Distribution Policy

The Trust has policy to pay distributions to unitholders at least 2 times per year as follows:

  1. The REIT manager shall pay distributions to unitholders that, in aggregate, amount to not less than 90% of adjusted net profit for the fiscal year which will pay within 90 days from the fiscal year or accounting period that had paid distributions or any other rates set by the Thai Securities and Exchange Commission.

    The adjusted net profit means the net profit not including the unrealised gain from the appraisal or verification of the appraisal of the Trust’s asset and deduct with the reserve for repayments of borrowings or commitment incurred from obtaining borrowings by the Trust.

    However, the REIT manager may consider to reserve money for major renovation following the propose plan by Property Manager that, in aggregate, amount not more than 5% revenue from operation for the fiscal year. In this regard, the REIT manager will consider the necessary, the sufficiency of investments for major renovation including other financing activities such as short-term borrowings etc.

  2. In case where the Trust has accumulated losses, the REIT manager shall not to pay any distributions to the unitholders.

    In considering the payment of interim distributions, the determination of the distribution rate will depend on judgment of REIT manager. If the value of interim distribution per unit to be paid quarterly or year-end are lower than or equal to Baht 0.10, the REIT manager reserves the rights not to pay distribution at that time and to carry such distribution forward for payment together with the next distribution payment.

No. Performance Period Payment Date Type (Bath/Unit)
Dividend Capital Reduction Total
1 26 Nov 2019 - 31 Dec 2019 26 Mar 2020 0.0600 - 0.0600
2 01 Jan 2019 - 31 Dec 2019 11 Jun 2020 - 0.1600 0.1600
Total 0.0600 0.1600 0.2200