General Announcement::Notice to Holders of S$80,000,000 4.50 Per Cent Convertible Sukuk Due 2017

Issuer & Securities

Issuer/ Manager
SABANA REAL ESTATE INVESTMENT MANAGEMENT PTE. LTD.
Securities
SABANA SHARI'AH COMPLIANT REIT - SG2C57965205 - M1GU
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
24-Dec-2016 21:47:32
Status
New
Announcement Sub Title
Notice to Holders of S$80,000,000 4.50 Per Cent Convertible Sukuk Due 2017
Announcement Reference
SG161224OTHRJV9P
Submitted By (Co./ Ind. Name)
Kevin Xayaraj
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
The Conversion Price of the S$80,000,000 4.50 per cent Convertible Sukuk due 2017 will be adjusted from S$1.0131 to S$0.8628 per Unit. The adjustment to the Conversion Price will only become effective on the date of issue of the Rights Units, currently scheduled to be on 25 January 2017. Please see attachment for details.

Attachments

Adjustment_ConvertibleSukuk_24Dec2016.pdf
Total size =332K