Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
ONE ASSET MANAGEMENT LIMITED
Security
ONESTOXXASEAN FUND - TH6599010001 - CFN
Note: In line with current market practice, trading on SGX-ST of all securities related to the counter(s) have also been similarly suspended.

Announcement Details

Announcement Title
Request for Suspension
Date &Time of Broadcast
04-Jan-2021 07:33:18
Status
New
Announcement Reference
SG201231SUSP1SRZ
Submitted By (Co./ Ind. Name)
SIN REP
Designation
SIN REP
Narrative Type
Narrative Text
Additional TextOne Asset Management Limited, in its capacity as the Management Company ("Management Company") of ONE STOXX ASEAN SELECT DIVIDEND INDEX FUND (the "Fund"), received unitholders' approval (1) to delist the Fund from the SGX-ST which will be effective from 18 January 2021 and
Additional Text(2) to exercise the right to compulsorily redeem the units of the Fund on the SGX-ST on 5 January 2021 by giving 3 months' prior notice to all Singapore unitholders to voluntarily sell their units of the Fund on the SGX-ST by 31 December 2020 (the "Last Trading Day").
Additional TextIf Singapore unitholders have not sold their units in the Fund by the Last Trading Day, the Management Company will exercise the right to compulsorily redeem the units of the Fund on the SGX-ST. Therefore, the Management Company requests for suspension.

Event Dates

Effective Date and Time of the Event
With Immediate Effect

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.