C.P. Tower Growth Leasehold Property Fund Announces Dividend for the Period from January 1, 2021 to March 31, 2021, Payable on June 16, 2021
May 18, 2021 at 03:43 pm IST
Share
C.P. Tower Growth Leasehold Property Fund to pay the 28th dividend for operation period from January 1, 2021 to March 31, 2021 and retained earnings at the rate of THB 0.1495 per unit, payment date will be on June 16, 2021. The book closing date for this dividend payment will be on June 1, 2021.
C.P. Tower Growth Leasehold Property Fund (the Fund) is a Thailand-based specific closed-end property fund. The Fundâs objectives are to raise funds from general investors and to use the proceeds from such fundraising for the lease of and seeking benefit from those properties. The Fund will also improve, modify, develop and/or dispose of immovable properties the Fund invests in or acquires by way of letting, subletting and/or disposing of other processes, with the aim of generating income and returns for the Fund and its unitholders. This includes investment in other properties and/or securities and/or seeking interest in any other means. The one main reportable operating segment of the Fund is leases of property investments. Its investments in leasehold rights to properties include C.P. Tower 1 (Silom), C.P. Tower 2 (Fortune Town) and C.P. Tower 3 (Phayathai). The Fund is managed by Krung Thai Asset Management Public Company Limited (the Management Company).