Rights::Voluntary

Issuer & Securities

Issuer/ Manager
ESR FUNDS MANAGEMENT (S) LIMITED
Security
ESR-REIT - SG1T70931228 - J91U

Announcement Details

Announcement Title
Propose Non-renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
13-Sep-2019 07:10:20
Status
New
Corporate Action Reference
SG190913RHDIQ80V
Submitted By (Co./ Ind. Name)
Adrian Chui
Designation
CEO & Executive Director
Underwritten
No
Shareholders' Approval Required?
No
Shareholders' Approval Obtained
No
Financial Year End
31/12/2019
Foreign Shareholder Eligibility
No
Attachment for Intent
130919_ESR-REIT - Launch of Pref Offer Announcement.pdf
130919_ESR-REIT - Pref Offer and Cum Distribution BCD Announcement.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextLaunch of Preferential Offering on the basis of 29 new units for every 1000 existing units to raise gross proceeds of up to approximately S$50.0 million. Please refer to the attachments.

Dates

Record Date and Time
23/09/2019 17:00:00
Ex Date
20/09/2019

Rights Details

Rights Security ISIN
SG1T70931228
Rights Security Name
ESR-REIT
Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
1,000
Rights Security Distribution Ratio- Rights Security
29

Option Exercise

Issue Price (Per Rights)
SGD 0.51
Exercise Period
26/09/2019 TO 04/10/2019
Pay Date
04/10/2019
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1T70931228ESR-REITUnit Trusts11
Note- Any information entered in narrative will not be used in processing
Narrative Type
Narrative Text
Additional TextPlease refer to the attached announcement.

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

130919_ESR-REIT - Launch of Pref Offer Announcement.pdf
130919_ESR-REIT - Pref Offer and Cum Distribution BCD Announcement.pdf
Total size =327K