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FTREIT announces third capital increase worth approximately 2.8 billion baht in January 2021


published :
28 Dec 2020 at 11:39
Frasers Property Industrial REIT Management (Thailand) Company Limited, or “FIRM”, as the manager of FTREIT, disclosed that the Office of the Securities and Exchange Commission (SEC) has granted approval for FIRM to issue additional trust units for the third capital increase of FTREIT.
The total number of additional trust units issued will be up to 241,000,000 units worth approximately 2.8 billion Baht, by means of General Mandate and will be offered to general public who are existing trust unitholders.
FIRM will utilise the capital received from the sale of the additional trust units for the purpose of repayment of the borrowings utilised as necessity for the investment in the additional assets of FTREIT prior to obtaining the proceeds from the capital increase to make such investment and to maintain the appropriate ratio of FTREIT’s interest bearing debt to total asset value. ....

Krung Thep Mahanakhon , Peerapat Srisukont , Exchange Commission , Management Thailand Company , Office Of The Securities , Bangkok Bank , Stock Exchange Of Thailand , Frasers Property Industrial , Company Limited , General Mandate , Unitholders Register Book , Managing Director , Stock Exchange , பரிமாற்றம் தரகு , மேலாண்மை தாய்லாந்து நிறுவனம் , அலுவலகம் ஆஃப் தி பத்திரங்கள் , பாங்காக் வங்கி , ஸ்டாக் பரிமாற்றம் ஆஃப் தாய்லாந்து , ஃப்ரேசர்கள் ப்ராபர்டீ தொழில்துறை , நிறுவனம் வரையறுக்கப்பட்டவை , ஜநரல் ஆணை , நிர்வகித்தல் இயக்குனர் , ஸ்டாக் பரிமாற்றம் ,

FTREIT Announces Third Capital Increase Worth Approximately 2.8 Billion


Frasers Property Industrial REIT Management (Thailand) Company Limited ( FIRM ) announced the offering of additional trust units for the third capital increase of Frasers Property Thailand Industrial Freehold & Leasehold REIT ( FTREIT ) by mean of General Mandate. The total number of additional trust units issued will be up to 241,000,000 units and will be offered to general public who are existing trust unitholders.
0.0854 New trust units will be offered for every one existing trust unit at an offering price of 11.70 Baht.
The subscription period for the additional trust units will be on 14-15 and 18-20 January 2021 during business hours at each branch of Bangkok Bank. ....

Krung Thep Mahanakhon , Phra Nakhon Si Ayutthaya , Samut Prakan , Peerapat Srisukont , Exchange Commission , Management Thailand Company Limited , Frasers Property Thailand Public Company , Management Thailand Company , Office Of The Securities , Bangkok Bank , Stock Exchange Of Thailand , Third Capital Increase Worth Approximately , Company Limited , Frasers Property Thailand Industrial Freehold , General Mandate , Unitholders Register Book , Managing Director , Stock Exchange , Frasers Property , Public Company Limited , Pathum Thani , Eastern Economic Corridor , Equity Index Series , ப்ரா னக்கோன் சி ஆயுட்தய , பரிமாற்றம் தரகு , மேலாண்மை தாய்லாந்து நிறுவனம் வரையறுக்கப்பட்டவை ,