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Announcements Press Releases Presentations

Launch Of Private Placement To Raise Gross Proceeds Of Approximately S$150.0 Million

BackAug 15, 2022

Announcement Title	Placements
Date & Time of Broadcast	Aug 15, 2022 7:37
Status	New
Announcement Sub Title	Launch of Private Placement to raise gross proceeds of approximately S$150.0million
Announcement Reference	SG220815OTHRPW6G
Submitted By (Co./ Ind. Name)	Karen Chan
Designation	Company Secretary, Ascott Residence Trust Management Limited
Description (Please provide a detailed description of the event in the box below)	The Offer Price indicated below is based on the lower end of the Private Placement Issue Price Range. Please refer to the attachments for more details.
Additional Details
Capital Amount-Old	SGD 3,882,421,278
Capital Amount-New	SGD 4,032,422,238
No. of Existing Outstanding Shares	3,290,187,524
New Shares Issued	135,136,000
Offer Price	SGD 1.11

Attachments

Launch Of Private Placement (Size: 159,018 bytes)
Notice Of Record Date (Size: 142,261 bytes)