HomePro to raise cash for branch growth | Bangkok Post: business

Business > News

HomePro to raise cash for branch growth

  • Published: | Viewed: 4,559 | Comments: 0
  • Newspaper section: Business
  • Writer: Piyachart Maikaew
- +

Home Product Center Plc (HMPRO), operator of the HomePro chain, plans to issue debentures worth 4-5 billion baht to raise funds for branch expansion. 

Wannee Juntamongkol, a senior vice-president, said the company will spend up to 10 billion baht this year, twice as much as last year, to add hardware and home-improvement stores across the country.

Half the spending will be funded by proceeds from the new debentures of 3-5 years' maturity to be issued in the second or third quarter.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments