The Appraiser utilized Income Approach Method in assessing the Assets. The Appraiser used projected rental revenue deducting projected operating expenses over the Amended and Restated Main Lease Agreement and the Amended and Restated Rental Assurance Agreement term (from July 1, 2022 to January 29, 2032) and calculated the value of assets by discounting to present value at the discount rate of 6.93% p.a.
The appraiser calculated the terminal value of the Assets based on useful life Assumption at the discount rate of 7.93% p.a. Investors may request for more details of the appraisal report at the Management Company.
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Jasmine Broadband Internet Infrastructure Fund published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 13:35:04 UTC.
3BB Internet Infrastructure Fund is a Thailand-based infrastructure fund. It is a type of mutual fund established to mobilize funds from general and institutional investors for investment in Thailandâs infrastructure projects beneficial to the general people. It will invest in optical fiber cables (OFCs) developed and managed by Triple T Broadband PLC (TTTBB), a subsidiary company of Advanced Wireless Network Co., Ltd. (AWN). The OFC network is a part of the telecommunication network, which is capable of delivering triple-play services on demand (such as the provision of broadband Internet, voice over Internet protocol (VoIP), and Internet protocol television (IPTV) over a single broadband connection) and plays a role in the economic and social development of Thailand. BBL Asset Management Company Limited is an investment management company.