Erawan Hotel Growth Property Fund: The 17th capital reduction of the share capital of Erawan Hotel Growth Property Fund (ERWPF)







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March 28, 2022 8:20:32 PM

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The 17th capital reduction of the registered capital of Erawan Hotel Growth Property Fund (ERWPF)

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                JorTor 11-650074.1
    28 March 2022
To:    The President
         The Stock Exchange of Thailand
Re:    The 17th capital reduction of the registered capital of Erawan Hotel Growth 
Property Fund (ERWPF)
SCB Asset Management Co., Ltd., the asset management company ("the Management 
Company") of Erawan Hotel Growth Property Fund ("ERWPF" or "the Fund"), had sent
a registered capital reduction request for ERWPF to the Securities and Exchange
Commission ("SEC") in order to decrease the registered capital of the Fund by
29,496,750 baht which equals to 0.1675 baht per unit. The registered capital of
the Fund after the capital reduction will be 1,471,473,990 baht and the par
value will be 8.3559 baht per unit.
The Management Company would like to announce that the SEC has approved the 
capital reduction
per request above on 22 March 2022 as stated in the SEC's letter, JorTor-3. 
96/2565, Re: The 17th capital reduction of the registered capital of ERWPF.
Unitholders can make additional inquires through the Customer Service Division
of the Management Company at 0 2777 7777 press 0 and then 6, during 8.30 - 17.00
 hrs.
of every business day.
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.

           

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Erawan Hotel Growth Real Estate Fund published this content on March 28, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on March 28, 2022 1:50:06 PM UTC.

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All news about ERAWAN HOTEL GROWTH PROPERTY FUND

Sales 2021 72.6 million
2.16M
2.16M
Net income 2021 47.4 million
1.41M
1.41M
Net cash 2021 36.8 million
1.09M
1.09M
PER 2021 ratio 16.1x
2021 performance
Capitalization 761 million
22.6 million
22.6 million
EV / Sales 2020 10.0x
EV / Sales 2021 10.0x
# of employees
Floating 42.3%

Chart ERAWAN HOTEL GROWTH PROPERTY FUND


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