WHART trust set to trade on 12 October 2026, highlighting a 7.39% annual yield

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Summary · why it matters

The WHART trust is preparing to bring its additional trust units for trading on the Stock Exchange of Thailand for the first time on 12 October 2026, after successfully offering the additional trust units from 21-25 September and 28 September to 1 October 2026, with investors subscribing for the full amount. This capital increase aims to invest in the WGCL IDC project, an international-standard built-to-suit distribution centre on a strategic EEC location in Map Ta Phut, Rayong Province, valued at no more than 2,507.60 million baht, with a total area of approximately 99,390 square metres, along with a 30-year long-term lease with a leading corporate tenant. After the investment, WHART will have more than 2 million square metres of leasable area under management and total asset value of more than 56,000 million baht. Mr. Suphasit Sitthised, Chief Executive Officer of WHA Real Estate Management Co., Ltd., as the trust's manager, disclosed that the trust expects to pay a distribution of 0.783 baht per unit, based on estimated operating results for the 12-month period from 1 October 2026 to 30 September 2027, or an annual distribution rate of approximately 7.39% at the final offering price of 10.60 baht per unit. Meanwhile, Miss Jittisa Charoenpanich, an executive in investment banking at Kasikornbank Public Company Limited, as financial advisor and underwriter, stated that the trust has an A credit rating with a Stable outlook from TRIS Rating and has a track record of continuous distributions for more than 10 years.

Impact on assets 2

Financials▲
Kasikornbank Public Company Limited
KBANK
± MixedCapitalrelevance

Kasikornbank acts as financial advisor and underwriter for the WHART trust's additional unit offering, a role mention rather than a company-specific financial event.

Real Estate▲

Off-coverage companies 2

WHA Real Estate Management Company Limitedi
Private▲ PositiveCapitalrelevance

WHA Real Estate Management, as the trust's manager, is raising capital via additional trust units to invest in the WGCL IDC project and expects a 7.39% annual distribution.

TRIS Rating Co., Ltd.i
Private± Mixedrelevance