10 สิงหาคม 2553
Clarification of the change in net assets in excess of 20%
NO.Jortor 11-530098 10
August 2010
Re: Clarification of the change in net assets resulting from operations in
excess of 20% in CPN Retail Growth Leasehold Property Fund (CPNRF)
To: The President
The Stock Exchange of Thailand
SCB Asset Management Co., Ltd., the management company of CPN Retail Growth
Leasehold Property Fund ("The Fund"), would like to clarify that the increase
in net assets from operations for the second quarter of 2010 (1 April to 30
June 2010) in excess of 20% comparing to the same period of 2009, Baht 166.84
million representing a 66.52% increase, was primarily a result of an investment
in leasehold of Central Plaza Pinklao Complex ,Central Pinklao Office Building
Tower A and Tower B the fund made invested on 4 November 2009.The
aforementioned investment has led to a significant increase in net investment
income for the fund since.
Please be informed accordingly.
Yours Faithfully,
CPN Retail Growth Leasehold Property Fund
By SCB Asset Management Company
(Mr.Poom Osatananda)
Executive Vice President, Investment Management Group
