News Detail
Date/Time
28 Aug 2019 20:53:00
Headline
Report of Investment in the Telecom Infrastructure Assets for Additional Investment No. 4 of DIF
Symbol
DIF
Source
DIF
JorTor 11-620304 28 August 2018 Re: Report of Investment by Digital Telecommunications Infrastructure Fund (the "Fund" or "DIF") in the Telecom Infrastructure Assets for Additional Investment No. 4 To: The President The Stock Exchange of Thailand We, SCB Asset Management Company Limited (the "Management Company") as the management company of DIF, would like to inform you that the Fund has made investment in the Telecom Infrastructure Assets for Additional Investment No. 4 as described in the fund scheme of the Fund and the prospectus for the offering for sale of the new investment units of the Fund from the second capital increase which were disseminated and submitted to the Office of the Securities and Exchange Commission of Thailand on 5 August 2019. In this regard, the Fund completed its investment in the Telecom Infrastructure Assets for Additional Investment No. 4 on 28 August 2019 at the total price of Baht 15,676,555,341.90 using the proceeds from the sale of the new investment units of the Fund from the second capital increase deducted by related expenses for acquiring such assets. The Telecom Infrastructure Assets for Additional Investment No. 4 comprise: a) ownership in 788 completed and ready-for-operation telecommunications towers and other related passive telecommunications infrastructure from True Move H Universal Communication Company Limited; b) ownership in the fiber optic cables ("FOC") currently used for provision of mobile services in upcountry area (FOC Mobile Access UPC) with approximate distance 1,795 kilometres (or approximately 107,694 core kilometres) from True Move H Universal Communication Company Limited; c) ownership in the FOC currently used for Fibre to the X ("FTTx") system ("FOC for FTTx") for provision of internet and broadband internet services in Bangkok Metropolitan area and upcountry area with approximate distance of 315 kilometres (or approximately 40,823 core kilometres) and approximate distance of 617 kilometres (or approximately 37,505 core kilometres), respectively, from Real Move Company Limited; d) ownership in the FOC for FTTx for provision of internet and broadband internet services in upcountry area with approximate distance of 2,797 kilometres (or approximately 109,704 core kilometres) from True Internet Corporation Company Limited. Please be informed accordingly. Yours Faithfully, Digital Telecommunications Infrastructure Fund By SCB Asset Management Company (Mrs. Tipaphan Puttarawigorm) Executive Vice President, Property and Infrastructure Investment Group ______________________________________________________________________ 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.