Wann Asset Management is meeting with GROREIT unit holders on October 28th to finalize the sale of the Royal Orchid Sheraton Hotel after ROH offered to buy it back for 4,873 million baht.

Wann Asset Management has released its valuation of the Royal Orchid Sheraton Hotel, an asset under the GROREIT trust, valued at 5,212 million baht, using a revenue-based valuation with a 7% discount rate.

ROH informed the Stock Exchange of Thailand of the progress, confirming its ability to exercise its right to repurchase the hotel assets from GROREIT for 4,873 million baht, after securing financial partner support. The company is proceeding with due diligence and related approvals. ROH indicated that the hotel remains operational and the company has sufficient liquidity to continue operations.

Wann Asset Management expects the process following ROH's failure to repurchase the hotel as per the agreement to be completed by 2569, before proceeding with the sale of the assets. If sold at the appraised price of 4,873 million baht, it anticipates returning unit holders 11 baht per unit and boosting returns to approximately 8% per year.

Wann Asset Management provided a detailed explanation of the timeline for the repurchase of the Royal Orchid Sheraton Hotel, confirming that the installment payment plan was a normal practice and was done at the request of the lender. They stated that they had notified ROH to pay the full amount, but ROH failed to do so within the specified timeframe, resulting in the termination of the repurchase agreement.

Wann Asset Management Co., Ltd. (Wann AMC) co-organized a seminar to introduce the Wann Singapore Equity Fund (ONE-SINGEQ).

Wann Asset Management points out that Singapore is not only a financial hub of Asia but also one of the most promisingly growing economies. They recommend using the ONE-SINGEQ fund as an option to diversify investment risk from a concentration in technology and AI stocks.

Assets across all markets are volatile. Wann Asset Management launches the ONE-LITIGATE1-UI alternative fund, themed around supporting funding for the justice system, emphasizing investments independent of economic conditions.

Wann Asset Management indicated at the beginning of this year that it's a good time to invest in global stocks, revealing factors to watch this year including global economic growth and geopolitical conflicts.

Wann Asset Management Co., Ltd. has been entrusted by the registered Provident Fund of the Provincial Electricity Authority employees.