15 Feb 2016 19:58:00
Details of LH Hotel Leasehold Real Estate Investment Trust
Land and Houses Fund Management Co.,Ltd on behalf of REIT Manager of LH Hotel Leasehold Real Estate Investment Trust ("REIT") would like to address the asset details of the REIT as of December 30, 2015 as follows: Fund Total Assets Net Asset Value Net Asset Value per unit LH Hotel Leasehold Real Estate Investment Trust 4,060,854,830.54 3,155,047,599.81 10.0586 - Project Grande Centre Point Terminal 21 - Type of Property Grande Centre Point Terminal 21 Project which comprises of 28 storeys - building and 2 basements, including car parking spaces in the building. - Location No.2 Sukhumvit Soi 19 (Wattana), North Klongteoy sub-district, Wattana district, Bangkok - Appraised Value 1. Appraiser : TAP Valuation Co.,Ltd. (June 23, 2015 ) ? Appraised value by Income - approach method ? Calculation - Period Baht 3,850 millions Leasehold (Approximately 25 years and Discount rate 11.0%) 2. Appraiser : Grand Asset Advisory Co.,Ltd. (June 24, 2015 ) ? Appraised value by Income - approach method ? Calculation - Period Baht 3,800 millions Leasehold (Approximately 25 years and Discount rate 11.0%) Please be informed accordingly. ______________________________________________________________________ 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.