25 มีนาคม 2557

Fund's increasing capital Subject : Fund's increasing capital Date announced (Update) : 25-Mar-2014 Allocated to : - Unitholders Number of additional investment units : 576,150,000 (units) (Update) Ratio (Old : New) (Update) : 1 : 0.3521 Subscription price (baht per unit) (New) : 14.80 to 15.20 Expected Date to be announced final : 08-Apr-2014 subscription price (New) Book-closing date for the right to : 21-Nov-2013 subscribe additional investment units Ex-rights date (XR) : 18-Nov-2013 Remark (Update) : The Meeting of Unitholders of the CPN Retail Growth Leasehold Property Fund (CPNRF) (the "Fund") No. 1/2013 held on 24 July 2013 has passed the resolution to approve the capital increase of the Fund in the amount of not exceeding Baht 12,600,000,000 through the issuance and offer for sale of not exceeding 800,000,000 additional investment units for the investment in the additional real properties of Central Plaza Chiangmai Airport Project. The Meeting has also authorized SCB Asset Management Company Limited (the "Management Company") to have the power to determine the amount of the capital to be increased, the number and the price of the additional investment units to be offered for sale, details of loan (if any) and details of the real properties, as well as the appropriate price of investment in the additional real properties, including the power to arrange for an approval of the capital increase and the amendments to the Fund Management Project in the issues relating thereto from the Office of the Securities and Exchange Commission (the "Office of the SEC") which was approved by the Office of the SEC on 24 March 2014. Initially, the Management Company had announced the subscription period of the additional investment units, the subscription ratio and the offering price range which have been adjusted as a result of the political unrest and offences in Thailand which cause the uncertainty of overall market condition. In this regard, the Investment Committee of the Fund has evaluated the situation and is of the opinion that at present, the market condition has regained stability even though the political unrest and offences are still ongoing. Therefore, the Investment Committee of the Fund deemed it appropriate to determine the subscription period of the additional investment units including all relevant information in relation to the offer and subscription of the additional investment units at this time, with the details as follows; 1. Subscription period of the additional investment units 1.1 For existing unitholders who are retail investors Subscription period during 1 - 4 April 2014 1.2 For existing Unitholders who are special subscribers, owners of the real properties, the same group of such persons and persons who are qualified under the private placement Subscription period during 8 - 10 April 2014 2. As the market condition and the market price of the additional investment units have been substantially affected by the political instability during the past period, the Management Company deemed it appropriate to make the following adjustments: 2.1 Adjustment of the offering price range, maximum offering price and final offering price of the additional investment units The offering price range had previously been determined at the range of Baht 15.50-16.00 per unit and the maximum offering price which shall be paid by the unitholders at Baht 16.00 per unit. In this regard, the offering price range will be adjusted to Baht 14.80 - 15.20 per unit and the maximum offering price which shall be paid by the existing unitholders at Baht 15.20 per unit. The final offering price will not differ for more than approximately 8 percent (?8 percent) from the preliminary offering price previously notified by the Management Company. The Investment Committee shall make an announcement of the final offering price on 8 April 2014 through the websites of the Stock Exchange of Thailand and the Management Company. 3. Adjustment of the subscription ratio (4 decimal places) for the subscription of the additional investment units The subscription ratio which had previously been announced at the ratio of 1 existing investment unit per 0.3385 additional investment unit will be adjusted to the ratio of 1 existing investment unit per 0.3521 additional investment unit. 4. Adjustment of the total number of the additional investment units to be issued and offered for subscription The number of the additional investment units will be adjusted from the number of 553,950,000 units to the number of 576,150,000 units. Details of Adjustments Information prior to adjustments Adjusted Information Offering Price Range (Baht/Unit) 15.50 - 16.00 14.80 - 15.20 Maximum Offering Price (Baht/Unit) 16.00 15.20 Subscription Ratio per 1 existing investment unit 0.3385 0.3521 Total number of the additional investment units to be issued and offered for subscription (Units) 553,950,000 576,150,000 In this regard, the Management Company shall deliver the notification letters in relation to the rights of the unitholders to subscribe for the additional investment units of the Fund to unitholders at the address provided to the Management Company and unitholders can examine their subscription rights via www.scbam.com from 26 March 2014 onwards and can make additional inquiries through the Customer Relations Division of the Management Company at telephone no. 0-2777-7777 press 0 and, then, press 6, during 8.30 - 17.00 hrs. of every business day. The Management Company shall allocate additional investment units to the private placement in the case that the allotment ratio according to the entitlement of the existing unitholders results in any of the existing unitholders having the rights to subscribe a fraction of an investment unit that cannot be allotted as a full investment unit, such fraction of the investment unit shall be rounded down to the nearest full number. The Management Company shall then combine the remaining investment units from such allotment with the investment units which are not subscribed due to the existing unitholders having waived their rights, or having not made a timely subscription, or having not made a full subscription, or for any reason whatsoever, and offer them for sale by an allotment to the existing unitholders wishing to subscribe the additional investment units in excess of their rights and/or to specific investors (Private Placement) who are qualified as special subscribers under the relevant notifications of the Office of the Securities and Exchange Commission according to the method as the Management Company deems appropriate. ______________________________________________________________________ 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.