Ticon raises its property fund size

Ticon Industrial Connection Plc plans to recapitalise its property fund by Bt2 billion next year, to Bt5.7 billion, for the purchase of 50 more factories from the company.

Viraphan Phunket, managing director, said that the recapitalisation of Ticon Fund is being prepared. He noted that it is the company's plan to raise the fund's size every year, each year for the purchase of 50 industrial plants.

Next year, the new investment would also be geared towards warehouses. The fund's investment ratio in industrial plants and warehouses will be 80:20, he said.

- The Nation

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Ticon raises its property fund size

Ticon Industrial Connection Plc plans to recapitalise its property fund by Bt2 billion next year, to Bt5.7 billion, for the purchase of 50 more factories from the company.

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