Additionally, RML is pleased to have Muang Thai Insurance Public Company Limited as a shareholder of RML. This investment by Muang Thai Insurance PLC further reinforces the confidence of the market and leading Thai institutions in RML as we seek to realise our full growth potential.
Brenton Mauriello AM, Chief Executive Officer of RML, commented "We are incredibly pleased to have successfully secured the first phase of our capital increase and to welcome such a significant new shareholder. These funds will enable us to drive the organization forward in line with our recently announced growth strategy into the ultra-luxury segment."
Source: Ogilvy