Companies/Securities in Focus
GROREIT : GRANDE ROYAL ORCHID HOSPITALITY REAL ESTATE INVESTMENT TRUST WITH BUY-BACK CONDITION
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Company Name
GRANDE ROYAL ORCHID HOSPITALITY REAL ESTATE INVESTMENT TRUST WITH BUY-BACK CONDITION
Address
9th and 24th Floor, Siam Piwat Tower Building, 989 Rama 1 Road, Pathumwan Bangkok
Telephone
0-2659-8888
Fax
0-2659-8860
Website
Asset Management Company
ONE ASSET MANAGEMENT LIMITED
Property Manager
Sheraton Overseas Management Corporation
Investment Policy
The trust invests in the freehold right of the Royal Orchid Sheraton Hotel and Tower. Royal Orchid Hotel (Thailand) Public Company Limited (ROH) as former owner shall be lessee and buyer for asset buy-back. The period of leasing is for 3 years and shall be renew the term of 2 times, for 1 year each. The trust has condition of selling asset to ROH at the end of year 3-5.
Annual Report
Form56-1
Financial Statement
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Trading Statistics (as of 13 May 2022)
P/E
-
Dvd. Yield(%)
2.78
P/NAV
0.93
Market Cap. (M. Baht)
3,055.50
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Market
SET
Industry
Property & Construction
Sector
Property Fund & REITs
First Trade Date
21 Jul 2021
Capital Detail
Par Value
10.00 Baht
Common Stock
Authorized Capital
3,150,000,000.00 Baht
Paid-up Capital
3,150,000,000.00 Baht
Preferred Stock
Authorized Capital
-
Paid-up Capital
-
Foreign Limit
49.00000 %
(as of 13/05/2022) ISIN Number
Local
THA411010004
Foreign
THA411010012
NVDR
-
Fiscal End
31/12
Company Auditor (Effective Until 31/12/2022)
The person taking the highest responsibility in finance and accounting
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The person supervising accounting
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Shares Detail
Common Stock
Listed Share
315,000,000 Shares
Paid-up Stock
315,000,000 Shares
Voting Right Ratio
1 : 1
Treasury Stock
-
Voting Stock minus Treasury Stock
as of 17 May 2022
315,000,000 Shares
as of 30 Apr 2022
315,000,000 Shares
Preferred Stock
Listed Share
-
Treasury Stock
-
Voting Stock minus Treasury Stock
as of 17 May 2022
-
as of 30 Apr 2022
-
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Dividend Policy
No less than 90 percent of adjusted net profit of the accounting year (with additional conditions)
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Remark
• For foreign listed company (Secondary Listing), P/E P/BV and Dividend Yield are calculated by applying BOT exchange rates for comparison purpose only.
• For foreign listed company (Secondary Listing), P/E P/BV and Dividend Yield are calculated by applying BOT exchange rates for comparison purpose only.
