Markets
The purchase will be financed by funds raised from the share capital increase completed by the Company in January 2024 as well as by bank debt.
Thai developers offered a total of 1,285 new villas valued at 36.3 billion baht ($1.1 billion) in the six months through June.
Empira Group plans to comprehensively modernise these buildings and modify them to meet current energy-efficiency requirements.
The company is making its entry into the US with a product line that includes a variety of flavors and packaging.