Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ARA LOGOS LOGISTICS TRUST MANAGEMENT LIMITED
Security
ARA LOGOS LOGISTICS TRUST - SG1Z70955880 - K2LU

Announcement Details

Announcement Title
Propose Non-renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
29-Dec-2020 19:43:48
Status
New
Corporate Action Reference
SG201229RHDIBV6E
Submitted By (Co./ Ind. Name)
Karen Lee Kiah Ling
Designation
Chief Executive Officer
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2020
Foreign Shareholder Eligibility
No
Attachment for Intent
Ascent - Launch of PO Announcement.pdf
Ascent - Notice of RD Announcement.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPlease see the following announcements:

(1) LAUNCH OF PREFERENTIAL OFFERING TO RAISE GROSS PROCEEDS OF
APPROXIMATELY S$50 MILLION

(2) NOTICE OF PREFERENTIAL OFFERING RECORD DATE

Dates

Record Date and Time
04/01/2021 17:00:00
Ex Date
31/12/2020

Rights Details

Rights Security Name
ARA LOGOS LOGISTICS TRUST
Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
1,000
Rights Security Distribution Ratio- Rights Security
77

Option Exercise

Issue Price (Per Rights)
SGD 0.5525
Exercise Period
07/01/2021 TO 15/01/2021
Pay Date
15/01/2021
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1Z70955880ARA LOGOS LOGISTICS TRUSTUnit Trusts11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements