Talaad Thai Leasehold Property Fund Announces Dividend for Operation Period from January 1, 2024 to March 31, 2024, Payable on May 30, 2024
May 16, 2024 at 03:53 pm IST
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Krung Thai Asset Management PCL. the management company of Talaad Thai Leasehold Property Fund (TTLPF) announced the 54th dividend payment of the fund and the book closing date, details are as follows: To pay the 54th dividend for operation period from January 1, 2024 to March 31, 2024 and retained earnings at the rate of THB 0.5547 per unit which the management company will pay the dividend to unitholders on June 14, 2024. The book closing date for determining the right of unitholders to receive the payment of the dividend will be on May 30, 2024.
Talaad Thai Leasehold Property Fund (the Fund) is a Thailand-based closed-end property fund. The Fundâs objective is to seek funds from general investors, using the proceeds of the sale of investment units to purchase and/or rent and provide benefits from those properties including to improve, alter, develop and/or dispose other assets in which the Fund invests or possesses whatsoever lease, sub-lease and/or sale or other process for the benefit of the property in order to create the revenue and return to the Fund and the unitholders. The Fund invests in some parts of leasehold properties in the Talaad Thai wholesale market. The Fund is managed by Krung Thai Asset Management Public Company Limited (the Management Company). Citibank, N.A. serves as the trustee of the Fund. Thai Agro Exchange Company Limited acts as the property manager.