News Detail

Date/Time
14 May 2015 17:59:00
Headline
Details of Assets of TRUEIF
Symbol
DIF
Source
DIF
Full Detailed News
Download Full Detailed News
                

JorTor 11-580252                                    May 14, 2015

To:     The President
The Stock Exchange of Thailand

Re:     Details of Asset

SCB Asset Management Co., Ltd., the Management Company of TRUE 
Telecommunications Growth Infrastructure Fund ("the Fund") would like to notify
the details of asset as of March 31, 2015 as follows:

Fund    Total Asset
(THB)    Net Asset Value
(THB)    Net Asset Value per unit (THB)
TRUE Telecommunications Growth Infrastructure 
Fund    88,097,047,782.09    72,110,649,016.42    12.4157

Appraisal of the Initial Assets
Company    Type
    Appraised Value
(THB million)    Appraiser    Valuation Date    Valuation Period    Appraisal Method
BFKT (Thailand) Limited ("BFKT")    The right to the net revenues from 
telecommunications towers    4,003    Silom Advisory Company Limited    December 31,
2014    January 1, 2015 - December 31, 2027 with terminal value    Income Approach
according to the Fund's structure
    The right to the net revenues from fiber optic cable transmission grid 
    14,340    Silom Advisory Company Limited            
Asia Wireless Communication Company Limited ("AWC")    The right to the net 
revenues from telecommunications towers    12,787    Silom Advisory Company Limited            
True Corporate Public Company Limited ("TRUE")    The ownership of 6,000 
telecommunications towers and other related passive telecommunications
infrastructure for mobile telecommunications services     19,607    Silom Advisory
Company Limited            
True Universal Convergence Company Limited ("TU")    The ownership of a core fiber 
optic cable grid and related transmission equipment and an upcountry broadband
system    20,814    Silom Advisory Company Limited            
Total    71,551                












Appraisal of the Telecom Infrastructure Assets for Additional Investment No. 1
Company    Type
    Appraised Value
(THB million)    Appraiser    Valuation Date    Valuation Period    Appraisal Method
Telecom Infrastructure Assets for Additional
Investment No. 1    15,797 - 18,832    Capital Plus Advisory Company Limited    January 
26, 2015    April 1, 2015 - December 31, 2046 with terminal value    Income Approach
according to the Fund's structure
    16,903 - 18,112    Silom Advisory Company Limited            

**The valuation will be conducted once a year, in case that there is no event 
that has a material impact towards the Fund's assets.
*** Investors may request for more details of the appraisal reports at the 
Management Company.

Please be informed accordingly.

Yours faithfully,
TRUE Telecommunications Growth Infrastructure Fund
By SCB Asset Management Company Limited


(Ms. Pijittra Trirattanathada)
Senior Vice President, Property and Infrastructure Investment Group
______________________________________________________________________
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.