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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. ....

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