Launch Of Rights Issue To Raise Gross Proceeds Of Approximately S$158.2 Million

BackJan 19, 2021
Announcement Title Intermediate Securities Distribution
Date & Time of Broadcast Jan 19, 2021 17:34
Status New
Corporate Action Reference SG210119RHDITGGV
Submitted By (Co./ Ind. Name) Victor Tan Kok Mian
Designation Executive Director and CEO, First REIT Management Limited (as manager of First REIT)
Underwritten No
Shareholders' Approval Required? Yes
Shareholders' Approval Obtained No
Financial Year End 31/12/2021
Foreign Shareholder Eligibility No
Event Narrative
Narrative Type Narrative Text
Additional Text Please refer to the following documents for details:

1) Launch of Rights Issue to raise Gross Proceeds of Approximately S$158.2 million
2) Notice of Rights Issue Record Date
Additional Text Unitholders' approval has been obtained at the Extraordinary General Meeting held on 19 January 2021. Please refer to the attachment titled "Results of the Extraordinary General Meeting of First REIT" for details.
Record Date and Time 27/01/2021 17:00:00
Ex Date 26/01/2021
Rights Details
Security Not Found? Yes
Renounceable Yes
Rights Distribution Pay Date 01/02/2021
Trading Period From 01/02/2021
Trading Period To 09/02/2021
Rights Security Distribution Ratio- Underlying 100
Rights Security Distribution Ratio- Rights Security 98
Option Exercise
Issue Price (Per Rights) SGD 0.2
Exercise Period 01/02/2021 TO 16/02/2021
Pay Date 16/02/2021
Disbursed Security
ISIN Name Security Type Distribution Ratio- Rights Distribution Ratio- Disbursed
SG1U27933225 FIRST REAL ESTATE INV TRUST Unit Trusts 1 1
Renounceable Conditions
Allow Over Subscription Yes


  1. Launch Of Rights Issue (Size: 536,720 bytes)
  2. Notice Of Record Date (Size: 424,798 bytes)
  3. Results Of EGM (Size: 131,762 bytes)

Print This Email This