News

Propose Non-Renounceable Non-Underwritten Rights Issue

BackDec 29, 2020
Announcement Title Propose Non-renounceable Non-underwritten Rights Issue
Date & Time of Broadcast Dec 29, 2020 19:43
Status New
Corporate Action Reference SG201229RHDIBV6E
Submitted By (Co./ Ind. Name) Karen Lee Kiah Ling
Designation Chief Executive Officer
Underwritten No
Shareholders' Approval Required? Yes
Shareholders' Approval Obtained No
Financial Year End 31/12/2020
Foreign Shareholder Eligibility No
Attachment for Intent
Ascent - Launch of PO Announcement.pdf
Ascent - Notice of RD Announcement.pdf
Event Narrative
Narrative Type Narrative Text
Additional Text Please see the following announcements:

(1) LAUNCH OF PREFERENTIAL OFFERING TO RAISE GROSS PROCEEDS OF APPROXIMATELY S$50 MILLION

(2) NOTICE OF PREFERENTIAL OFFERING RECORD DATE
Dates
Record Date and Time 04/01/2021 17:00:00
Ex Date 31/12/2020
Rights Details
Rights Security Name ARA LOGOS LOGISTICS TRUST
Security Not Found? No
Renounceable No
Rights Security Distribution Ratio- Underlying 1,000
Rights Security Distribution Ratio- Rights Security 77
 
Option Exercise
Issue Price (Per Rights) SGD 0.5525
Exercise Period 07/01/2021 TO 15/01/2021
Pay Date 15/01/2021
Disbursed Security
ISIN Name Security Type Distribution Ratio- Rights Distribution Ratio- Disbursed
SG1Z70955880 ARA LOGOS LOGISTICS TRUST Unit Trusts 1 1
Renounceable Conditions
Allow Over Subscription Yes

Attachments

  1. Launch Of Preferential Offering (Size: 417,194 bytes)
  2. Notice Of Record Date (Size: 304,044 bytes)
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