Sign up | Log in



PR Today

Home >> Press Release

SET News 136/2013

Nov 13, 2013

Thai bourse lists Uniloft Property Fund on November 14

BANGKOK, November 13, 2013 – The Stock Exchange of Thailand (SET) will list Uniloft  Property Fund, managed by One Asset Management Limited, with a size of THB 515 million (approx. USD 16.35 million), on its main board on November 14, under the ticker symbol "UNIPF."

SET Senior Vice President Paveena Sriphothong said that UNIPF would list and sell on the main board in the Property Fund sector, Property and Construction industry. It sold 51.50 million units via an initial public offering (IPO) at THB 10 per unit, with a total worth of THB 515 million between 14 and 25 October.

UNIPF, a specific closed-end property fund, invested in the freehold rights in the Uniloft Salaya project, including land, three dormitory buildings, other buildings, and related infrastructure and necessary assets, owned by Bright Development Bangkok Co.,Ltd. (Bright). Property Perfect pcl (PF), holding a 100 percent stake in Bright, is the sole lessee and project manager. The project’s highlight is its location, which is situated near Mahidol University, Salaya campus, and its modern and outstanding building which is able to meet the needs of university students, the property’s main target market.

One Asset Management’s CEO Win Udomrachtavanich, said that UNIPF will get a fixed rental fee from PF of THB 43.5 million per year throughout the three-year period that the fund has agreed to invest in. The fund has the right to extend the rental period for another year under the same conditions and rental fee. After the rental contract expires, the fund will procure a new sole lessee or enter into a new rental and service contract directly with retail tenants under the management of PF which has long experiences and expertise of property development for more than 28 years. We believe the listing of UNIPF will be a good investment choice for investors.

UNIPF’s dividend policy is to pay at least once a year, at no less than 90 percent of adjusted net profit of its financial year. The fund's major unit holders after its IPO are PF (19.42 percent), and five other investors, which are Pimprapa Kanathanavanich, Pranee Phaoenchoke, Advance Finance pcl, Sino-Thai Engineering & Construction pcl, and AEC Securities pcl, each hold 3.88 percent of the total stake.

For more information, please see UNIPF property fund's prospectus at the Securities and Exchange Commission's website at and general information on SET's website at

SET Group: “Matching Your Right Financial Opportunities”

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories   14 November 2013 Subsribe Now !
• Foreign business community disapproves of work boycott Subcribe: Asean Affairs Global Magazine
• Nissan sets up Rp 100b firm to push up car sales Asean Affairs Premium
• Deadly crush as Filipinos try to flee typhoon nightmare
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Laos Pushes Ahead With Second Mekong Dam Project
• Gov’t urged to prepare for 2015 ASEAN integration
Asean Analysis          12 November  2013 Advertise Your Brand
• Asean Analysis-November 12, 2013
Asean Stock Watch     13  November  2013
• The Biweekly Update  November 1, 2013 • Asean Stock Watch-November 13, 2013

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand