11 Feb 2019 17:19:00
Details of Quality Houses Hotel and Residence Freehold and Leasehold Property Fund Assets
In order to comply with SEC regulation: sor nor 25/2552 announced on 28 July 2009, Land and Houses Fund Management Co.,Ltd. as the management company of Quality Houses Hotel and Residence Freehold and Leasehold Property Fund ("the Fund") would like to address the details of assets as of Dec 31st, 2018 as follows: Fund Total Assets (Baht) Net Asset Value (Baht) Net Asset Value per unit (Baht per unit) Quality Houses Hotel and Residence Freehold and Leasehold Property Fund 4,689,768,636.75 4,685,517,552.68 13.9449 Project Centre Point Hotel Pratunam Centre Point Hotel Sukhumvit 10 Centre Point Hotel Chidlom Characteristic Freehold rights to the land, 28-story hotel building and 5-storay commercial building. Freehold rights to the land, 28-storay hotel building and two 5-storay service apartment buildings. Leasehold rights to the land and 24-storay hotel building. Location 6 Petchburi Road, Khwaeng Thanon Phayathai, Khet Ratchathewi, Bangkok 39 Sukhumvit Soi 10, Khwaeng Khlong Toei, Khet Khlong Toei, Bangkok 60 Langsuan Road, Khwaeng Lumpini, Khet Pathum Wan, Bangkok Appraiser South East Asia International Co., Ltd Appraisal Date November 30th, 2018 November 30th, 2018 November 30th, 2018 Appraised value by income approach method Baht 2,027.0 million Baht 1,962.7 million Baht 560.8 million Calculation Period Freehold Discount rate 9% Freehold Discount rate 9% Leasehold (Approximately 7 years 6 months) Discount rate 10% 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.