SHREIT set to offer distribution of 0.19 baht realized from outstanding performance, getting ready to provide information for investors at Opp. Day on May 29th

Stocks and Financial Services Press Releases Tuesday May 7, 2019 10:52
Bangkok--7 May--MT Multimedia

It looks like Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust ("SHREIT") is clearly returning to full strength as the investors in the trust can prepare themselves to receive a distribution of 0.19 baht per share which constitutes a very high return based on the investment unit's current market price. The shares are expected to be marked XD on May 17th, and the distribution is to be paid out on June 12th.

The returns made new record due to excellent performance in Q1/2019 totaling 122.8 million baht realized from the trust's assets, including three hotels in Indonesia and Vietnam, making excellent achievement. Therefore, it is a good opportunity for the management of the trust to participate in the activity to provide information to interested investors, to announce the performance and to disclose future plans to ensure SHREIT's future growth at the Opportunity Day on May 29th. This is specifically planned to allow potential investors to receive accurate and detailed information of the SHREIT.

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