Asset Acquisitions and Disposals::Update on One-time Offer For All Remaining Shares in Geneba Properties N.V.

Issuer & Securities

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

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
25-Aug-2017 19:49:06
Status
New
Announcement Sub Title
Update on One-time Offer For All Remaining Shares in Geneba Properties N.V.
Announcement Reference
SG170825OTHR82E1
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 announcement on 4 August 2017, please see attached a press release (the "Press Release") by Geneba Properties N.V. ("Geneba") in connection with the one-time all-cash offer for all the remaining issued and outstanding depositary receipts in Geneba by Frasers Property Investments (Holland) B.V. ("Frasers Property"), an indirect wholly-owned subsidiary of Frasers Centrepoint Limited. As stated in the Press Release, as at 25 August 2017, Frasers Property has received offers which, upon settlement and aggregated with the depositary receipts in Geneba which it already holds, will result in its holding in depositary receipts in Geneba to exceed 95%. Upon settlement of the acceptances, Frasers Property is entitled to commence the buy-out procedures to acquire all the depositary receipts in Geneba.

Attachments