Asset Acquisitions and Disposals::Proposed Privatisation of Frasers Hospitality Trust by way of a Trust Scheme of Arrangement

Issuer & Securities

Issuer/ Manager
FRASERS PROPERTY LIMITED
Securities
FRASERS PROPERTY LIMITED - SG2G52000004 - TQ5
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
12-Sep-2022 23:58:11
Status
New
Announcement Sub Title
Proposed Privatisation of Frasers Hospitality Trust by way of a Trust Scheme of Arrangement
Announcement Reference
SG220912OTHRF7PJ
Submitted By (Co./ Ind. Name)
Catherine Yeo
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Further to the joint announcement, the acquisition announcement and the joint press release issued by the Company on 13 June 2022 on the proposed privatisation of Frasers Hospitality Trust ("FHT") through the acquisition (the "Acquisition") by Frasers Property Hospitality Trust Holdings Pte. Ltd. (the "Offeror") of all the issued stapled securities (the "Stapled Securities") of FHT held by the stapled securityholders of FHT (other than the Stapled Securities held by (a) TCC Group Investments Limited and (b) Frasers Property Limited and/or its subsidiaries (including the Offeror)) by way of a trust scheme of arrangement (the "Scheme"), please see attached the joint announcement by (i) the Offeror, and (ii) Frasers Hospitality Asset Management Pte. Ltd., as manager of Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Trust Management Pte. Ltd., as trustee-manager of Frasers Hospitality Business Trust, that the Acquisition and the Scheme have lapsed.

Attachments

Joint Announcement.pdf
Total size =178K