AIM Industrial to Inject Up to THB2.6 Billion in Three Industrial-Property Projects
MT Newswires Live
Sep 28
AIM Industrial Growth Freehold and Leasehold REIT (SET:AIMIRT) has proposed investing up to 2.59 billion Thai baht in three additional industrial-property projects under the Alpha Project No. 2.
The assets comprise the Alpha Phanthong, Alpha Bangkadi and Alpha Rangsit projects, with a combined leasable area of about 126,358 square meters, according to a Friday filing.
The REIT manager also proposed a third capital increase involving up to 210 million new trust units to fund the asset investment, partially repay existing loans and/or provide working capital.
The company's unitholder meeting is scheduled for Nov. 5, with the record date set for Oct. 9.
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