News Detail

Date/Time
11 May 2018 17:39:00
Headline
Details of Asset
Symbol
DIF
Source
DIF
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                JorTor 11- 610103                                    May 11, 2018

To:     The President
The Stock Exchange of Thailand

Re:     Details of Asset

SCB Asset Management Co., Ltd., the Management Company of Digital 
Telecommunications Infrastructure Fund ("the Fund") would like to notify the
details of asset as of March 31, 2018 as follows:

Fund    Total Asset
(THB)    Net Asset Value
(THB)    Net Asset Value per unit (THB)
Digital Telecommunications Infrastructure 
Fund    121,028,218,172.12    91,689,933,346.11    15.7868

Appraisal of the Initial Assets and the Additional Investment No. 1
Company    Type
    Appraised Value
(THB million)    Appraiser    Valuation Date    Valuation Period    Appraisal Method
BFKT (Thailand) Limited ("BFKT")    The right to the net revenues from 
telecommunications towers    4,728    Silom Advisory Company Limited    March 31,
2018    April 1, 2018 - December 31, 2033 for towers and December 31, 2043 for FOC
and Transmission system and Upcountry broadband system  with terminal
value    Income Approach according to the Fund's structure
    The right to the net revenues from fiber optic cable transmission grid 
    21,716                
Asia Wireless Communication Company Limited ("AWC")    The right to the net 
revenues from telecommunications towers    14,761                
    The right to the net revenues from telecommunications towers                 
(the Additional Investment No. 1)    1,226                
    Long-term leasehold with a term of not exceeding 20 years of fiber optic cable 
(FOC), including call option of the FOC upon the expiration of the term of the
long-term leasehold
(the Additional Investment No. 1)    10,420                
True Corporate Public Company Limited ("TRUE")    The ownership of 6,000 
telecommunications towers and other related passive telecommunications
infrastructure for mobile telecommunications services     26,416                
True Internet Corporation Company Limited
("TICC")    The ownership of a core fiber optic cable grid and related transmission
 equipment and an upcountry broadband system    25,229                
Total    104,496    

Appraisal of the Telecom Infrastructure Assets for Additional Investment No. 2
Company    Type    Appraised Value
(THB million)    Appraiser    Valuation Date    Valuation Period    Appraisal Method
Asia Wireless Communication Company Limited ("AWC")    The right to the net 
revenues from telecommunications towers    
544    







Silom Advisory
Company Limited    







March 31, 2018    April 1, 2018 - December 31, 2033 for towers and December 31, 
2043 for FOC and Transmission system and Upcountry broadband system  with
terminal value    






Income Approach according to the Fund's structure
True Move H Universal Communication Company Limited ("TUC")    The ownership of 350
 telecommunications towers    
962                
    The ownership in fiber optic cables
currently used for provision of mobile services in provincial areas    
2,744                
True Move Company Limited
("TMV")    The ownership in core fiber optic cables currently used for provision of
 mobile and internet services in Bangkok Metropolitan Area and Vicinity    
5,411                
True Internet Corporation Company Limited ("TICC")    Long-term leasehold with a 
term of not exceeding 30 years of fiber optic cable (FTTx Access), including
call option of the FOC upon the expiration of the term of the long-term
leasehold    
3,625                

Total    
13,287    


**The valuation will be conducted once a year, in case that there is no event 
that has a material impact towards the Fund's assets.
*** Investors may request for more details of the appraisal reports at the 
Management Company.

Please be informed accordingly.

Yours faithfully,
Digital Telecommunications Infrastructure Fund
By SCB Asset Management Company Limited



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