News Detail

Date/Time
15 May 2020 22:12:00
Headline
Notify the details of assets as of 31 March 2020
Symbol
ERWPF
Source
ERWPF
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                Jortor 11- 630136                                  15 May 2020

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 31
March 2020 as follows:
Fund    Total Asset
(THB)    Net Asset Value
(THB)    Net Asset Value per unit (THB)
Erawan Hotel Growth Property Fund    1,472,029,061.84    1,469,523,267.00    8.3400

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    Preferred Appraisal Co. Ltd.
Appraised Value    623,000,000 Baht    829,000,000 Baht
Valuation Date    31 December 2019
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



(Mrs. Tipaphan Puttarawigorm)
Executive Director
Property and Infrastructure Investment Group
______________________________________________________________________
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