Veranda Spends ฿507 Million Buying a Land in Phuket, to Expand Hotel-Property Business

Veranda Resort Public Company Limited reported that after the resolution of the Board of Directors’ Meeting No.9/2019 held on 23 December 2019, the Board has approved the land purchasing in Phuket with the budget of 507 million baht regarding the Company’s strategy to expand the hotel business and property development business.

The land is located in Tambon Wichit, Amphoe Mueang Phuket, Phuket Province with total area 20-1-78.3 Rai.