REPL::Asset Acquisitions and Disposals::Completion of Acquisition of Sofitel Sydney Wentworth and Use of Proceeds from the Private Placement
Issuer & Securities
Issuer/ Manager
FRASERS HOSPITALITY ASSET MANAGEMENT PTE. LTD.
Securities
FRASERS HOSPITALITY TRUST - SG1AA5000001 - ACV
Stapled Security
Yes
Other Issuer(s) for Stapled Security
Announcement Details
Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
07-Jul-2015 19:53:54
Status
Replacement
Announcement Sub Title
Completion of Acquisition of Sofitel Sydney Wentworth and Use of Proceeds from the Private Placement
Announcement Reference
SG150625OTHRNOU8
Submitted By (Co./ Ind. Name)
Piya Treruangrachada
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Reference is made to the announcement dated 11 May 2015 in relation to the proposed acquisition of a 75-year leasehold interest in Sofitel Sydney Wentworth ( Acquisition ), and the announcements dated 25 June 2015 and 6 July 2015 in relation to the private placement of 150,000,000 new stapled securities in FHT ( Private Placement").
Attached is an announcement in relation to the completion of the Acquisition and the use of proceeds from the Private Placement.
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DBS Bank Ltd. is the Sole Global Coordinator and Issue Manager for the initial public offer of the stapled securities in FHT (the "Offering"). DBS Bank Ltd., Morgan Stanley Asia (Singapore) Pte., Standard Chartered Securities (Singapore) Pte. Limited and United Overseas Bank Limited are the Joint Bookrunners and Underwriters for the Offering.
Attachments
FHT_Completion_of_Acquisition_and_Use_of_Proceeds_7Jul15.pdf
Total size =150K
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