31 Jan 2017 17:21:00
Details of Properties and Valuation
Multi-National Residence Fund Details of Properties and its Revaluation 1. Appraiser: CPM Capital Co.,Ltd. 2. Revaluation Date: 9th December 2016 3. Location: 3.1 Palmtree Place Project and Nichada Garden Condominium Project are located in the Nichada Thani Project , Soi Samakee 29, Samakee Road, Tambon Bangtalad, Amphor Pakkret, Nonthaburi 3.2 The Privilege Leam Chabang are located on Yuttasart-Nongkwa Tambon Bung, Amphur Sriracha, Chonburi Province 4. Details of Properties : 1. Palm Tree Place Projects Type 2-storey single house Number of 30 Units Appraisal Value (Baht) 489,700,000 2. Danicha Garden Condominium Projects Type 7-storey apartment Number of 48 Units Appraisal Value (Baht) 269,000,000 3. Nichada at Eastern Seaboard Projects Type 2-storey single house Number of 35 Units Appraisal Value (Baht) 341,500,000 5. Method of valuation: The appraiser has applied the income method which derived from lease agreements of the fund and estimation of the net income generated from the subject properties. Under this valuation the appraiser applied ten-year discounted cash flow projection plus its terminal value to indicate the property value. 6. Investors may request for more details of the appraisal report at the Management Company. ______________________________________________________________________ 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.