09 Feb 2017 18:51:00
Details of LH hotel leasehold real estate investment trust
Land and Houses Fund Management Co.,Ltd. as the management company of LH Hotel Leasehold Real Estate Investment Trust ("LHHOTEL") would like to address the details of assets as of December 31th, 2016 as follows: REIT Total Assets Net Asset Value Net Asset Value per unit LH Hotel Leasehold Real Estate Investment Trust 4,016,737,629.35 3,326,498,440.84 10.6052 Project Grande Centre Point Hotel Terminal 21 Characteristic Grande Centre Point Terminal 21 Project which comprises of 28 storeys - building and 2 basements, including car parking spaces in the building. Location 2 Sukhumvit Soi 19 (Wattana), Sukhumvit Road, Klongtoey Nua, Wattana, Bangkok 10110, Thailand. Appraiser Grand Asset Advisory Co.,Ltd. ( June 27th, 2016 ) Appraised value by income approach method Baht 3,840 million Discount Rate 11% Calculation Period About 24 years 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.