General Announcement::Completion of the Acquisition of Stake in Jem via 8.2% of the Shares in Lendlease ARIF3 Limited
Issuer & Securities
Issuer/ Manager
LENDLEASE GLOBAL COMMERCIAL TRUST MANAGEMENT PTE. LTD.
Securities
LENDLEASE GLOBAL COMMERCIAL REIT - SGXC61949712 - JYEU
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
21-Sep-2021 17:36:29
Status
New
Announcement Sub Title
Completion of the Acquisition of Stake in Jem via 8.2% of the Shares in Lendlease ARIF3 Limited
Announcement Reference
SG210921OTHRL46E
Submitted By (Co./ Ind. Name)
Kelvin Chow
Designation
Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
This announcement is in relation to the earlier announcement dated 7 June 2021 on the proposed acquisition to increase stake of up to 31.8% in Jem.
Following the completion, LREIT now owns (i) a 24.8% interest in ARIF3 (after taking into account LREIT's existing 16.6% interest in ARIF3) and (ii) an effective 31.8% indirect interest in Jem.
The Manager will make a further announcement on the issuance of the Acquisition Fee Units in due course.
Attachments
ARIF3 Remaining Third-party Completion Announcement.pdf
Total size =139K
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