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17 Aug 2020 19:53:00
Details of Properties and its Revaluation
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MFC-Nichada Thani Property Fund
Details of Properties and Valuation

1. Appraiser                      :        Future Appraisal Co, Ltd.
2. Valuation Date       :        3 June 2020
3. Location                        :        Properties are located in the Nichada 
Thani Project, Soi Samakee 29, Samakee Road,
Tambon Bangtalad, Amphor Pakkret, Nonthaburi
4. Details of Properties:

Projects    Type    Number of Units    Appraisal Value (Baht)
1. Sunshine Place    2-storey  detached house    20    280,200,000
2. Raintree Residence    2-storey  detached house    20    384,700,000

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.

Investors may request for more details of the appraisal report at the Management
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