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19 Jul 2022 17:02:00
The 19th Notification for the Sale of Immovable property of Multi-National Residence Fund (MNRF)
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                Acquisition or disposition of assets

July 19, 2022
To    The President
The Stock Exchange of Thailand
No. KorTorRor. SorOrSor. 63/2022 Re: The 19th Notification for the Sale of 
Immovable property of Multi-National Residence Fund (MNRF)
MFC Asset Management Public Company Limited, as the Management Company of 
Multi-National Residence Fund ("the Fund"), would like to notify the summary of
the sale of immovable property, details as follow:
-    Completion of transaction Date :
July 6, 2022
-    Buyer :
Unit number    Buyer
39/293    Ms. Jariyawadee Suvunditkul
-    Details of asset sold :
Danicha Garden Condominium Building C unit number 39/286 with total usable area 
of 259.40 square meters, located in the Nichada Thani Compound
-    Location :
Danicha Garden Condominium Building C, Soi Nichada Thani, Samakee Road, Pakkret,
 Nonthaburi 11120
-    Land Area :
According to the book title suite, total usable area of 259.40 square meters,
-    Transaction Description :
Disposal of asset by which the total value of transaction is 0.68 % of the net 
asset value, calculated from the financial statement as of March 31, 2022
-    Disposition Price :
Baht 5,900,000 being already paid

-    Value of assets :
            Purchase Price :  Investment Price
Unit Number    Purchase Price
(Investment Price)    Acquisition date
39/293    5,076,743    May 13, 2008
-    Book value : Appraisal value by K.T. Appraisal Company Limited as June 1, 2022
Unit Number    Appraisal value as of  June 1, 2022 (Baht)
39/293    5,080,000.00
    Appraisal Values by 2 independent appraisers (based on income approach):
           1) Baht 5,080,000.00 by K.T. Appraisal Company Limited (valued on June 1, 
           2)  Baht 4,960,000.00 by Assetasia corporation Limited (valued on June 1, 
-    Criteria to determine the value of transaction :
The value of transaction is determined by purchase price, and appraisal value
-    Benefits from asset disposal :
Realize gain from property appreciation
-    Plan to use the proceeds :
The Fund will proceed for capital reduction to unitholders at appropriate time.
-    Approval of transaction :
Approved by the Property Investment Committee of Management Company

Please be informed accordingly.

Sincerely yours,

(Miss Natree Panassutrakorn)
Executive Vice President                         

Property and Infrastructure Fund Department
Tel: 02-649-2174
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