Ticon Freehold and Leasehold Real Estate Investment Trust Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Thanarat Boonyakosol

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3yrs
CEO ownership	n/a
Management average tenure	5.8yrs
Board average tenure	5.9yrs

Recent management updates

Recent updates

CEO

Thanarat Boonyakosol

3yrs

Tenure

Mr. Thanarat Boonyakosol serves as Managing Director Frasers Property Commercial Asset Management (Thailand) Co., Ltd. of Golden Ventures Leasehold Real Estate Investment Trust since 2024 and had been its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thanarat Boonyakosol	MD & Director of Frasers Property (Thailand) Public Company Limited	3yrs	no data	no data
Pornpimol Supawiratbancha	CFO, Treasurer & CS of Frasers Property Industrial REIT Management (Thailand) Co.	6.1yrs	no data	no data
Bhumpharn Arunthammakul	VP of Investment & IR of Frasers Property Industrial REIT Management (Thailand) Co.	7.3yrs	no data	no data
Namtip Panjan	VP of Finance & Accounting of Frasers Property Industrial REIT Management (Thailand) Co.	8.8yrs	no data	no data
Weerayut Laovechprasit	VP of Legal & Compliance of Frasers Property Industrial REIT Management (Thailand) Co.	5.3yrs	no data	no data
Peerapat Srisukont	Director of Frasers Property Industrial REIT Management (Thailand) Co.	no data	no data	no data
Tirakarn Thammasarangkoon	Assistant Vice President of Asset Management	7.1yrs	no data	no data
Warisara Techakulwirote	SVP of Investment Property of Frasers Property Industrial REIT Management (Thailand) Co.	5.6yrs	no data	no data
Thanawat Lertsirarungsun	Assistant Managing Director of Frasers Property Industrial REIT Management (Thailand) Co.	4.9yrs	no data	no data

5.8yrs

Average Tenure

Experienced Management: FTREIT's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Thanarat Boonyakosol	MD & Director of Frasers Property (Thailand) Public Company Limited	3yrs	no data	no data
Peerapat Srisukont	Director of Frasers Property Industrial REIT Management (Thailand) Co.	8.3yrs	no data	no data
Threekwan Bunnag	Independent Chairman of Frasers Property Industrial REIT Management (Thailand) Co.	5.8yrs	no data	no data
Somboon Wasinchutchawal	Director at Frasers Property (Thailand) Public Company Limited	3yrs	no data	no data
Sopon Punyaratabandhu	Independent Director of Frasers Property Industrial REIT Management (Thailand) Co.	11.5yrs	no data	no data
Sopon Racharaksa	Director of Frasers Property Industrial REIT Management (Thailand) Co.	7.8yrs	no data	no data
Hiroaki Sagane	Director of Frasers Property Industrial REIT Management (Thailand) Co.	5.9yrs	no data	no data

5.9yrs

Average Tenure

58yo

Average Age

Experienced Board: FTREIT's board of directors are considered experienced (5.9 years average tenure).

Ticon Freehold and Leasehold Real Estate Investment Trust Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Ticon Freehold and Leasehold Real Estate Investment Trust, Annual General Meeting, Jan 27, 2023

Less than half of directors are independent

Less than half of directors are independent

Ticon Freehold and Leasehold Real Estate Investment Trust, Annual General Meeting, Jan 27, 2021

Recent updates

Belton Industrial (Thailand) Limited completed the acquisition of Immovable property of Frasers Property Thailand Industrial Freehold & Leasehold REIT from Ticon Freehold and Leasehold Real Estate Investment Trust (SET:FTREIT) for THB 49.5 million.

Third quarter dividend of ฿0.19 announced

Third quarter 2024 earnings released

Frasers Property Thailand Industrial Freehold & Leasehold REIT Approves Dividend for the Period Between April 1 , 2024 to June 30 , 2024, Payable on September 6 , 2024

Second quarter dividend of ฿0.19 announced

Second quarter 2024 earnings released

Frasers Property Thailand Industrial Freehold & Leasehold REIT Approves Dividend for the Period Between January 1 , 2024 to March 31 , 2024, Payable on June 7, 2024

Upcoming dividend of ฿0.19 per share at 7.4% yield

First quarter dividend of ฿0.19 announced

First quarter 2024 earnings released

Ticon Freehold and Leasehold Real Estate Investment Trust Approves Dividend for the Period Between October 1, 2023 to December 31, 2023, Payable on March 7, 2024

New minor risk - Shareholder dilution

Upcoming dividend of ฿0.19 per share at 7.5% yield

Full year 2023 earnings released

Upcoming dividend of ฿0.19 per share at 6.9% yield

Third quarter 2023 earnings released

Ticon Freehold and Leasehold Real Estate Investment Trust Approves Dividend for the Period Between April 1, 2023 to June 30, 2023, Payable on August 31, 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released

Ticon Freehold and Leasehold Real Estate Investment Trust Approves Dividend for the Quarter Ended March 31, 2023, Payable on June 1, 2023

Less than half of directors are independent

Upcoming dividend of ฿0.19 per share at 6.4% yield

Investor sentiment improved over the past week

Ticon Freehold and Leasehold Real Estate Investment Trust, Annual General Meeting, Jan 27, 2023

Less than half of directors are independent

Upcoming dividend of ฿0.19 per share

Full year 2022 earnings released

Now 20% undervalued

Upcoming dividend of ฿0.17 per share

Third quarter 2022 earnings released: EPS: ฿0.25 (vs ฿0.11 in 3Q 2021)

Ticon Freehold and Leasehold Real Estate Investment Trust Approves Dividend for the Quarter Ended June 30, 2022, Payable on September 1, 2022

Price target decreased to ฿11.85

Upcoming dividend of ฿0.17 per share

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Ticon Freehold and Leasehold Real Estate Investment Trust Approves Dividend for the Quarter Ended March 31, 2022, Payable on June 1, 2022

Price target decreased to ฿12.95

Less than half of directors are independent

Price target decreased to ฿13.40

Upcoming dividend of ฿0.17 per share

First quarter 2022 earnings: Revenues exceed analyst expectations

Ticon Freehold and Leasehold Real Estate Investment Trust Approves Dividend, Payable on March 3, 2022

Upcoming dividend of ฿0.17 per share

Full year 2021 earnings released

Ticon Freehold and Leasehold Real Estate Investment Trust (SET:FTREIT) completed the acquisition of 4 factory buildings with leasable area of 12,400 square meters from Frasers Property Industrial (Thailand) Company Limited.

Upcoming dividend of ฿0.17 per share

Third quarter 2021 earnings released: EPS ฿0.11 (vs ฿0.18 in 3Q 2020)

Upcoming dividend of ฿0.17 per share

Second quarter 2021 earnings released

Ticon Freehold and Leasehold Real Estate Investment Trust Announces Dividend for the Period from January 1, 2021 to March 31, 2021, Payable on June 2, 2021

New 90-day low: ฿11.00

First quarter 2021 earnings released

New 90-day low: ฿11.10

Ticon Freehold and Leasehold Real Estate Investment Trust, Annual General Meeting, Jan 27, 2021

New 90-day low: ฿11.70

New 90-day low: ฿11.90

Revenue beats expectations

Price target raised to ฿15.00

New 90-day low: ฿13.40

Earnings released

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age