Notice of Valuation of Real Assets::ASSET VALUATION

Issuer & Securities

Issuer/ Manager
EC WORLD ASSET MANAGEMENT PTE LTD
Securities
EC WORLD REIT - SG1DA7000003 - BWCU
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
13-Jan-2017 17:54:29
Status
New
Announcement Sub Title
ASSET VALUATION
Announcement Reference
SG170113OTHR09UQ
Submitted By (Co./ Ind. Name)
Lai Hock Meng
Designation
CEO & Executive Director
Description (Please provide a detailed description of the event in the box below)
Please refer to the file attached.

Sponsor's Statement:
DBS Bank Ltd. is the sole financial adviser, global coordinator and issue manager for the initial public offering of EC World REIT. DBS Bank Ltd., Bank of China Limited, Singapore Branch, China International Capital Corporation (Singapore) Pte. Limited and Maybank Kim Eng Securities Pte. Ltd. are the joint bookrunners and underwriters for the initial public offering of EC World REIT.

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/12/2016Colliers International (Hong Kong) LimitedChongxian Port InvestmentYuan Renminbi2,124,000,000
31/12/2016Colliers International (Hong Kong) LimitedChongxian Port LogisticsYuan Renminbi871,000,000
31/12/2016Colliers International (Hong Kong) LimitedFu Zhuo IndustrialYuan Renminbi110,000,000
31/12/2016Colliers International (Hong Kong) LimitedThe Stage 1 Properties of Bei Gang LogisticsYuan Renminbi1,295,000,000
31/12/2016Colliers International (Hong Kong) LimitedFu Heng WarehouseYuan Renminbi551,000,000
31/12/2016Colliers International (Hong Kong) LimitedHengde LogisticsYuan Renminbi1,456,000,000
Valuation of Reports available for inspection at address during office hours
8 Shenton Way, #37-03, AXA Tower, Singapore 068811
Reports available till date
12/04/2017

Attachments

ECWorldREIT_Asset_Valuation_31Dec2016.pdf
Total size =48K