Asset Acquisitions and Disposals::Completion of Acquisition and Use of IPO Proceeds

Issuer & Securities

Issuer/ Manager
ARA TRUST MANAGEMENT (USH) PTE. LTD.
Securities
ARA US HOSPITALITY TRUST - SGXC80011726 - XZL
Stapled Security
Yes

Other Issuer(s) for Stapled Security

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
20-Jan-2020 07:53:25
Status
New
Announcement Sub Title
Completion of Acquisition and Use of IPO Proceeds
Announcement Reference
SG200120OTHRELWJ
Submitted By (Co./ Ind. Name)
ARA Trust Management (USH) Pte. Ltd. / Ling Hong Liang
Designation
Finance Director
Description (Please provide a detailed description of the event in the box below)
Please see attached.

DBS Bank Ltd. is the Sole Issue Manager for the initial public offering of the stapled securities in ARA US Hospitality Trust (the Offering ). DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the Joint Financial Advisers and Joint Global Coordinators for the Offering. DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Credit Suisse (Singapore) Limited are the Joint Bookrunners and Underwriters for the Offering.

Attachments

Announcement - Completion of Acquisition and Use of IPO Proceeds_20200120.pdf
Total size =117K