Asset Acquisitions and Disposals::Launch of Private Placement of up to 67,567,000 new Units in Frasers Commercial Trust

Issuer & Securities

Announcement Title: Asset Acquisitions and Disposals
Date &Time of Broadcast: 24-Jan-2018 00:06:11
Status: New
Announcement Sub Title: Launch of Private Placement of up to 67,567,000 new Units in Frasers Commercial Trust
Announcement Reference: SG180124OTHRMP19
Submitted By (Co./ Ind. Name): Catherine Yeo
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Reference is made to the announcement dated 14 December 2017 in relation to the proposed joint acquisition by Frasers Commercial Trust and Frasers Property International Pte. Ltd. of HEREF Farnborough Limited, which holds Farnborough Business Park located in the United Kingdom.

Attached is the announcement on the launch of private placement of 55,556,000 New Units in Frasers Commercial Trust, in connection with the proposed acquisition of HEREF Farnborough Limited, with an option to increase the size of the private placement by up to an additional 12,011,000 New Units.

Total size =310K