Asset Acquisitions and Disposals::Subscription of Shares in JustGroup and Joint Venture with a Subsidiary of GIC and JustGroup

Issuer & Securities

Issuer/ Manager
FRASERS PROPERTY LIMITED
Securities
FRASERS PROPERTY LIMITED - SG2G52000004 - TQ5
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
16-May-2018 07:14:13
Status
New
Announcement Sub Title
Subscription of Shares in JustGroup and Joint Venture with a Subsidiary of GIC and JustGroup
Announcement Reference
SG180516OTHR1NK9
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see attached an announcement and a press release on the subscription of up to 13.2% of the issued and paid-up capital of JustGroup Holdings Pte. Ltd. ("JustGroup") by Frasers Property Ventures I Pte. Ltd., a wholly-owned subsidiary of the Company, and entry into a joint venture arrangement with a wholly-owned subsidiary of GIC Private Limited ("GIC") and JustGroup by Frasers Property Ventures II Pte. Ltd., a wholly-owned subsidiary of the Company.

Attachments

FPL Announcement_Share Sub_and_JV.pdf
FPL Press Release_Share Sub_and_JV.PDF
Total size =206K