News Detail

Date/Time
21 Dec 2015 08:30:00
Headline
SET adds new listed securities "LHHOTEL" to be traded on 22 December 2015
Symbol
LHHOTEL
Source
SET
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                Listing

Listing                                  : REIT
REIT's name                              : LH HOTEL LEASEHOLD REAL ESTATE 
INVESTMENT TRUST (LHHOTEL)
Symbol                                   : LHHOTEL
Sector                                   : Property Fund & REITs
Industry                                 : Property & Construction
Secondary market                         : SET
Trading date                             : 22-Dec-2015
Number of investment units (Units)       : 313,664,900
Par value (baht per unit)                : 10.00
Offering price (baht per unit)           : 10.00
Project summary                          : LHHOTEL invested in immovable 
properties leasehold right and movable properties ownership of the Grande Centre
Point Hotel Terminal 21 from L&H Property Company Limited at the period of 25
years ending in August 31, 2040. The total gross floor area is 47,298 square
meters consisted of leasable area 21,090 square meters. Such immovable and
movable properties were leased and subleased to L&H Hotel Management Company
Limited (LHH) at the period of 3 years with the renewal condition for 2 times
and could not exceed 3 years for each renewal. Moreover, LHH appointed Pacific
Real Estate Company Limited to be the hotel manager.
REIT manager                             : Land and Houses Fund Management 
Company Limited
Trustee                                  : SCB Asset Management Co.,Ltd.
Remark                                   :
IPO subscription period: 27 November - 3 December 2015
Institutional investors and shareholders of property owners and affiliated 
companies of shareholders of property owner subscription period: 4 and 8 - 9
December 2015.
Please see the Information Memorandum of LHHOTEL through PDF file.
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