News Detail

11 Feb 2021 18:23:00
Notify the details of assets as of 31 December 2020
Full Detailed News
Download Full Detailed News
                Jortor 11- 640029                                  11 February 2021

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
December 2020 as follows:
Fund    Total Asset
(THB)    Net Asset Value
(THB)    Net Asset Value per unit (THB)
Erawan Hotel Growth Property Fund    1,319,059,561.09    1,318,551,129.63    7.4875

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
Appraiser    Quality Appraisal Co. Ltd.
Appraised / Reviewed
Appraisal Value    581,000,000 Baht    712,000,000 Baht
Valuation / Revaluation Date    31 December 2020
Calculation Period    The Fund invested in freehold assets with indefinite term
Appraised / Reviewed
Appraisal Method    Income Approach according to the Fund's structure
*** Investors may request for more details of the appraised / 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
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.