News

Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackSep 01, 2011
Part I
1. Date of notice to issuer 01/09/2011
2. Name of Substantial Shareholder Jurong Town Corporation ("JTC")
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Deemed Interest 12/08/2011
2. The change in the percentage level From 18.79 % To 19.01 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

I. Issuance of 629,794 new units on 29 April 2011 to Ascendas Funds Management (S) Limited, as Manager of Ascendas Real Estate Investment Trust ("A-REIT"), for payment of acquisition fee.

II. Issuance of 1,301,946 new units on 30 June 2011 to Ascendas Funds Management (S) Limited, as Manager of A-REIT, for payment of management fee from 1 December 2010 to 31 May 2011.

III. Acquisition of additional 3,000,000 units by Ascendas Land (Singapore) Pte Ltd in the open market.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change in the percentage level is the result of a series of transactions.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 390,935,901
As a percentage of issued share capital 0 % 18.79 %
No. of shares held after the change 0 395,867,641
As a percentage of issued share capital 0 % 19.01 %
Footnotes A. Where reference is made to shares, it refers to units in A-REIT.

B. The percentage before the change was computed based on 2,080,478,935 units in issue as at 11 April 2011 (the date of last notice of change in interest).

C. The percentage after the change was computed based on 2,082,410,675 units in issue as at 12 August 2011.

D. Pursuant to Section 7 of the Singapore Companies Act, Cap. 50, JTC is deemed to be interested in the units held by Ascendas Land (Singapore) Pte Ltd and Ascendas Funds Management (S) Limited.