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Asian Property Development plans 20 new residential projects

The listed developer Asian Property Development Plc (AP) plans to launch 20 residential projects worth a total of Bt30b in 2010, an increase on last year, prompted by an improved financial status. AP would take advantage of its good cashflow to launch 15 low-rise projects and five condominiums in 2010, said Pumipat Sinacharoen, deputy chief finance officer.

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