Placements::Launch of Private Placement to raise gross proceeds of approximately S$150.0million
Issuer & Securities
Issuer/ Manager
ASCOTT RESIDENCE TRUST MANAGEMENT LIMITED
Securities
ASCOTT RESIDENCE TRUST - SGXC16332337 - HMN
Stapled Security
Yes
Other Issuer(s) for Stapled Security
Announcement Details
Announcement Title
Placements
Date &Time of Broadcast
15-Aug-2022 07:37:21
Status
New
Announcement Sub Title
Launch of Private Placement to raise gross proceeds of approximately S$150.0million
Announcement Reference
SG220815OTHRPW6G
Submitted By (Co./ Ind. Name)
Karen Chan
Designation
Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
The Offer Price indicated below is based on the lower end of the Private Placement Issue Price Range. Please refer to the attachments for more details.
Additional Details
Capital Amount-Old
SGD 3,882,421,278
Capital Amount-New
SGD 4,032,422,238
No. of Existing Outstanding Shares
3,290,187,524
New Shares Issued
135,136,000
Offer Price
SGD 1.11
Attachments
Launch of Private Placement Announcement.pdf
Notice of Record Date.pdf
Total size =294K
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