Policy

The Fund shall invest in the immovable properties which may generate income and/or invest in other securities or assets or seek gains by other means for the benefit of managing the Fund’s assets. In this regard, the Fund’s objective is to make an initial investment in Siripinyo Building Project which is an office building for rent. In such investment, the Fund will accept the transfer of ownership of land, buildings, utilities systems and other movable properties in connection with the operation of Siripinyo Building Project from Papanan Limited (“Papanan”), a subsidiary of which Sansiri Public Company Limited (“Sansiri”) holds 99.99 percent of the total issued shares. Papanan is the owner of land, building, utilities systems and movable properties in which are related to operation of Siripinyo Building Project prior to the date on which the Fund makes investment.

Fund Type

Property Funds/Infrastructure Funds

Sub Type of Fund

Property Fund

Registered Fund Capital

1,700 Million Baht

Fund Registration Date

28 Mar 2014

Maturity Date

N/A