06 May 2014
Notification of the effect of earthquake incident in Chiangmai to the asset under CPNRF
JorTor. 11/570202 May 6, 2014
Re: Notification of the effect of earthquake incident in Chiangmai to the asset
under CPN Retail Growth Leasehold Property Fund
To: The President
The Stock Exchange of Thailand
SCB Asset Management Company Limited (the "Management Company"), the Management
Company of CPN Retail Growth Leasehold Property Fund (the "Fund"), would like to
report the damage from earthquake incident in Chiangmai on May 5, 2014 to
CentralPlaza Chiangmai Airport Project (the "Project"), which was invested in by
the Fund since April 23, 2014. From preliminary inspection, only some cracks of
building wall are found which would not affect the structure of the buildings.
In this regard, the Project is now operating as usual.
The Fund will appoint the structural engineer to inspect the damages for long
term safety of the Project. However, in case the Project is damaged by such
earthquake, the Fund has insured its investments against damage from earthquake.
The actual coverage is subject to term& condition in insurance policy.
In any case, the Management Company will evaluate situation closely and further
notify the unithilders if there are any damage that affects to the asset of the
Fund
Please be informed accordingly.
Yours faithfully,
CPN Retail Growth Leasehold Property Fund
By SCB Asset Management Company Limited
(Mrs. Tipaphan Puttarawigorm)
Senior Vice President, Property and Infrastructure Fund 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.