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Postponement Book Closing Date CPNRF (XR)
No. Jortor 11/200920
24 September 2009
Re: Notification of the Postponement Book Closing Date CPNRF
To: The President
The Stock Exchange of Thailand
Refer to letter number Jortor 2009017 as of 17 September 2009 that the
CPN Retail Growth Leasehold Property Fund (CPNRF) (the "Fund") by SCB Asset
Management Company Limited (the "Management Company") has specified the
closing date of the register book to suspend the transfer of the Investment
Units for determining the existing Unitholders' entitlement to subscribe for
the additional Investment Units to be issued and offered for sale on 1 October
2009.
By this letter, the Management Company wishes to further inform CPNRF's
unitholders that the Management Company is now on the process of seeking
approval from the Securities and Exchange Commission (the "Office of the SEC")
for the capital increase of the Fund. Therefore, the Management Company deems
appropriate to reschedule the closing date of the unitholders' register book
to suspend the transfer of the Investment Units for determining the existing
Unitholders' entitlement to subscribe for the additional Investment Units to
be issued and offered for sale from 1 October 2009 to be on 6 October
2009. In this regard, the ratio for Unitholders to subscribe for the
additional Investment Units remains unchanged at the ratio of 1 existing
Investment Unit to 0.25 additional Investment Unit at the price which will be
determined based on intraday Volumn Weighted Average Price(VWAP) of Investment
Units of the Fund during the period of 20 business days (between 2 September
2009 - 29 September 2009) prior to the date on which the final offering price
is determined. The final offering price is subject to bookbuilding result,
whereby the Management Company will further notify the Unitholders of such
final offering price on 30 September 2009.
Please be informed accordingly.
Yours faithfully,
CPN Retail Growth Leasehold Property Fund
By SCB Asset Management Company
Mr.Sakda Manavapat
EXECUTIVE VICE PRESIDENT FUND OPERATION GROUP