Siri Prime Office Property Fund Announces Dividend for the Fourth Quarter Ended December 31, 2014, Payable on February 20, 2015
January 21, 2015 at 02:01 pm EST
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SCB Asset Management Co. Ltd., the Management Company of Siri Prime Office Property Fund (SIRIP) announced the dividend payment of THB 0.1500 per unit, the payment date will be on February 20, 2015. The Fund will determine the right of unitholders who are entitled to receiving dividend by closing the investment unit registered book to suspend the transfers of investment units on February 4, 2015.
Siri Prime Office Property Fund is a Thailand-based 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 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, with the aim of generating income and returns to the Fund and its unitholders, and invest in other properties and/or securities and/or seeking interest in any other means as prescribed by securities law and/or other relevant laws. The Fund's objective is to make an initial investment in the Siripinyo Building, which is an office building for rent. SCB Asset Management Company Limited acts as the Company's Fund Manager.