Siri Prime Office Property Fund Announces Dividend for the First Quarter of 2020, Payable on June 1, 2020
April 30, 2020 at 05:18 pm IST
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Siri Prime Office Property Fund announced that the dividend payment from retained earnings would be at the rate of THB 0.1400 per unit, and the payment date will be on June 1, 2020. The Fund will determine the right of unitholders who are entitled to receiving dividend by closing the investment unit register book to suspend the transfers of investment units on May 14, 2020.
Siri Prime Office Property Fund is a Thailand-based is a closed-end property fund. The Fund is principally engaged in the rental of immovable properties. The Fund's objective is to raise funds from general investors, both individuals and juristic persons, locally and internationally whereby the proceeds from such fundraising are used to purchase, lease and/or sub-lease immovable properties. The Fund shall also improve, modify, construct and/or develop immovable properties by taking the transfer of a construction permit and/or applying for other permits and/or executing any transactions necessary and advisable for immovable properties. The Fund's objective is to make an initial investment in Siripinyo Building, which is an office building for rent. SCB Asset Management Company Limited acts as the Company's Fund Manager.