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INBrief: SF affirmed at BBB+

BackMay 29, 2007

PROPERTY: Fitch Ratings has affirmed the BBB+(tha) national long-term rating for Siam Future Development Plc with a stable outlook. The national short-term rating was also affirmed at F2(tha).

Fitch said the ratings reflected SF's established local market position in the medium-scale shopping centre business and its high-quality portfolio of shopping malls, evidenced by its consistently high occupancy rate of more than 90% since inception.

SF share closed yesterday on the Stock Exchange of Thailand at 8.10 baht, up five satang, in trade worth 2.82 million baht.

 

Source: Bangkok Post
Tuesday May 29, 2007