SET : FPT
Last : THB18.70
Change | % : 0.00|0.00 %
SET : FPT Last : THB18.70 Change | % : 0.00|0.00 %

News

28
Jan
2019
TICON rebranded to "Frasers Property" paving the way for future expansions
  • Frasers Property Thailand is now a member of Frasers Property Limited, a multi-national company listed on the Singapore Stock Exchange, that owns, develops and manages a diversified portfolio across Asia Pacific and Europe in five real estate asset classes.
  • With support from the strong global network of Frasers Property Group, Frasers Property Thailand is well-positioned for growth in both Thailand and selected markets in ASEAN.

BANGKOK, 28 JANUARY 2019

TICON’s annual general meeting on January 25 approved the rebranding of TICON and its subsidiaries. The company is now officially known as Frasers Property (Thailand) Public Company Limited and will be traded on the Stock Exchange of Thailand under a new trading ticker "FPT". This marks a new start under the global brand of "Frasers Property".

Mr. Panote Sirivadhanabhakdi, Chairman of the Executive Committee of Frasers Property (Thailand) Public Company Limited and Group Chief Executive Officer of Frasers Property Limited said, "We are pleased to officially welcome TICON to Frasers Property Group. TICON brings a legacy of more than 28 years as Thailand’s leading developer of industrial properties. The new name of the Company reflects Frasers Property’s vision of a unified global brand as the owner, developer, and manager of a diverse, integrated portfolio of properties. Frasers Property Thailand will be a key driver for our business expansion in select markets in ASEAN."

Mr. Sopon Racharaksa, President of Frasers Property (Thailand) Public Company Limited, added, "The company’s new name and brand reflect our strategy to deliver solutions that meet the evolving needs of customers in the digital era. We will continue to strengthen our current industrial property business with support from the vast network of Frasers Property Limited and leverage on the global brand of "Frasers Property" to gain access to overseas markets. We will be driven by our vision to be the leading smart integrated property platform with businesses across multiple asset classes. We will integrate solutions, our business network and modern technologies to create more valuable experiences for our customers. Besides, the new brand will broaden our ability to expand into adjacent real estate businesses in select markets in ASEAN, with a focus on Indochina and Indonesia."