Back

Completion Of Acquisition Of A Further Property In Australia And Use Of Proceeds From The Private Placement

Aug 15, 2017

Announcement Title Asset Acquisitions and Disposals
Date & Time of Broadcast Aug 15, 2017 18:59
Status New
Announcement Sub Title Completion of Acquisition of Property in Australia and Use of Proceeds from Private Placement
Announcement Reference SG170815OTHRPC87
Submitted By (Co./ Ind. Name) Catherine Yeo
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Reference is made to (i) the announcement dated 6 June 2017 in relation to the proposed acquisition of seven properties in Australia; (ii) the announcements dated 27 June 2017 and 6 July 2017 in relation to the private placement of 78,000,000 new units in FLT ("Private Placement"); and (iii) the announcement dated 1 August 2017 in relation to the completion of the acquisition of five of the seven properties in Australia and the use of proceeds from the Private Placement.

Attached is an announcement in relation to the completion of the acquisition of a further property in Australia, being the Stanley Black & Decker Facility and the use of proceeds from the Private Placement.

-----------------------------

DBS Bank Ltd. and Citigroup Global Markets Singapore Pte. Ltd. are the joint financial advisers, global coordinators and issue managers for the initial public offering of units in Frasers Logistics & Industrial Trust (the "Offering"). DBS Bank Ltd., Citigroup Global Markets Singapore Pte. Ltd., Morgan Stanley Asia (Singapore) Pte., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the joint bookrunners and underwriters for the Offering (collectively, the "Joint Bookrunners"). The Joint Bookrunners for the Offering assume no responsibility for the contents of this announcement.

Get in touch with our IR representative