TICON was listed on the Stock Exchange of Thailand (SET).

TICON Property Fund (TFUND) was established and listed on the Stock Exchange of Thailand (SET) to invest in factories.

TPARK Logistics Property Fund (TLOGIS) was established and listed on the Stock Exchange of Thailand (SET) to invest in warehouses.

TICON Industrial Growth Leasehold Property Fund (TGROWTH) was established and listed on the Stock Exchange of Thailand (SET).

The Company increased capital via private placement by issuing 735 million common shares to Frasers Property Holdings (Thailand) Company Limited (FPHT), who became a major shareholder with a 40% stake in the Company.

The Company converted three property funds; TFUND, TLOGIS and TGROWTH into Frasers Property Thailand Industrial Freehold and Leasehold REIT or “FTREIT” (previously known as TICON Freehold & Leasehold Real Estate Investment Trust or “TREIT”). FTREIT has become the largest industrial and logistics trust in Thailand.

The Company partnered with ST Telemedia Global Data Centre to develop and operate Thailand’s first hyperscale data centre built to global standards and strategically located in central Bangkok.

TRA Land Development Co., Ltd., a joint venture between the Company, Rojana Industrial Park PLC and Asia Industrial Estate Co., Ltd., won the auction bidding for a 4,315-rai plot of land located on Bangna-Trad Road KM.32, Bang Bo, Samutprakan for development into a large-scale industrial township with a combination of commercial mixed-use and residential projects.

• TICON partnered with Sahathai Terminal, Thailand’s leading provider of a full range port solutions and logistics services, to develop a new strategic cluster of modern logistic park and distribution center located at Poochaosamingprai on the outskirts of Bangkok. • The company has rebranded its official name and brand from “TICON Industrial Connection PLC” to “Frasers Property (Thailand) PLC” and changed its trading ticker on the Stock Exchange of Thailand (“SET”) from “TICON” to “FPT”.

• Frasers Property Thailand partnered with PBA Group, a Singapore-based technology provider of robotics and automation solutions across all industries, to operate a business in relation to providing robotics and automation solutions and services for factories and warehouses in Thailand. • Frasers Property Thailand formed a strategic joint-venture agreement with Mitsui Fudosan, Japan’s largest real estate developer, in order to invest and develop large-scale smart industrial and logistics parks in high potential locations.

The Company has completed the delisting process of the securities of GOLD according to the required procedure of the Stock Exchange of Thailand (SET). On 4 August 2020, the SET approved the delisting of GOLD’s common stocks with effect from 11 August 2020 while the last trading day was on 10 August 2020.

The Company has completed the delisting process of the securities of GOLD according to the required procedure of the Stock Exchange of Thailand (SET). On 4 August 2020, the SET approved the delisting of GOLD’s common stocks with effect from 11 August 2020 while the last trading day was on 10 August 2020.

The Company has completed the delisting process of the securities of GOLD according to the required procedure of the Stock Exchange of Thailand (SET). On 4 August 2020, the SET approved the delisting of GOLD’s common stocks with effect from 11 August 2020 while the last trading day was on 10 August 2020.

The Board of Executive Committee’s Meeting has resolved to approve Golden Land Property Development Public Company Limited, the Company’s subsidiary, to acquire the ordinary shares in the aggregate amount of 5,000,000 shares equivalent to 100% of the total ordinary shares in Silom Corporation Company Limited, including acceptance of the assignment of the right to receive payment under the promissory notes issued by Silom Corporation Company Limited to its existing shareholder in the amount of THB 457,344,170, altogether equivalent to the total transaction value at THB 1,090 million, with the objective for investment in Silom Centre Project to operate rental office and retail space located at Silom and Rama IV Junction on Silom Road.

The Company has incorporated a new wholly-owned subsidiary, Fraser Propersty Thailand (Indonesia) Pte. Ltd., to support the business operation in Indonesia.

The Board of Executive Committee’s Meeting has resolved to establish two new wholly-owned subsidiaries to support the business operation in Vietnam, consisting of NM1 Pte. Ltd and NM1 Vietnam Company Limited with an objective to be a center of investing in Vietnam and to develop industrial real estate in Vietnam, respectively.

The Company has approved the subsidiaries to engage in the acquisition of ordinary shares in PT SLP Surya TICON Internusa (“SLP”), an associated company in Indonesia, and PT Surya Internusa Timur (“SIT”), a joint venture company in Indonesia. Therefore, the Company has increased stakes in SLP from 25% to 75% and in SIT from 33.3% to 100%, respectively. In consequence, both SLP and SIT have become the Company's subsidiaries.

The Company has entered into the Share Purchase Agreement with its major shareholder, Frasers Property Holdings (Thailand) Company Limited (“FPHT”) to sell all shares or 100 percent shareholding in Frasers Property Technology (Thailand) Company Limited (“FP TECH”) as held by the Company and its subsidiaries to FPHT at the total value of THB 460,000,000.- (“SPA”). FP TECH is a wholly-owned subsidiary of the Company to jointly invest in data center business with ST Telemedia Global Data Center Group through the holding of shares in STT GDC (Thailand) Co., Ltd. (“STT GDC”), which is an associated company (joint venture) of the Company. Therefore, FP TECH and STT GDC cease to be a subsidiary and an associated company of the Company, respectively.

The Company has established Gold Venture 1 Company Limited for investment in various businesses, with a total registered capital of THB 1,000,000. The Company held 99.48% shares via Golden Land Property Development Public Company Limited, a subsidiary of the Company. The Company has entered into an agreement disposing all its shares held in JustCo (Thailand) Co.,Ltd. ("JCT"), a joint venture company operating as a co-working space, in the proportion of 51% to JustCo Holding (Thailand) Co., Ltd. which is a connected person of the Company, with a transaction value of THB 316,000,000. The sale of shares in JCT is considered a restructuring of the Company’s investment to focus on core business group which is real estate business.