News Detail

Date/Time
15 May 2019 12:50:00
Headline
Management Discussion and Analysis Quarter 1 Ending 31 Mar 2019
Symbol
MIPF
Source
MIPF
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                Management Discussion and Analysis

Company name                             : MILLIONAIRE PROPERTY FUND
Year                                     : 2019
Quarter                                  : Quarter 1
Ending                                   : 31-Mar-2019
Note                                     :
PT. 058/2019


15 May 2019

      
Re:    Clarification of more than 20% Change of Operations Result of
    Millionaire Property Fund

To:    President
    The Stock Exchange of Thailand


One Asset Management Limited in its capacity as the fund manager of Millionaire 
Property Fund (the Fund) would like to inform the reasons for the change of
operations result for the three month period ended 31 March 2019 where the
increase in net assets resulting from operations was Baht 38.95 million,
representing a decrease of Baht 13.76 million or 26.11% from the same quarter in
2018 while the increase in net assets resulting from operations from the same
quarter in 2018 was Baht 52.71 million.  The main reason was that the Fund's
decrease in investment income resulting from declining service income of Baht
5.36 million and increase in cost of rental and services of Baht 8.68 million
resulting from cooling system improvement of the Fund's main asset.


Please be informed accordingly


Sincerely yours,



Mr. Alongkorn Prathanrasnikorn
Senior Executive Vice President














Property and Infrastructure Fund Department
Tel: 02 659 8888 ext.8843, 8837 and 8878
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