Erawan Hotel Growth Property Fund Stock

Erawan Hotel Growth Property Fund (the Fund) was formed for the purpose of the Fund is to raise funds from unitholders to invest in properties and utilize for commercial benefit with an indefinite term. The Fund operates in one reportable segment, being investment in properties and securities. The Fund has invested in two projects of properties which include IBIS Patong Hotel and IBIS Pattaya Hotel. The Fund’s management company is SCB Asset Management Company Limited (Management Company). The Siam Commercial Bank Public Company Limited acts as the Registrar, KASIKORNBANK Public Company Limited acts as the Mutual fund supervisor and Erawan Growth Management Company Limited acts as lessee of the Fund and engages ACCOR to act as the Property Manager.