News Detail

Date/Time
12 May 2017 18:10:00
Headline
Details of assets of ERWPF
Symbol
ERWPF
Source
ERWPF
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                Jortor 11-600145                                      May 12, 2017

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
March 31, 2017 as follows:
Fund    Total Asset
(THB)    Net Asset Value
(THB)    Net Asset Value per unit (THB)
Erawan Hotel Growth Property Fund    1,756,686,692.46    1,756,033,835.79    9.9718

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    814,000,000 Baht    914,000,000 Baht
Valuation Date    1 January 2017
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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