11 Jul 2019 17:10:00
Announcement of Asset Value
No. TT/ IM 248/2019 11 July 2019 Attn: President The Stock Exchange of Thailand Re: Announcement of Asset Value Dear Sir, TMB Asset Management Co., Ltd. (The Management Company) on behalf of Fund Management Company of Luxury Real Estate Investment Fund (LUXF) would like to announce the asset value from annual asset valuation for the year 2019 as following details Appraisal Firm : CB Richard Ellis (Thailand) Co.,Ltd Type of Assets : Land and Building Location :56 Moo 5 Ban Pa Sai - Ban Tha Khao Road, Koh Yao Noi Sub District, Koh Yao District, Phang Nga Province Valuation approach : Income Approach Cash-flow projection period : 10 Years Date of valuation : 25 June 2019 Open Market Value : 2,240,000,000 Baht ( Two Thousand Two Hundred and Forty Million Baht)* *Note: The above Open Market Value took into account the existing contracts in generating revenue from the asset by Luxury Real Estate Investment Fund ( Lease Contract) as a part of valuation assumption under the announcement of Securities and Exchange Commission No. Nor (Wor) 22/2010 dated 22 July 2010 Re: "Valuation and Valuation Review of Property Fund" Investors can inquire information relation to the valuation report or valuation review report from TMB Asset Management Co., Ltd Please notify accordingly ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.