09 Aug 2017 19:44:00
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 June 30th, 2017 as follows: REIT Total Assets Net Asset Value Net Asset Value per unit LH Hotel Leasehold Real Estate Investment Trust 8,404,808,741.35 6,562,614,012.11 12.1999 Project Grande Centre Point Hotel Terminal 21 Grande Centre Point Hotel Ratchadamri Characteristic Grande Centre Point Terminal 21 Project which comprises of 28 storeys - building and 2 basements, including car parking spaces in the building. Grande Centre Point Hotel Ratchadamri project, a 49-storey - building and one basements, including car parking spaces in the building. Location 2 Sukhumvit Soi 19 (Wattana), Sukhumvit Road, Klongtoey Nua, Wattana, Bangkok 10110, Thailand. 153/2 Soi Mahadlekluang 1, Ratchadamri Road, Khwaeng Lumpini, Khet Pathumwan, Bangkok Appraiser Value (latest) Appraiser Name TAP Valuation Co.,Ltd Grand Asset Advisory Co.,Ltd TAP Valuation Co.,Ltd Appraiser Date May, 15th 2017 August, 11th 2017 Appraised value by income approach method (Unit: Million THB) 4,120 3,534 3,580 Discount Rate 11.00% 11.00% Calculation Period approximately 23 years and 3 months approximately 21 years and 5 months 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.