News Detail

Date/Time
15 Feb 2022 17:48:00
Headline
To notify the omission of dividend payment of the Multi-National Residence Fund (MNRF) for the three-month period ended 31 December 2021
Symbol
MNRF
Source
MNRF
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                Dividend payment / Omitted dividend payment

Subject                                  : Omitted dividend payment
Date of Board resolution                 : 15-Feb-2022
Omitted dividend payment from            :
    Operating period from 01-Oct-2021 to 31-Dec-2021
Remark                                   :



Ref : MFC PT. 002/2022
15 February 2022
 The President
The Stock Exchange of Thailand

Dear Sir,

Re: To notify the omission of dividend payment of the Multi-National Residence 
Fund (MNRF) for the three-month period ended 31 December 2021

MFC Asset Management Plc., as the Management Company of the Multi-National 
Residence Fund would like to notify that the Investment Committee No. 02/2022
held on 15 February 2022 has resolved to approve the omission of dividend
payment for the operating period of 1 December 2021 to 31 December 2021. As the
Fund results in an operating loss from asset appraisal due to decrease in rental
rate and occupancy rate. The Fund therefore considered no dividend payment in
this quarter, however, From 1 January to 30 September of 2021, the Fund has
already paid the unitholders 0.0490 baht per unit which is 105% dividend payout
ratio of net profit. And the second quarter has paid the capital reduction of
the Fund 0.4600 baht per unit.

Yours truly,



(Ms. Natree Panassutrakorn)
Executive Vice President












REIT, Property and Infrastructure Fund Department
Tel. 02-649-2000
______________________________________________________________________
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