Details of Assets and Valuation of MFC Patong Heritage Property Fund (M-PAT)

The Stock Exchange of Thailand · 2d ago
October 26, 2026 To The President The Stock Exchange of Thailand No. Kor Tor Ror. Sor Aor Sor 76/2026 Re: Details of Assets and Valuation of MFC Patong Heritage Property Fund (M-PAT) MFC Asset Management Public Company Limited, the Management Company of MFC Patong Heritage Property Fund ("the Fund") would like to notify the details of asset and its valuation as follows: 1. Appraiser Nexus Property Consultants Co.,Ltd. 2. Valuation Date September 1, 2026 3. Location Floor 1-14 in Patong Night Plaza Condominium, located at 205/16 Soi Fah Prathan, Ratuthit Songroipi Road, Patong, Kathu District, Phuket. 4. Details of Asset Part 1 : Patong Heritage Hotel Ownership as freehold of 183 condominium units currently operated as hotel business under the title "Patong Heritage Hotel together with standard system and facilities. Part 2 : Land and building Ownership as freehold of the land area 55.6 Sq.Wah 5. Method of Valuation Income Approach according to the Fund's structure derived from an estimation of the net income generated from the subject properties. Under this valuation the appraiser applied 10- year discounted cash flow projection plus its terminal value to indicate the property value. 6. Assumptions Capitalization Rate 9.00% and Discount Rate 10.00% 7. Appraisal Value Appraisal Value under Fund Structure at 554,000,000 THB 8. Opinion Asset management opines that the assumptions which are applied in the valuation, derived from terms and conditions in relevant agreements of the Fund, is suitable. The investor may request more details of the appraisal report at the Management Company or see summary of the appraisal report posted at www.mfcfund.com Please be informed accordingly, Yours faithfully, (Mr. Rachata Trachuwanich) Executive Vice President ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement. If you would like to see the full details of this information, please click view "full details" in attached file.