News Detail

Date/Time
12 Jan 2021 18:23:00
Headline
The 16th Notification for the Sale of Immovable property of Multi-National Residence Fund (MNRF)
Symbol
MNRF
Source
MNRF
Full Detailed News
Download Full Detailed News
                Acquisition or disposition of assets


        January 8, 2021
To    The President
The Stock Exchange of Thailand
No. KorTorRor. SorOrSor. 1/2021 Re: The 16th Notification for the Sale of 
Immovable property of Multi-National Residence Fund (MNRF)
MFC Asset Management Public Company Limited, as the Management Company of 
Multi-National Residence Fund ("the Fund"), would like to notify the summary of
the sale of immovable property, details as follow:
-    Completion of transaction Date :
December 25, 2020
-    Buyer :
Unit number    Buyer
39/803    Ms.Gidarnart  Chongprawatsakul
-    Details of asset sold :
Land title deed number 68239 with two-story house number 39/803, located in the 
Nichada Thani Compound
-    Location :
Palm tree Place, Soi Nichada Thani, Samakee Road, Pakkret, Nonthaburi 11120
-    Land Area :
According to the title deed number 68239, total Land area of - Rai 1 Ngan 55.60 
Sq.Wha
-    Transaction Description :
Disposal of asset by which the total value of transaction is 2.0400 % of the net
 asset value, calculated from the financial statement as of September 30, 2020
-    Disposition Price :
Baht 22,300,000 being already paid
-    Value of assets :
            Purchase Price:
Unit number    Purchase Price
(Investment Price)    Acquisition date
39/803    18,849,976.16    May 13, 2008
            - House number 39/803 invested on May 13, 2008 with the value of Baht 
18,849,976.16
-    Book value: Appraisal value by K.T. Appraisal Company Limited as October 1, 
2020
Unit Number    Appraisal value as of October 1, 2020 (Baht)
39/803    20,410,000.00
    Appraisal Values by 2 independent appraisers (based on income approach) :
           1) Baht 20,410,000 by K.T. Appraisal Company Limited   (valued on October 
1, 2020)
           2)  Baht 19,300,000 by Assetasia Company Limited   (valued on December  17,
 2020)
-    Criteria to determine the value of transaction :
The value of transaction is determined by purchase price, and appraisal value
-    Benefits from asset disposal :
Realize gain from property appreciation
-    Plan to use the proceeds :
The Fund will proceed for capital reduction to unitholders at appropriate time.
-    Approval of transaction :
Approved by the Property Investment Committee of Management Company



Please be informed accordingly.
Sincerely yours,


(Miss Natree Panassutrakorn)
Executive Vice President                         




REIT, Property and Infrastructure Fund Department
Tel: 02-649-2000
______________________________________________________________________
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.