Minimal impact from floods in Thailand to SPALI
Dear valued investors,
Supalai Public Company Limited would like to inform you that the floods and high
water levels in various parts of Thailand, including Bangkok Metropolis, has minimal
impacts to the company as of today (17Nov11) as per the following:
- There is currently no ongoing project of the company being hit by the floods.
However, precautionary measures have been prepared to prevent the floods
from entering the projects in case condition worsen. The situation is being
monitored closely.
- Projects in certain locations may have low level water (5-10 centimeters high)
on the roads adjacent to the project entrances. As of 17Nov11, three low-rise
projects are reported to be facing this situation. No high-rise project is
currently facing any difficulty with the floods. Customers can still travel in
and out of the projects as usual.
- Apart from our projects in Bangkok Metropolis, no other project in provincial
markets is currently facing the floods or risk of floods.
- Our scheduled launches are still active as planned. No delay as a result of the
flood situation expected.
- The company has arranged for customers and employees in needs to use our
facilities, especially condominium parking spaces, to relocate their cars on
high grounds for the time being to help easing their concerns and fears for
floods.
Please be informed accordingly.
Best Regards,
SPALI Investor Relations Department