General Announcement::Ascendas Reit - Proposed Acquisition and Rights Issue

Issuer & Securities

Issuer/ Manager
CAPITALAND LIMITED
Securities
CAPITALAND LIMITED - SG1J27887962 - C31
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
01-Nov-2019 12:20:55
Status
New
Announcement Sub Title
Ascendas Reit - Proposed Acquisition and Rights Issue
Announcement Reference
SG191101OTHRZYV2
Submitted By (Co./ Ind. Name)
Michelle Koh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
CapitaLand Limited's subsidiary, Ascendas Funds Management (S) Limited, the manager of Ascendas Real Estate Investment Trust ("Ascendas Reit"), has today issued the following in relation to Ascendas Reit's proposed acquisition and rights issue, as attached for information.

(1) Proposed Acquisition
(i) Press Release - Ascendas Reit's proposed acquisition of 30 business park properties in the United States and Singapore for S$1.66 billion
(ii) SGX announcement - Proposed acquisitions of a portfolio of United States properties and two Singapore properties
(iii) Presentation slides - Proposed acquisitions of 30 business park properties in the US and Singapore for S$1.66 billion

(2) Rights Issue
(i) Launch of S$1,310 million rights issue
(ii) Offer Information Statement

Attachments