MFC Multi National Residence Fund : Amendments of the Fund Scheme of Multi-National Residence Fund (MNRF)
March 08, 2022 at 06:53 am EST
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Date/Time
08 Mar 2022 18:16:57
Headline
Amendments of the Fund Scheme of Multi-National Residence Fund (MNRF)
Symbol
MNRF
Source
MNRF
Full Detailed News
8 March 2022
To President
The Stock Exchange of Thailand
No. Kor Tor Ror. 102/2565 Re: Amendments of the Fund Scheme of Multi-National
Residence Fund (MNRF)
MFC Asset Management Public Company Limited ("the Company") would like to inform
the amendment of the Multi-National Residence Fund (MNRF) fund scheme, in order
to comply with the Notification announced by the Capital Market Supervisory
Board No. Tor Jor 20/2561, No. Tor Nor 36/2562, No. Tor Jor 17/2564, No. Tor Nor
16/2564 and No. Tor Nor 37/2564. The Company has already received a letter of
opinion on the amendment of the fund scheme from the trustee. The major topics
of the amendment can be summarized as follows: investment criteria; rules,
policy, and procedures for dividend pay-out to unitholders; rules and
restrictions of unitholding; rights, duties and responsibilities of the asset
management company; rights, duties and responsibilities of the trustee; fees and
expenses charged to the fund; calculation method, schedule of calculation and
announcement of asset value, net asset value and net asset value per unit;
report submission to the Office of the SEC and unitholders; and amendment and
amendments of the fund scheme or managerial methods. The above amendments shall
take effect from 1 April 2022 onwards.
For more information, please visit MFC Website (www.mfcfund.com) or contact the
MFC Contact Center tel. 0-2649-2000 ext. 0 every business day from 08.30 to
17.00 hours.
For your acknownledgement,
Yours faithfully,
(Ms.Natree Panassutrakorn)
Executive Vice President
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only. The Stock Exchange of Thailand has no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases. In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.
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Multi-National Residence Fund published this content on 08 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2022 11:52:10 UTC.
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.
MFC MULTI-NATIONAL RESIDENCE FUND 