General Announcement::INCORPORATION OF A SUBSIDIARY COMPANY

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Securities
UNITED OVERSEAS BANK LTD - SG1M31001969 - U11
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
15-Apr-2016 18:20:45
Status
New
Announcement Sub Title
INCORPORATION OF A SUBSIDIARY COMPANY
Announcement Reference
SG160415OTHRZFTZ
Submitted By (Co./ Ind. Name)
Joyce Sia
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
United Overseas Bank Limited wishes to announce that it has formed a wholly-owned subsidiary called U.S. RE Fund II Offshore Feeder 1 Ltd ("The Offshore Feeder") in the Cayman Islands. The Offshore Feeder is the sole owner of HUH II Offshore Holdco 1, LLC, a Limited Partner in the HUH U.S. Real Estate Enhanced Core Fund II, LP (the "Fund").
The Fund is a Delaware limited partnership established by affiliates of the Hampshire Companies, LLC and United Overseas Bank Limited. The Fund will pursue an investment strategy of making core and "enhanced core" equity investments in high quality commercial real estate assets for capital appreciation and recurring income.