Luxury Real Estate Investment Fund lists on Thai bourse

ข่าวเศรษฐกิจ Friday June 6, 2008 09:39 —PRESS RELEASE LOCAL

Bangkok--6 Jun--ตลท. Luxury Real Estate Investment Fund’s securities will commence trading in the Property Development Sector of the Property and Construction Group of The Stock Exchange of Thailand (SET) on June 9, using “LUXF” as their trading symbol, SET Executive Vice President Vichate Tantiwanich said. The fund has a total value of THB 1,965 million consisting of 196.5 million investment unit trusts, with a par value of THB 10 each. At its initial public offering (IPO) during May 7 - 15, LUXF offered all investment units to the general public at THB 10 each. The firm is a non-redeemable and specific property fund and its initial investment will be to purchase a property owned by Pakoh Hotel Co., Ltd., which it is currently operating as Six Senses Hideaway Yao Noi, a high-end tourist resort in Phang Nga Province. LUXF’s major shareholders are Pakoh Hotel Co., Ltd. and Mr. Thana Jitmakusol, who hold stakes of 19.99 % and 10.18%, respectively. The company’s policy is to pay no more than two dividends annually, totaling at least 90% of the year’s net profit or retained earnings. LUXF’s prospectus is available at TMB Asset Management Co., Ltd. at www.tmbam.co.th and the Securities and Exchange Commission’s website at www.sec.or.th. General corporate information on the fund is available on SET’s website at www.set.or.th or Settrade.com at www.settrade.com. For more information, please contact the Corporate Communications Dept.: Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037 / Watsamon Saowakhonsathien Tel: 0-2229-2797

แท็ก thailand   settrade   Bangkok   TOT   tat  

เว็บไซต์นี้มีการใช้งานคุกกี้ ศึกษารายละเอียดเพิ่มเติมได้ที่ นโยบายความเป็นส่วนตัว และ ข้อตกลงการใช้บริการ รับทราบ