News Detail

Date/Time
19 Nov 2021 17:08:00
Headline
Sor Aor Sor 81/2021 Re: To notify the omission of dividend payment of MFC Patong Heritage Property Fund (M-PAT) for the three-month period ended 30 September 2021
Symbol
M-PAT
Source
M-PAT
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                Dividend payment / Omitted dividend payment

Subject                                  : Omitted dividend payment
Date of Board resolution                 : 19-Nov-2021
Omitted dividend payment from            :
    Operating period from 01-Jul-2021 to 30-Sep-2021
Remark                                   :
19 November 2021


To    The President
The Stock Exchange of Thailand

No. Kor Tor Ror. Sor Aor Sor 81/2021 Re: To notify the omission of dividend 
payment of MFC Patong Heritage Property Fund (M-PAT) for the three-month period
ended 30 September 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. 28/2021 held on 19 November 2021 has resolved to approve the omission of
dividend payment for the operating period of 1 July 2021 to 30 September 2021.
As the Fund has net loss on change in fair value of investment of 84 million
baht and no rental revenue calculated from hotel performance during such period
under the lease agreement approved by the extraordinary meeting of unitholders
No. 1/2021 via electronic platform. 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
______________________________________________________________________
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