KC repays XSpring debt in full at 20 million baht, releases 10 land plots as collateral

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Summary · why it matters

K.C. Property Public Company Limited, or KC, has fully repaid its debt to XSpring Capital Public Company Limited, or XSpring, in two installments totaling 20 million baht, under the debt restructuring agreement dated 1 July 2026. The second installment of 10 million baht was paid on 22 July 2026, following the first installment of 10 million baht paid on 1 July 2026. After the payment, KC exercised its right to release the collateral and completed the mortgage redemption of 10 land plots in the Garden Home Min Buri project. The company reaffirms its commitment to fully comply with the agreement under the legal framework and good corporate governance.

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