Rights::Voluntary

Issuer & Securities

Issuer/ Manager: ARA ASSET MANAGEMENT LIMITED
Security: ARA ASSET MANAGEMENT LIMITED - BMG045121024 - D1R

Announcement Details

Announcement Title: Propose Renounceable Underwritten Rights Issue
Date &Time of Broadcast: 11-Nov-2015 18:48:36
Status: New
Corporate Action Reference: SG151111RHDISJLG
Submitted By (Co./ Ind. Name): Lim Hwee Chiang
Designation: Director
Underwritten: Yes
Shareholders' Approval Required?: No
Shareholders' Approval Obtained: No
Financial Year End: 31/12/2015
Foreign Shareholder Eligibility: Yes
Foreign Shareholder Applicability: Specific Countries

Event Narrative

Narrative Type	Narrative Text
Additional Text	Eligible U.S Investors (as defined in the announcement dated 11 November 2015) will be eligible to participate in the rights issue.

Dates

Record Date and Time: 19/11/2015 17:00:00
Ex Date: 17/11/2015

Rights Details

Security Not Found?: No
Renounceable: Yes
Rights Distribution Pay Date: 24/11/2015
Trading Period From: 24/11/2015
Trading Period To: 02/12/2015
Rights Security Distribution Ratio- Underlying: 100
Rights Security Distribution Ratio- Rights Security: 18

Option Exercise

Issue Price (Per Rights): SGD 1
Exercise Period: 24/11/2015 TO 08/12/2015
Pay Date: 08/12/2015

Renounceable Conditions

Allow Over Subscription: Yes

Related Announcements

Related Announcements: 16/12/2015 18:42:25
17/11/2015 11:05:39
12/11/2015 08:53:49
12/11/2015 08:44:06