Rights::Voluntary

Issuer & Securities

Issuer/ Manager
FIRST REIT MANAGEMENT LIMITED
Security
FIRST REAL ESTATE INV TRUST - SG1U27933225 - AW9U

Announcement Details

Announcement Title
Propose Renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
19-Jan-2021 17:34:52
Status
New
Corporate Action Reference
SG210119RHDITGGV
Submitted By (Co./ Ind. Name)
Victor Tan Kok Mian
Designation
Executive Director and CEO, First REIT Management Limited (as manager of First REIT)
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2021
Foreign Shareholder Eligibility
No
Attachment for Intent
Launch_of_Rights_Issue.pdf
Notice_of_Rights_Issue_Record_Date.pdf
Results_of_the_Extraordinary_General_Meeting_of_First_REIT.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPlease refer to the following documents for details:

1) Launch of Rights Issue to raise Gross Proceeds of Approximately S$158.2 million
2) Notice of Rights Issue Record Date
Additional TextUnitholders' approval has been obtained at the Extraordinary General Meeting held on 19 January 2021. Please refer to the attachment titled "Results of the Extraordinary General Meeting of First REIT" for details.

Dates

Record Date and Time
27/01/2021 17:00:00
Ex Date
26/01/2021

Rights Details

Security Not Found?
Yes
Renounceable
Yes
Rights Distribution Pay Date
01/02/2021
Trading Period From
01/02/2021
Trading Period To
09/02/2021
Rights Security Distribution Ratio- Underlying
100
Rights Security Distribution Ratio- Rights Security
98

Option Exercise

Issue Price (Per Rights)
SGD 0.2
Exercise Period
01/02/2021 TO 16/02/2021
Pay Date
16/02/2021
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1U27933225FIRST REAL ESTATE INV TRUSTUnit Trusts11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

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