Interested Person Transaction::Allocation of Perpetual Securities

Issuer & Securities

Issuer/ Manager
SB REIT MANAGEMENT PTE. LTD.
Securities
SOILBUILD BUSINESS SPACE REIT - SG2G07995670 - SV3U
Stapled Security
No

Announcement Details

Announcement Title
Interested Person Transaction
Date &Time of Broadcast
21-Sep-2018 01:47:25
Status
New
Announcement Sub Title
Allocation of Perpetual Securities
Announcement Reference
SG180921OTHR9IMK
Submitted By (Co./ Ind. Name)
Roy Teo
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please see attached a copy of the following announcement:

PRICING OF S$65,000,000 6.00 PER CENT. SUBORDINATED PERPETUAL SECURITIES TO BE ISSUED PURSUANT TO THE S$500,000,000 MULTICURRENCY DEBT ISSUANCE PROGRAMME OF DBS TRUSTEE LIMITED (IN ITS CAPACITY AS TRUSTEE OF SOILBUILD BUSINESS SPACE REIT) - INTERESTED PERSON TRANSACTION

Additional Details

Interested Person Details
Mr Lim Chap Huat has agreed to subscribe for S$30,000,000 in aggregate principal amount of Perpetual Securities. Mr Lim Chap Huat holds 96,287,276 shares of the Issuer (representing approximately 9.096% of all the issued shares of the Issuer). In addition, Mr Lim Chap Huat wholly-owns Soilbuild Group Holdings Ltd. (SBGH) and through SBGH, holds 100.0% of the issued shares of the Manager. Mr Lim Chap Huat is therefore regarded as a controlling shareholder of the Manager under Appendix 6 of the Code of Collective Investment Schemes issued by the Monetary Authority of Singapore (the Property Funds Appendix) and is (for the purposes of the Listing Manual of Singapore Exchange Securities Trading Limited (the SGX-ST and the Listing Manual, the Listing Manual)) an interested person and (for the purposes of the Property Funds Appendix) an interested party of Soilbuild REIT.

Attachments

IPT announcement.pdf
Total size =129K