Bangkok Post – INETREIT set to hike capital by B3.2bn

February 22, 2024

Tapping into growth of cloud services

Thitiwat Kornwuth, senior vice-president of Krungsri Securities, left, Mr Suttakarn, centre left, Mr Wanchai, centre right, and Varaya Imanotai, senior director of Bank of Ayudhya.

INET Leasehold Real Estate Investment Trust (INETREIT) is planning its first capital increase of up to 3.2 billion baht for an additional investment in the rights of the INET-IDC3 phase 2, which is operated by local information and communication technology infrastructure provider Internet Thailand (INET).

The move is to cash in on the growth of cloud…