Listing Information
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Infrastructure Trust
 General listing criteria Listing Procedures Procedure of listing and relevant parties Documents |
Infrastructure Trust is an alternative financial tool for both public and private organizations to raise fund from capital market on top of listing on the stock exchange or borrowing from banks. The company can raise fund from the infrastructure project and utilize that capital to expand business at a favorable cost. Another advantage is that the trust can invest in infrastructure assets of greenfield and / or brownfield projects.
Infrastructure Trust is a trust investing in infrastructure projects that provide benefits to the public either in Thailand or overseas. The infrastructure projects cover the followings:
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General listing criteria
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| Units transaction | Infrastructure Trust may be either listed or not listed on SET |
| Investment |
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| Distribution and allocation of units |
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Development of the infrastructure project (green-field project) |
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| Holding restriction for any person or group of persons | Not more than 50% of the total number of the trust units and of each tranche (if any) |
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Leverage limit |
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| Dividend policy | > 90% of adjusted net profit |
| Financial Statement | Audited by a qualified auditor on the approval list of the SEC |
| Accounting Standard | Thai GAAP |
(1) HNW = High Net Worth investor who individually purchases unit trust at minimum of THB 10 million or accumulated THB 10 million.
Reference :
- Regulations of The Stock Exchange of Thailand: Listing, Disclosure of Information and Delisting of the Infrastructure Trust Units
- Capital Market Supervisory Board (CMSB) Announcement Tor. Jor. 12/2558
