Asset Acquisitions and Disposals::Acquisition of Shares in Geneba Properties N.V.

Issuer & Securities

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

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
17-Apr-2017 01:11:17
Status
New
Announcement Sub Title
Acquisition of Shares in Geneba Properties N.V.
Announcement Reference
SG170417OTHRZ8QN
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Frasers Centrepoint Limited ("FCL") and its wholly-owned subsidiary, Frasers Property International Pte. Ltd. have entered into (1) a Block Trade Agreement with Catalyst RE Cooperatief U.A. to purchase 86.56% of the ordinary shares in Geneba Properties N.V. ("Geneba", and the purchase, the "Acquisition"); and (2) a Merger Protocol to acquire the remaining shares in Geneba, after the closing of the Acquisition.

Please see attached announcement and press release. The joint press release by Geneba, Catalyst and FCL is also attached for information.

Attachments