News Detail

Date/Time
11 Nov 2016 18:19:00
Headline
Details of Assets of ERWPF
Symbol
ERWPF
Source
ERWPF
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                Jortor 11-590407                                      November 11, 2016

To:     The President
        The Stock Exchange of Thailand

Re:     Details of Assets

SCB Asset Management Co., Ltd., the Management Company of Erawan Hotel Growth 
Property Fund ("the Fund") would like to notify the details of assets as of
September 30, 2016 as follows:
Fund    Total Asset
(THB)    Net Asset Value
(THB)    Net Asset Value per unit (THB)
Erawan Hotel Growth Property Fund    1,843,156,659.15    1,842,538,515.39    10.4630

Project    ibis Pattaya Hotel    ibis Patong Hotel
Type    Ownership in the properties of both hotels. Such properties consist of land
with construction, buildings, public utility system in relation to the hotel
business and furniture, fixtures and fittings and equipment
Location    No. 463/79 Pattaya Sai 2 Road, Nong Prue Sub-District, Banglamung 
District, Chonburi province 20150    No.10 Chalerm Prakiet Road, Patong
Sub-District, Krathu District, Phuket province
83120
Appraiser    TAP Valuation Co. Ltd.
Reviewed Appraised Value    873,000,000 Bath    918,000,000 Bath
Valuation Date    1 July 2016
Calculation Period    The Fund invested in freehold assets with indefinite term
Appraisal Method    Income Approach according to the Fund's structure
*** Investors may request for more details of the reviewed appraisal reports at 
the Management Company.

Please be informed accordingly.

Yours faithfully,
Erawan Hotel Growth Property Fund
By SCB Asset Management Company Limited



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