Prime Office Leasehold Property Fund Announces Dividend for the Period from October 1, 2018 to December 31, 2018, Payable on March 1, 2019
January 30, 2019 at 12:39 pm
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SCB Asset Management Co. Ltd. announced that the dividend payment of Prime Office Leasehold Property Fund (POPF) for the operation period from October 1, 2018 to December 31, 2018 and retained earnings would be at the rate of THB 0.2843 per unit, and the payment date will be on March 1, 2019. The Fund will determine the right of unitholders who are entitled to receiving dividend by closing the investment unit register book to suspend the transfers of investment units on February 14, 2019.
Prime Office Leasehold Property Fund (the Fund) is a Thailand-based closed-end property fund. The purpose of the Fund is to raise funds from unitholders to invest in properties and leasehold rights and utilize for commercial benefit with an indefinite expiration date. The Fund has invested in three properties projects, which are Ploenchit Center Building, UBC II Building (United Business Center II) and Bangna Tower Project. The Fundâs management company is SCB Asset Management Company Limited. Its mutual fund supervisor is KASIKORNBANK Public Company Limited and The Siam Commercial Bank Public Company Limited acts as the registrar. Its property managers include Erawan Commercial Management Company Limited, Bhiraj Management Company Limited and Teo Hong Silom Company Limited.