Thailand Future Fund Reports Audited Earnings Results for the Year Ended September 30, 2020
November 20, 2020 at 11:06 am IST
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Thailand Future Fund reported audited earnings results for the year ended September 30, 2020. For the period, the company reported profit attributable to equity holders of the Company of THB 1,266,534,000 or THB 0.2771 per share against THB 10,054,220,000 or THB 2.20 per share a year ago.
Thailand Future Fund (the Fund) is a Thailand-based closed-end non-redeemable mutual fund. The Fund's objective is to use the proceeds from the offering of investment units to invest in infrastructure assets of the government sector that has the potential to generate income for the Fund. The Fund may also engage in activities within the scope allowed under Securities and Exchange Commission, Thailand (SEC) regulations and other relevant regulations, with a view to generating income and returns for the Fund and the unitholders. This may include investment in other securities and/or deriving benefits from other means as prescribed by securities laws and/or other relevant laws. The Fund is jointly managed by Krungthai Asset Management Public Company Limited (KTAM) and MFC Asset Management Public Company Limited (MFC) (together the Management Companies) and its fund supervisor is Kasikornbank Public Company Limited.