Ticon Freehold and Leasehold Real Estate Investment Trust Announces Dividend for the Period from April 1, 2021 to June 30, 2021, Payable on September 1, 2021
August 02, 2021 at 11:07 am EDT
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Ticon Freehold and Leasehold Real Estate Investment Trust at its board meeting held on August 2, 2021 approved the 25th dividend payment of THB 0.1690 per unit trust, from the operating results of FTREIT between April 1, 2021 to June 30, 2021. The payment will be made on September 1, 2021. The date of determination of unitholders entitled to receive the 25th dividend payment will be August 17, 2021.
Frasers Property Thailand Industrial Freehold & Leasehold REIT is a Thailand-based real estate investment trust (REIT). The Trustâs objectives are to raise funds from general investors and to use the proceeds from such fundraising to acquire, lease and/or sub-lease of immovable properties. The Trustâs investment portfolio is comprised of factories and warehouses, which are located in key industrial areas of Thailand, such as Ayutthaya, Pathum Thani, Chonburi, Rayong, Samut Prakan and the Eastern Economic Corridor (EEC). It serves industries, such as automotive, logistics, electronics, retail, and e-commerce industries. Frasers Property Industrial REIT Management (Thailand) Company Limited acts as the REIT Manager, BBL Asset Management Company Limited acts as the Trustee, Frasers Property Industrial (Thailand) Company Limited is hired as the Property Management and Thailand Securities Depository Company Limited acts as the Trust Registrar.
Ticon Freehold and Leasehold Real Estate Investment Trust Announces Dividend for the Period from April 1, 2021 to June 30, 2021, Payable on September 1, 2021