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25 Feb, 2010
Announcement
Bid for purchase of freehold or leasehold interest of land of approximately 9.66 rai Ratchadapisek Road – Thai Cultural CentreTo be developed into The Capital Market Centre - CMC
The Stock Exchange of Thailand (SET) owns the freehold title to a plot of land on Ratchadapisek Road Soi 5, Dindaeng Bangkok. The SET wishes for the land to be developed into the Capital Market Centre: CMC. The objective for the project is to be the first key financial hub for Thailand. Interested Parties, which must be a legally constituted body (joint venture, private company limited or public company limited), may submit bids to acquire the freehold or leasehold interest in the Commercial Development Area (approximately 9.66 rai) in line with the SET’s Terms and Conditions. The consideration for selecting the winning tender will be based on the bidder’s qualifications, proposed development plan and the bidding price. Please note that the bidding price must be higher than the reserved price. Key dates are as follows:
TOR availability10th-25thFebruary, 2010 Clarification of TOR and site visit26thFebruary, 2010 Submission of Tender Form24thMarch, 2010 Winning tenderer informed of acceptance24th May, 2010