News Detail

Date/Time
24 Sep 2019 12:37:00
Headline
Notification of resolutions of the Investment Committee's Meeting of the date for Extraordinary General Meeting of Unitholders No. 1/2019 in the Additional Assets and Capital Increase (Revised)
Symbol
LHHOTEL
Source
LHHOTEL
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                Schedule of investment unitholders' meeting/trust unitholders' meeting

Subject                                  : Schedule of trust unitholders' 
meeting
Date announced                           : 23-Sep-2019
Meeting date of unitholders              : 05-Nov-2019
Beginning time of meeting (h:mm)         : 10 : 00
Record date for the right to attend the  : 08-Oct-2019
meeting
Ex-meeting date                          : 07-Oct-2019
Significant agenda item                  :
  - Connected Transaction
  - Capital Increase
  - Acquisition or Disposition of Assets
Venue of the meeting                     : at the Grand Ballroom, Floor C of 
Grande Centre Point Hotel Terminal 21, located at No. 2, Sukhumvit 19 (Wattana),
 Klongtoey Nua, Wattana, Bangkok
______________________________________________________________________

Acquisition or disposition of assets

- Acquisition of Asset Transaction: After calculation of all acquisition 
transactions, the value of 50.92 % which will exceed 30 percent of the total
assets value of LHHOTEL (as of 30 June 2019 equivalent to Baht 8,445,118,982)
and the value of 63.00% which will exceed 3 percent of the net asset value of
LHHOTEL (as of 30 June 2019 equivalent to Baht 6,825,495,544)
- Disposition of Asset Transaction : After calculation of all disposition 
transaction, the value of 72.41% which will exceed 30 percent of the total
assets value of LHHOTEL (as of 30 June 2019 equivalent to Baht 8,445,118,982)
and the value of 89.59% which will exceed 3 percent of the net asset value of
LHHOTEL (as 30 June 2019 equivalent to Baht 6,825,495,544).
______________________________________________________________________

Capital increase

Subject                                  : Capital increase
Date announced                           : 23-Sep-2019
Allocated to (Update)                    : - Unitholders
Number of additional units (units) (New) : 330,000,000
Remark (New)                             :
- Part 1    To allot the Additional Trust Units in the number of not less than 50 
percent of the total Additional Trust Units to the existing unitholders whose
names appear in the trust unit register book proportionately to their
unitholding.
- Part 2    To allot the Additional Trust Units remaining after the allotment in 
Part 1 above to the following specific investor, namely Land and Houses Public
Company Limited (which is a major shareholder of the sponsor), and/or affiliates
of Land and Houses Public Company Limited and/or the same group of persons in
the number of not more than 15 percent of the Additional Trust Units.
- Part 3    To allot the Additional Trust Units remaining after the allotment in 
Part 1 and/or Part 2 above (1) under the private placement basis and /or (2) to
the public.
- The offering price based on the results from the book building process.
- The Record Date will be determined after the Office of the SEC has approved 
the registration statement for Additional Trust Units.
______________________________________________________________________

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