Ticon Freehold and Leasehold Real Estate Investment Trust Approves Dividend for the Quarter Ended March 31, 2023, Payable on June 1, 2023
May 03, 2023 at 08:11 am EDT
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The Board of Directors' of Ticon Freehold and Leasehold Real Estate Investment Trust meeting held on May 3, 2023 approved the 32nd dividend payment of THB 0.1870 per unit trust, from the operating results of FTREIT
between January 1st, 2023 - March 31st, 2023. The payment will be made on June 1st, 2023. The date of determination of unitholders entitled to receive the 32nd dividend payment will be May 18th, 2023.
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.