News Detail

Date/Time
18 Aug 2021 17:17:00
Headline
To notify the omission of dividend payment of MFC Patong Heritage Property Fund (M-PAT) for the three-month period ended 30 June 2021
Symbol
M-PAT
Source
M-PAT
Full Detailed News
Download Full Detailed News
                Dividend payment / Omitted dividend payment

Subject                                  : Omitted dividend payment
Date of Board resolution                 : 18-Aug-2021
Omitted dividend payment from            :
    Operating period from 01-Apr-2021 to 30-Jun-2021
Remark                                   :
18 August 2021


To    The President
The Stock Exchange of Thailand

No. Kor Tor Ror. Sor Aor Sor 66/2021 Re: To notify the omission of dividend 
payment of MFC Patong Heritage Property Fund (M-PAT) for the three-month period
ended 30 June 2021

MFC Asset Management Plc., as the Management Company of MFC Patong Heritage 
Property Fund ("the Fund") would like to notify that the Investment Committee
No. 21/2021 held on 18 August 2021 has resolved to approve the omission of
dividend payment for the operating period of 1 April 2021 to 30 June 2021. As
the Fund has no rental revenue calculated from hotel performance during such
period under the lease agreement approved by the extraordinary meeting of
unitholders No. 1/2020. The main reason comes from ongoing impact from the
COVID-19 pandemic. As a result, the Fund has net decrease in asset from
operation in the aforementioned period and recorded deficit.


Please be informed accordingly


              Sincerely yours

                                                                      (Natree 
Panassuthrakorn)
        Executive Vice President





Property and Infrastructure Fund Department Tel. 02-6492100
______________________________________________________________________
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.