Hemaraj’s President & CEO Live Interview on CNBC Asia

Mr. David Nardone, President & CEO of Hemaraj Land And Development Plc., gave an interview on CNBC “Squawk Box Asia”. Anchored by Martin Soong and Amanda Drury, CNBC’s “Squawk Box Asia” features up-to-date report on economic and investment situation in the Asian markets.

During the over four minute live interview, Mr. Nardone addressed a number of important issues related to the situation of Thailand’s automotive industry, the industrial estates and property market including the Thai government’s stimulus packages to boost domestic consumption and real estate transactions as well as policy to encourage foreign property investors. Mr. Nardone also discussed Hemaraj’s industrial estate and property business outlook in 2008 as well as its investment in the power business.