Article: Bangkok Post, Thailand, business briefs column.

Bangkok Post, Thailand Knight Ridder/Tribune Business News

Sep. 21--GOLDEN LAND RATED BBB: Thai Rating Co has affirmed the ratings of BBB for Golden Land Property Development with a stable outlook.

Tris said the ratings reflected GOLD's well-accepted brand name in the high-end residential segment and recurring income from its high-rise rental projects. Strengths are partially offset by high leverage and relatively low cash flow protection. Industry risks resulting from the cyclical nature of the real estate industry, increasing interest rates, and rising construction costs are concerns.

The ratings also take into consideration the land and ...

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