Jul 07, 2015
Announcement Title | Asset Acquisitions and Disposals |
Announcement Subtitle | Completion of Acquisition of Sofitel Sydney Wentworth and Use of Proceeds from the Private Placement |
Securities | FRASERS HOSPITALITY TRUST (FRASERHT) |
Date & Time of Broadcast | Jul 7, 2015 19:53 |
Submitted By | Piya Treruangrachada Company Secretary |
Description | Reference is made to the announcement dated 11 May 2015 in relation to the proposed acquisition of a 75-year leasehold interest in Sofitel Sydney Wentworth ( Acquisition ), and the announcements dated 25 June 2015 and 6 July 2015 in relation to the private placement of 150,000,000 new stapled securities in FHT ( Private Placement"). Attached is an announcement in relation to the completion of the Acquisition and the use of proceeds from the Private Placement. ------------------------ DBS Bank Ltd. is the Sole Global Coordinator and Issue Manager for the initial public offer of the stapled securities in FHT (the "Offering"). DBS Bank Ltd., Morgan Stanley Asia (Singapore) Pte., Standard Chartered Securities (Singapore) Pte. Limited and United Overseas Bank Limited are the Joint Bookrunners and Underwriters for the Offering. |
07 Jul 2015 | PDF 153,777 kb