13 Feb 2020 17:36:00
Details of Properties and its Revaluation
Multi-National Residence Fund Details of Properties and its Revaluation 1. Appraiser : Asset Asia Corporation Co., Ltd. 2. Valuation Date : 31st October 2019 3. Location : 3.1 Palmtree Place Project and Nichada Garden Condominium Project are located in the Nichada Thani Project , Soi Samakee 29, Samakee Road, Tambon Bangtalad, Amphor Pakkret, Nonthaburi 3.2 The Privilege Leam Chabang are located on Yuttasart-Nongkwa Tambon Bung, Amphur Sriracha, Chonburi Province 4. Details of Properties: Projects Type Number of Units Appraisal Value (Baht) 1. Palm Tree Place 2-storey single house 29 514,300,000 2. Danicha Garden Condominium 7-storey Condominium 16 79,600,000 3. The Privilege Leam Chabang 2-storey single house 35 282,460,000 5. Method of valuation : The appraiser has applied the income method which derived from an estimation of the net income generated from the subject properties. Under this valuation the appraiser applied 10-year discounted cash flow projection plus its terminal value to indicate the property value. 6. Investors may request for more details of the appraisal report at the Management Company. ______________________________________________________________________ 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.