SHARE

16 December 2019

Re:    Cancellation of Subscription Orders, Planning Orders, Advanced Orders and Switching Orders of of Long Term Equity Funds (LTFs) will no longer be available.

          Since Long Term Equity Funds (LTFs) will no longer be tax beneficial starting from January 1st, 2020 onwards, SCB Asset Management Co., Ltd. (SCBAM) would like to notify that the following transactions of LTFs will not be available from January 1st, 2020 onwards until further notice:

1. Subscription Orders

2. Planning Orders

3. Advanced Orders

4. Switching in orders from non-LTF funds

          However, switching orders among LTFs both under SCBAM and other asset management will not be affected.
Kindly note that any outstanding Planning Orders and Advanced Orders for LTFs will be automatically canceled on January 1st, 2020.

          For more information, please do not hesitate to contact our customer services at 0-2777-7777, press 0 and then 6 on business days from 08.30 to 17.00 or visit our website at www.scbam.com.

Announced on 16 December 2019
SCB Asset Management Company Limited