General Announcement::INCORPORATION OF A SUBSIDIARY COMPANY
Issuer & Securities
UNITED OVERSEAS BANK LIMITED
UNITED OVERSEAS BANK LTD - SG1M31001969 - U11
Date &Time of Broadcast
Announcement Sub Title
INCORPORATION OF A SUBSIDIARY COMPANY
Submitted By (Co./ Ind. Name)
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.