Asset Acquisitions and Disposals::Proposed Acquisition of Shares in AsiaRetail Fund Limited and Proposed Divestment of Bedok Point
Issuer & Securities
FRASERS CENTREPOINT ASSET MANAGEMENT LTD.
FRASERS CENTREPOINT TRUST - SG1T60930966 - J69U
Asset Acquisitions and Disposals
Date &Time of Broadcast
Announcement Sub Title
Proposed Acquisition of Shares in AsiaRetail Fund Limited and Proposed Divestment of Bedok Point
Submitted By (Co./ Ind. Name)
Description (Please provide a detailed description of the event in the box below)
Please find attached a press release and an updated presentation which provide information on Frasers Centrepoint Trust's and AsiaRetail Fund Limited ("ARF")'s portfolio tenants' sales and shopper traffic for August 2020. This information is an update to slides 38 and 39 of the presentation dated 3 September 2020, in relation to the proposed acquisition of approximately 63.11% of the total issued share capital of ARF and the proposed divestment of Bedok Point.
Total size =5717K