Thailand. This zone will be located on 57th -73rd floor of the building. People have been amazed by the view.

9 August 2017

Galaxy Entertainment Group – one of the world’s leading developers and operators of integrated entertainment and resort facilities, and member of the Hang Seng index in partnership with DEAN & DELUCA, the purveyor of fine foods, have come to an agreement to bring its iconic New York lifestyle deli to Macau.

https://pacedev.com//images/uploads/Press_Release_-_Dean_DeLuca_is_landing_in_Macau_EN_Final.pdf

8 August 2017

PACE Development Corporation Plc., the developer behind MahaNakhon mixed-use development, is unveiling 4 unique show residences at its super-luxury the Ritz-Carlton Residences, Bangkok presenting the style and elegance of Thailand’s tallest tower

8 August 2017

PACE Development Corporation Plc., the developer behind MahaNakhon mixed-use development, held the Living at the Height of Luxury event unveiling 4 unique show residences at its super-luxury the Ritz-Carlton Residences, Bangkok

3 August 2017

PACE Development Corporation Plc., the developer behind MahaNakhon mixed-use development, is unveiling 4 unique show residences at its super-luxury the Ritz-Carlton Residences, Bangkok, presenting the style and elegance of Thailand’s tallest tower

1 August 2017

Sorapoj Techakraisri, CEO of PACE PLC recently welcomed Mark Mobius, Chairman of Templeton Emerging Markets Group, to MahaNakhon, Thailand’s landmark property by PACE, Thailand’s leading developer.

13 July 2017

PACE reassures its strong financial standing, not moved by B/E issue, explanation for receiving bank loan support, plenty of backlog for transferring projects, ready to move forward with luxury condo project in Naradhiwas-Rajanakarin road, increasing its backlog 15.4 billion baht to be expected revenue until 2019, and forecast a turnaround in 2nd half of the year from full revenue of ownership transfers.

13 July 2017

Sorapoj Techakraisri, Chief Executive Officer of PACE Development Corporation Plc. revealed that the company still has a strong financial status despite having 19 billion baht worth of liabilities but a combined total asset value of 37 billion baht thus covering the entire debt balance. 

13 July 2017

PACE Development Corporation Plc has taken out a loan with Siam Commercial Bank (SCB) to reduce 4 billion baht of existing bills of exchange (B/E) by 50% in 2017 and reconfirms that there is no liquidity issue despite total liability exceeding 28 billion baht. The company also aims for Chinese buyers in order to sell The Ritz-Carlton Residences, Bangkok, plus target to increase backlog by 3 billion baht within this year.

26 June 2017

DEAN & DELUCA joins hands with ORGANIKA to launch an exclusive collection of décor scent, promising a new home fragrance experience only available at DEAN & DELUCA’s gourmet food store at the MahaNakhon CUBE branch and all branches of ORGANIKA House.

26 June 2017

DEAN & DELUCA joins hands with ORGANIKA to launch an exclusive collection of décor scent. This exclusive collection is available only at DEAN & DELUCA’s gourmet food store at the MahaNakhon CUBE branch and all branches of ORGANIKA House.

26 June 2017

DEAN & DELUCA (Thailand) in collaboration with UOB Bank,  launched the special promotion exclusively for UOB Credit Card holders when spending at DEAN & DELUCA branches, receive 10 per cent discount.

13 June 2017

New York City's iconic café and gourmet food store DEAN & DELUCA in cooperation with Thailand’s leading spa and aromatherapy products brand ORGANIKA took Bangkok gourmet enthusiasts by surprise by launching an exclusive collection of premium decor scent amid a lavish sit-down dinner on June 6, 2017 at DEAN & DELUCA’s MahaNakhon CUBE branch. The special décor scent by ORGANIKA is available at the café’s upscale gourmet food store for the first time.

7 June 2017

The investment analyst company DBS Vickers Securities (Thailand) Co., Ltd forecasted that PACE stock will show better performance despite weak first-half earnings for 2017.  Analysts are confident that there will be substantial financial turnaround with a net profit margin up to 769 million baht as the company continues ownership transfers of MahaNakhon valued at up to 4.7 billion baht. 

1 June 2017

Pace  recently opened The Ritz-Carlton Residences, Bangkok at MahaNakhon which will be officially opening for owners to move in during June 2017.

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. 

22 May 2017

PACE Development Corporation Plc. held a ribbon-cutting ceremony to celebrate the opening of The Ritz-Carlton Residences, Bangkok at MahaNakhon.  Mr. Sorapoj Techakraisri, PACE CEO, and Ritz-Carlton executives, Mr. John Hearns, Vice President, Global Residential Operations, and Ms. Alicia Koenig, Senior Regional Director, Residential Operations, attended the ribbon-cutting ceremony which the Residences will be officially opening for owners to move in during June 2017.

https://pacedev.com//images/uploads/20170522_Photo_release_RCR_Ribbon_Cutting_(EN).pdf

22 May 2017

Sorapoj Techakraisri, John Hearns and Alicia Koenig celebrated the opening ceremony of The Ritz-Carlton Residences, Bangkok, features 209 elegant homes, each offering the atmosphere of a skybox penthouse with functional space and high ceilings uniquely designed to feature spectacular, panoramic 270-degree views across the city.

17 May 2017

PACE is confident in this year’s earning, expects an additional income recognition of approximately 6.8-billion-baht backlog. Currently, PACE has a total of five residential properties under development, a total combined project value of approximately 34 billion baht, with a backlog valued at 15.3 billion baht, of which will become steady revenue from Q1/2017 onwards.

17 May 2017

Sorapoj Techakraisri, PACE CEO  said that the compny continues to receive an on-going revenue stream from its real estate development business. In Q1/2017, PACE has more than 5 billion baht in cash to support future business growth and also repaid more than 3 billion baht of debt. 

17 May 2017

Pace Development Corporation plans to issue debentures woth Bt3 billion to replace it short – term bills of exchange that will expire this year.

May 16, 2017

PACE Development Corporation Plc. (PACE) announces today, from Q1/2017 financial statement, that it has more than 5 billion baht in cash to support future business growth. It has also repaid more than 3 billion baht of debt after Apollo and Goldman Sachs invested in the MahaNakhon development resulting in a significant decrease in the company’s debt/equity ratio. The company is confident its financial performance will turnaround this year. PACE is now moving forward with a plan to expand the DEAN & DELUCA brand globally and also setting to open the Sky Observation Deck by end of this year in response to Bangkok’s massive tourism growth. 

https://pacedev.com//images/uploads/Q1_press_release_EN_FINAL.pdf
 

10 April 2017

Pace Development Corporation Plc. (PACE) has entered an agreement with Apollo and Goldman Sachs whom together are expected to hold 49 percent in The Bangkok EDITION Hotel, MahaNakhon CUBE which is the retail element of the MahaNakhon development, and the tallest observation deck and rooftop bar in Thailand.

7 April 2017

Mr. Kraithip Krairiksh and Mr. Sorapoj Techakraisri; Chairman of the Board and Chief Executive Officer of PACE Development Corporation Plc congratulated BMW Thailand in the exclusive preview of THE ALL-NEW BMW 5 SERIES at MahaNakhon.

April 3, 2017 

MahaSamutr Villas and MahaSamutr Country Club Hua Hin is offering a special promotion this summer, ‘‘MAHASAMUTR SUMMER OFFERS’. Create lasting moments with the family at Hua Hin’s most exclusive waterside living set alongside Asia’s largest Crystal Lagoon.

https://pacedev.com//images/uploads/20170403_MHSM_Promotion_April_(EN).pdf

27 March 2017

Mr. Kraithip Krairiksh and Mr. Sorapoj Techakraisri; Chairman of the Board and Chief Executive Officer of PACE Development Corporation Plc congratulated BMW Thailand in the exclusive preview of THE ALL-NEW BMW 5 SERIES at MahaNakhon.

14 March 2017

Pace announced the successful closing of the 8.4 billion baht (240 million USD) investment in MahaNakhon Development by funds managed by affiliates of Apollo Global Management and Goldman Sachs. Ready for full operation in late 2017.  

13 March 2017

Newly-arrived DEAN & DELUCA Suvarnabhumi opens around the clock at Suvarnabhumi and become a hot spot for quality meals and exclusive souvenirs

13 March 2017

DEAN & DELUCA at the Suvarnabhumi International Airport operated 24 hrs. On offer at the store are DEAN & DELUCA signature American and International favorites as well as high-quality selections of pastry, desserts and a wide range of specially-selected beverages including beers and wines.

13 March 2017

DEAN & DELUCA opened a new store at the Suvarnabhumi International Airport. The purveyor of fine food and top-quality beverages will offer a wide range of menus to travelers around the clock.

13 March 2017

DEAN & DELUCA at the Suvarnabhumi International Airport operates in a restaurant and café concept with 60 seats. On offer at the store are DEAN & DELUCA signature American and International favorites as well as high-quality selections of pastry, desserts and a wide range of specially-selected beverages including beers and wines.

8 March 2017

DEAN & DELUCA opened a new store at the Suvarnabhumi International Airport. The purveyor of fine food and top-quality beverages will offer a wide range of menus to travelers around the clock.

6 March 2017 

Mr. Kraithip Krairiksh and Mr. Sorapoj Techakraisri; Chairman of the Board and Chief Executive Officer of PACE Development Corporation Plc., the developer behind the landmark MahaNakhon; Thailand’s tallest building and The Ritz-Carlton Residences, Bangkok congratulated BMW Thailand in the exclusive preview of THE ALL-NEW BMW 5 SERIES at MahaNakhon.

https://pacedev.com//images/uploads/20170303_Photo_release_PACEBMW_(EN)_Final.pdf

3 March 2017

DEAN & DELUCA has opened a new spot at Suvarnabhumi International Airport. It’s operate 24 hours.

3 March 2017

Pace announced the successful closing of the 8.4 billion baht (240 million USD) investment in MahaNakhon Development by funds managed by affiliates of Apollo Global Management and Goldman Sachs. Ready for full operation in late 2017.  

2 March 2017

Pace Development Corporation Plc. announced the successful closing of the 8.4 billion investment in MahaNakhon Development 

28 February 2017

Pace Development Corporation Plc. (PACE) led by Sorapoj Techakraisri, CEO, announced the successful closing of the 8.4 billion baht (240 million USD) investment in MahaNakhon, Thailand’s tallest tower by funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO), and Goldman Sachs (NYSE: GS). Philip Mintz, head of Apollo’s real estate business in Asia together with management from PACE and Apollo joined this successful announcement at MahaNakhon. 

https://pacedev.com//images/uploads/Social_caption_PACE_CLOSING_Apollo_GS-Eng_Final.pdf

28 February 2017

Pace Development Corporation has announced the successful closing of Bt8.4-billion investment in the MahaNakhon development.

28 February 2017

Pace Development Corporation Plc announced the successful closing of the 8.4 billion baht (240 million USD) investment in MahaNakhon Development by funds managed by affiliates of Apollo Global Management, LLC one of the world’s largest alternative investment management firms, and Goldman Sachs (NYSE: GS), a leading global investment bank

27 February 2017

Pace Development Corporation Plc. (PACE) today announced the successful closing of the 8.4 billion baht (240 million USD) investment in MahaNakhon Development by funds managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”) (NYSE: APO), one of the world’s largest alternative investment management firms, and Goldman Sachs (NYSE: GS), a leading global investment bank. The investors will hold 49 percent in The Bangkok EDITION Hotel, MahaNakhon CUBE, which is the retail component of the MahaNakhon development and the tallest observation deck and rooftop bar in Thailand.

https://pacedev.com//images/uploads/Photo_Release_PACE_CLOSING_Apollo_GS_Eng_Final.pdf

22 February 2017 

 PACE Development Corporation Plc., the developer behind mixed-use building ‘MahaNakhon’ is offering a special promotion ‘Live in the Landmark & Own the Ultimate Driving Machine’ during 27 February to 31 March 2017 for The Ritz-Carlton Residences, Bangkok; super luxury freehold residences in the heart of Bangkok.  PACE customers who purchase The Ritz-Carlton Residences, Bangkok during this offer period will receive a BMW vehicle*

*Terms and conditions for promotion apply.

https://pacedev.com//images/uploads/20170222_Promotion_Release_PACEBMW_(EN_Final).pdf

17 February 2017

Pace Development Corporation Plc. (PACE) has entered an agreement with Apollo and Goldman Sachs whom together are expected to hold 49 percent in The Bangkok EDITION Hotel, MahaNakhon CUBE which is the retail element of the MahaNakhon development, and the tallest observation deck and rooftop bar in Thailand.

15 February 2017

DEAN & DELUCA opens a new 24-hour operating cafe & restaurant at the Suvarnabhumi International Airport in January 2017. 

15 February 2017

‘Pace’ announced 2 new investors, Apollo Global Management and Goldman Sachs who will be investing in 3 elements of MahaNakhon Development namely The Bangkok Edition Hotel, Rooftop Bar, Observation Deck and retail area in MahaNakhon CUBE. 

19 January 2017

Deputy Prime Minister Somkid Jatusripitak presided over the press conference announcing business collaboration between PACE Development Corporation Plc. and Apollo Global Management in MahaNakhon 

18 January 2017

‘Pace’ announced 2 new investors, Apollo Global Management and Goldman Sachs who will be investing in 3 elements of MahaNakhon Development namely The Bangkok Edition Hotel, Rooftop Bar, Observation Deck and retail area in MahaNakhon CUBE. 

17 January 2017

Deputy Prime Minister Somkid Jatusripitak presided over the press conference announcing business collaboration between PACE Development Corporation Plc. and Apollo Global Management in MahaNakhon Development.

16 January 2017

Mr. Somkid Jatusripitak presided over the press conference announcing business collaboration between PACE Development Corporation Plc., the owner of MahaNakhon and Apollo Global Management, one of the world’s largest alternative investment management firms 

16 January 2017

Pace Development Corporation Plc. (PACE) led by CEO, Sorapoj Techakraisri has entered an agreement with Apollo Global Management, LLC (together with its consolidated subsidiaries, “Apollo”), one of the world’s largest alternative investment management firms, to invest approximately 8.4 Billion Baht in the company’s flagship development MahaNakhon

13 January 2017

Mr. Somkid Jatusripitak presided over the press conference announcing business collaboration between PACE Development Corporation Plc., the owner of MahaNakhon and Apollo Global Management, one of the world’s largest alternative investment management firms. 

13 January 2017

PACE Development Corporation Plc. held a press conference to announce an investment in MahaNakhon by Apollo Global Management.

12 January 2017

Apollo, one of the world’s largest alternative investment management firms will be investing approx. Baht 5.9 billion (USD 165 million) in MahaNakhon. Apollo and its subsidiary together are expected to hold 49 percent in The Bangkok EDITION Hotel, MahaNakhon CUBE which is the retail element of the MahaNakhon development, and the tallest observation deck and rooftop bar in Thailand.

11 January 2017

Apollo Global Management and global investment bank Goldman Sachs are investing a total of about Bt8.4 billion in Thailand’s tallest tower by way of an equity injection and financing of two of Pace Development Corporation’s subsidiaries.

11 January 2017

H.E. Mr. Somkid Jatusripitak, Deputy Prime Minister presided over the press conference announcing business collaboration between Pace Development Corporation Plc. (PACE) and Apollo Global Management together with its consolidated subsidiaries.