Impact Growth REIT set to debut | Bangkok Post: business

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Impact Growth REIT set to debut

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The Impact Growth Real Estate Investment Trust, the first REIT in Thailand worth 20 billion baht, is ready to launch its initial offering next week and begin trading on Oct 1. 

Paul Kanjanapas, managing director of Impact Exhibition Management Co, said the REIT would acquire the freehold assets of Impact's Muang Thong Thani project as its underlying assets, with a transaction size of up to 20 billion baht.

The IPO price ranges from 10.30 to 10.60 baht a unit with a minimum subscription of 2,000 units from Sept 8 to 12.

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