Asset Acquisitions and Disposals::Proposed Divestment and Acquisition of Hotels

Issuer & Securities

Issuer/ Manager
M&C REIT MANAGEMENT LIMITED
Securities
CDL HOSPITALITY TRUSTS - SG1T66931158 - J85
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Name
DBS TRUSTEE LIMITED

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
21-Nov-2019 07:32:57
Status
New
Announcement Sub Title
Proposed Divestment and Acquisition of Hotels
Announcement Reference
SG191121OTHROB0H
Submitted By (Co./ Ind. Name)
Soo Lai Sun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see the attached documents on (A) the proposed redevelopment transaction which involves the divestment of Novotel Singapore Clarke Quay and the forward purchase of a hotel as part of an integrated development; and (B) the proposed acquisition of W Singapore - Sentosa Cove:

1) Announcement;
2) Press Release on "CDL Hospitality Trusts Proposes to Invest Close to S$800 Million in Two Singapore Hotels"; and
3) Presentation Slides.


Attachments

Announcement_Redevelopment of NCQ and Acquisition of W Hotel_Final.pdf
CDLHT_Press Release_Redevelopment of NCQ and Acquisition of W Hotel_Final.pdf
CDLHT_Slides_Redevelopment of NCQ and Acquisition of W Hotel_Final.pdf
Total size =6167K