Narongsak Plodmechai, chief executive officer of SCB Asset Management Co Ltd, said DIF has been investing in telecommunications infrastructure assets on a national scale in line with its strategy to create continuous growth. DIF owns and holds direct rights to net revenue from 15,271 telecommunications towers. According to estimates, the cash distribution per unit (DPU) of DIF after investment is expected to be no lower than the DPU expected even without the investment during the October 1, 2019-September 30, 2020 period. The only source of funds to be used in the investment will be from an increase in registered capital. DIF will propose this plan for approval at the EGM of Digital Telecommunications Infrastructure Fund Unitholders on June 21.

Source: The Nation Bangkok May 29, 2019 09:33 UTC