Frasers Property (Thailand) Public Company Limited (FPT), Thailand's premier integrated real estate platform, has once more secured an 'A' credit rating with a 'Stable' outlook from TRIS Rating for the third consecutive year. TRIS Rating recognizes the strategic value of being part of Frasers Property group, a leading global real estate developer, and its ability to navigate the challenges and changes in the business landscape. This rating underscores FPT's standing as a robust and dependable company.
The “A” rating reflects FPT’s stable status. TRIS Rating acknowledges the strategic importance of FPT for Frasers Property Limited (FPL), a company listed on the Singapore Stock Exchange that has made substantial investments in Thailand's real estate sector through FPT. The company operates a fully integrated real estate portfolio encompassing residential, industrial, and commercial sectors. This diversification results in multiple revenue streams, enhancing the portfolio's flexibility and contributing to profits, enabling FPT to sustain its market position and achieve its operational goals.
In terms of the financial outlook, TRIS Rating forecasts ample liquidity over the next 12 months. FPT has sufficient funding to ensure the seamless operation of all its business units and the capacity to invest in strategic opportunities.
