Land and Houses Freehold and Leasehold Property Fund Stock

Land and Houses Freehold and Leasehold Property Fund (the Fund) is a Thailand-based closed-end specific property fund. The Fund is principally engaged in the rental of immovable properties. Its objective is to raise funds from the general investors for utilizing the proceeds to purchase and/or lease immovable properties and/or accept the transfer of leasehold rights to immovable properties and/or the transfer of sub-leasehold rights to immovable properties, and to seek benefit from such immovable properties, whether in the form of granting of leases, sub-leases and/or any other form for the benefit of the properties invested in or possessed by the Fund. It improves, changes, develops and/or disposes of the properties for the purpose of generating income and returns for the Fund and the unitholders, including investment in other properties and/or other securities and/or seeking other gains by any other means. The Fund is managed by Land and Houses Fund Management Company Limited.