Company MFC Multi-National Residence Fund

Multi-National Residence Fund (the Fund) is a Thailand-based close-ended property fund with no maturity date. The Fund's objective is to use the proceeds from the sale of investment units to invest in property for private houses, apartments, serviced apartments, condominiums and other projects in Bangkok, Bangkok's boundary, and other provinces having a high potential economic growth rate, in order to generate rental income or other benefits. The Fund's has investments in land and building, including furniture and equipment and other assets, such as land with private houses located in the Palm Tree Place Project, the Privilege Laem Chabang Project, and Danicha Gardens Condominium Project. The Fund is managed by MFC Asset Management Public Company Limited that serves as the Fund's manager and the Fund registrar.