Distribution Policy

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

  • 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.

02.

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.

03.

In 2023, the REIT Manager plans to reserve for the repayment of the loans not exceeding THB 27.5 millionand reserve for repairment, maintenance, and renovation not exceeding THB 50 million.

No. Performance Period Payment Date Type (Baht/Unit)
Dividend Capital Reduction Total
1 26 Nov 2019 - 31 Dec 2019 26 Mar 2020 0.060 - 0.060
2 01 Jan 2019 - 31 Dec 2019 11 Jun 2020 - 0.160 0.160
3 01 Jul 2020 - 30 Sep 2020 09 Dec 2020 - 0.130 0.130
4 01 Oct 2020 - 31 Dec 2020 19 Mar 2021 0.055 0.090 0.145
5 01 Jan 2021 - 31 Mar 2021 11 Jun 2021 0.150 - 0.150
6 01 Apr 2021 - 30 Jun 2021 17 Sep 2021 0.092 - 0.092
7 01 Jul 2021 - 30 Sep 2021 - - - -
8 01 Oct 2021 to 31 Dec 2021 31 Mar 2022 0.130 - 0.130
9 01 Jan 2021 - 31 Mar 2022 15 Jun 2022 0.162 - 0.162
10 01 Apr 2022 - 30 Jun 2022 14 Sep 2022 0.1650 - 0.1650
11 01 Jul 2022 - 30 Sep 2022 16 Dec 2022 0.1500 - 0.1500
12 01 Oct 2022 to 31 Dec 2022 31 Mar 2023 0.1730 - 0.1730
13 01 Jan 2023 - 31 Mar 2023 16 Jun 2023 0.1670 - 0.1670
14 01 Apr 2023 - 30 Jun 2023 15 Sep 2023 0.1700 - 0.1700
15 01 Oct 2023 - 31 Dec 2023 29 Mar 2024 0.1630 - 0.1630
Total 1.6370 0.380 2.0170