April 20, 2018 11:25 AM ET

Company Overview of Frasers Property Holdings (Thailand) Co., Ltd.

Company Overview

98 North Sathorn Road

Bang Rak

Bangkok,  10500

Thailand

Founded in 2015

Phone:

85 5973 3324

Key Executives for Frasers Property Holdings (Thailand) Co., Ltd.

Frasers Property Holdings (Thailand) Co., Ltd. does not have any Key Executives recorded.

Frasers Property Holdings (Thailand) Co., Ltd. Key Developments

Frasers Property Holdings (Thailand) Co., Ltd. Issues 3 Debenture Offerings Through Private Placement

Frasers Property Holdings (Thailand) Co., Ltd. announced the three more offerings under its THB 25 billion debenture programme. The company will use the proceeds to repay debt, for investment and working capital. The company has priced the offering of up to THB 2 billion in aggregate principal amount of 2.19% debentures due 2021, up to THB 1 billion in aggregate principal amount of 2.55% debentures due 2023, and up to THB 2 billion in aggregate principal amount of 3.54% debentures due 2028. Interest is payable on each series of debentures every six months. They will also be guaranteed by the company. The debentures are being offered to institutional and high-net-worth investors on a private placement basis.

Frasers Property Holdings (Thailand) Co., Ltd. and TCC Assets (Thailand) Co., Ltd. Incorporate Company in Thailand: Frasers Assets Co., Ltd

Frasers Centrepoint Limited announced that Frasers Property Holdings (Thailand) Co., Ltd. has together with TCC Assets (Thailand) Co., Ltd. incorporated a company in Thailand named Frasers Assets Co., Ltd. with an initial registered capital of THB 3,000,000 for general investment holding purposes, with FPHT and TCCAT holding shareholding interests of 49% and 51% respectively, pursuant to a joint venture agreement entered into between FPHT and TCCAT.

Frasers Property Holdings (Thailand) Co., Ltd. Announces Establishment of Thb 25,000,000,000 Debenture Programme

Frasers Centrepoint Limited referred to its announcement dated 23 November 2017 in relation to the proposed establishment of a THB 25,000,000,000 debenture programme (the "Programme") and proposed benchmark issuance of debentures under the Programme. The company announced that its subsidiary, Frasers Property Holdings (Thailand) Co., Ltd. has established the Programme. Pursuant to the terms and conditions of the debentures to be issued by the Issuer under the Programme (the "Debentures") dated 18 December 2017 (the "Conditions") and executed by the Issuer, the Issuer may from time to time issue and offer for sale, Debentures under the Programme upon the terms and subject to the conditions contained in the Conditions and the applicable pricing supplement. The company has unconditionally and irrevocably guaranteed the punctual payment of any and all amounts required to be paid upon the Debentures issued under the Programme under a Guarantee dated 18 December 2017 issued by the company. In addition, the company announced that the Issuer has priced the offering of Debentures in an aggregate principal amount of up to THB 2,500,000,000, bearing a fixed interest rate of 2.94% per annum payable every 6 months throughout the tenor of such Debentures, with a maturity date of 21 December 2024 (the "2024 Debentures"), under the Programme. The 2024 Debentures are offered to institutional investors and high net worth investors on a private placement basis in reliance on a regulation of the Capital Market Supervisory Board of Thailand pursuant to the registration statement and draft prospectus which became effective on 18 December 2017. The 2024 Debentures are to be registered with the Thai Bond Market Association. Bangkok Bank Public Company Limited, CIMB Thai Bank Public Company Limited and Standard Chartered Bank (Thai) Public Company Limited have been appointed as the joint lead arrangers for the 2024 Debentures. Chartered Bank (Thai) Public Company Limited has been appointed as the joint lead arrangers for the 2024 Debentures. The Issuer will use the proceeds received from the offering of the 2024 Debentures for the repayment of existing debts and/or investment and/or financing its working capital. The 2024 Debentures are expected to be issued on 21 December 2017.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 9, 2018
TICON Industrial Connection Public Company Limited
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