News Detail

Date/Time
21 Jan 2015 17:08:00
Headline
Closing Date for Unitholder's Meeting for investment in additional assets (Revised Thai-PDF File 2)
Symbol
DIF
Source
DIF
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                Meeting schedule of securities holders

Subject                                  : Schedule of Unitholders Meeting
Date announced                           : 19-Jan-2015
Meeting date                             : 27-Feb-2015
Record date for the right to attend the  : 02-Feb-2015
meeting
Book closing date for collecting holders : 03-Feb-2015
 names under Section 225 of the 
Securities and Exchange Act
Ex-meeting date                          : 29-Jan-2015
Significant agenda item                  : 1.    To consider and approve investment
 in the additional infrastructure business assets No. 1;
2.    To consider and approve the entry into agreements relating to the seeking of 
benefits from the additional infrastructure business assets in which the Fund
will invest;
3.    To consider and approve the amendment of details of the fund scheme and 
updating information in the fund scheme in relation to the additional
infrastructure business assets invested by the Fund to be up-to-date, complete
and in accordance with the rules prescribed by the Office of the Securities and
Exchange Commission;
4.    To consider and approve the amendment of details of the fund scheme in 
relation to expenses of the Fund and/or updating other information in the
details of the fund scheme for accuracy and clearness; and
5.    To consider other matters (if any).
Remark                                   :
The Management Company will further notify the Stock Exchange of Thailand of 
details regarding the time and the venue of the meeting and disclose the
information relating to the appraised value of the Additional Telecom
Infrastructure Assets and relevant financial projections no later than 26
January 2015. The Management Company will send a notice of the meeting together
with supporting documents to the unitholders for their consideration at least 14
 days before the date of the meeting, accordingly.
______________________________________________________________________

Acquisition and disposition of assets

General Characteristics of the Transaction
The Fund will use the proceeds obtained from credit facilities to be provided by
the group of lenders to fund the investment in the additional
telecommunications infrastructure business assets, which comprise: (a) fiber
optic cables (FOC) for a length of up to 8,000 kilometres; and (b)
telecommunications towers of up to 350 towers and other relevant passive
telecommunications infrastructure (if any), collectively referred the assets to
as the "Additional Telecom Infrastructure Assets". The proposed investment may
be in a form of investment in ownership and/or possession right and/or long-term
leasehold in the Additional Telecom Infrastructure Assets, and/or right to
receive future revenue arising out of management of infrastructure business in
relation to the Additional Telecom Infrastructure Assets, including leasing of
assets, and/or any other forms of investment as permitted by the laws. The total
investment value will fall within the approximate range of Baht 10,000 million
(ten thousand million Baht) to Baht 14,000 million (fourteen thousand million
Baht) (including expenses for acquiring the Additional Telecom Infrastructure
Assets, e.g., taxes, counsel fees, lawyer fees, etc.). Such price range is based
on the initial appraised prices appraised by two independent appraisers
appointed by the Fund to appraise the value of the Additional Telecom
Infrastructure Assets, namely Capital Plus Advisory Company Limited and Silom
Advisory Company Limited. The final value of this investment in the Additional
Telecom Infrastructure Assets to be made by the Fund will not exceed the lowest
of the appraised prices made by two independent appraisers appointed by the Fund
 to appraise the value of the Additional Telecom Infrastructure Assets.
The Management Company will further notify the unitholders of the information 
and details of the final form of investment in the Additional Telecom
Infrastructure Assets.

Transaction Size and Total Consideration Value
The total investment value of the Additional Telecom Infrastructure Assets will 
fall within the approximate range of Baht 10,000 million (ten thousand million
Baht) to Baht 14,000 million (fourteen thousand million Baht) (including
expenses for acquiring the Additional Telecom Infrastructure Assets, e.g.,
taxes, counsel fees, lawyer fees, etc.) to be paid by cash and/or cheque and/or
money transfer to bank account. Such price range is based on the initial
appraised prices appraised by two independent appraisers appointed by the Fund
to appraise the value of the Additional Telecom Infrastructure Assets. The final
value of the Additional Telecom Infrastructure Assets to be invested by the
Fund will not exceed the lowest of the appraised prices made by two independent
appraisers appointed by the Fund to appraise the value of the Additional Telecom
Infrastructure Assets. The total size of the transaction calculated under
Clause 3 is expected to be more than 3 per cent of the net asset value of the
Fund as of 31 December 2014 having a value of approximately Baht 72,113,243,596
(seventy-two thousand one hundred thirteen million two hundred fourty-three
thousand five hundred and ninety-six Baht).

Value of the Additional Telecom Infrastructure Assets to be invested by the Fund
The total value of the Additional Telecom Infrastructure Assets to be invested 
by the Fund will fall within the approximate range of Baht 10,000 million (ten
thousand million Baht) to Baht 14,000 million (fourteen thousand million Baht).
The final value of this investment in the Additional Telecom Infrastructure
Assets to be invested by the Fund will not exceed the lowest of the appraised
prices made by the two independent appraisers appointed by the Fund to appraise
the value of the Additional Telecom Infrastructure Assets.

Criteria for Determination of Consideration Value
The price to be paid by the Fund for this investment in the Additional Telecom 
Infrastructure Assets is determined by the appraised prices made by the two
independent appraisers. The final value of the Additional Telecom Infrastructure
Assets to be invested by the Fund will not exceed the lowest of the appraised
prices made by the two independent appraisers appointed by the Fund to appraise
the value of the Additional Telecom Infrastructure Assets.
______________________________________________________________________
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.