Siri Prime Office Property Fund Announces Audited Financial Results for the Year Ended December 31, 2020
March 01, 2021 at 12:55 pm
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Siri Prime Office Property Fund announced audited financial results for the year ended December 31, 2020. Total income was THB 92,165,468 against THB 160,689,452 a year ago. Net investment income was THB 55,309,330 against THB 98,618,243 a year ago. Net decrease in net assets resulting from operations was THB 27,202,485 compared to increase of THB 92,209,415 a year ago. Loss per share was THB 0.16 against earnings per share of THB 0.5424 a year ago.
Siri Prime Office Property Fund is a Thailand-based is a closed-end property fund. The Fund is principally engaged in the rental of immovable properties. The Fund's objective is to raise funds from general investors, both individuals and juristic persons, locally and internationally whereby the proceeds from such fundraising are used to purchase, lease and/or sub-lease immovable properties. The Fund shall also improve, modify, construct and/or develop immovable properties by taking the transfer of a construction permit and/or applying for other permits and/or executing any transactions necessary and advisable for immovable properties. The Fund's objective is to make an initial investment in Siripinyo Building, which is an office building for rent. SCB Asset Management Company Limited acts as the Company's Fund Manager.
SIRI PRIME OFFICE PROPERTY FUND 
