Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ESR FUNDS MANAGEMENT (S) LIMITED
Security
ESR-REIT - SG1T70931228 - J91U

Announcement Details

Announcement Title
Propose Non-renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
27-Jul-2021 08:20:11
Status
New
Corporate Action Reference
SG210727RHDINREH
Submitted By (Co./ Ind. Name)
Adrian Chui
Designation
CEO & Executive Director
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Financial Year End
31/12/2021
Foreign Shareholder Eligibility
No
Attachment for Intent
ESR-REIT_Launch of Preferential Offering.pdf
ESR-REIT_Notice of Record Date.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextLaunch of Preferential Offering on the basis of 32 new units for every 1,000 existing units to raise gross proceeds of up to approximately S$50.0 million. Please refer to the attachments.

Dates

Record Date and Time
04/08/2021 17:00:00
Ex Date
03/08/2021

Rights Details

Rights Security ISIN
SG1T70931228
Rights Security Name
ESR-REIT
Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
1,000
Rights Security Distribution Ratio- Rights Security
32

Option Exercise

Issue Price (Per Rights)
SGD 0.4
Exercise Period
10/08/2021 TO 18/08/2021
Pay Date
18/08/2021
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1T70931228ESR-REITUnit Trusts11
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextPlease refer to the attached announcements.

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

ESR-REIT_Launch of Preferential Offering.pdf
ESR-REIT_Notice of Record Date.pdf
Total size =1058K