Siri Prime Office Property Fund Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
November 13, 2014 at 01:40 pm
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Siri Prime Office Property Fund reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net profit of THB 37,097,000 or THB 0.2182 per share.
For the nine months, the company reported net profit of THB 85,803,000 or THB 0.5047 per share.
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.