Major Development closed the big deal MARU at more than THB $1 Billion (approx. above USD32m) for phase 1, with the opinions of additional units.
Major Development and DWG (together with Sister companies FMI / Trillion) have launched a joint venture to acquire a large lot of MARU Ekkamai and MARU Ladprao reflecting the confidence of foreign investors. Dr Suriya Poolvoralaks, Managing Director Major Development Public Company Limited or MJD, said, “The company has successfully sold Big Lot, MARU, Ladprao and Ekkamai to DWG reflecting their trust and confidence to Foreign investment in Thailand. MJD projects have resulted in the most recent MARU projects, which have achieved sales of more than 60% in less than three months after September’s pre-sale, totalling 2 projects for over $4.3 Billion Baht (USD130m).
(The above is translated from Thai to English).
Source: Press Release