| Announcement Title |
Propose Non-renounceable Underwritten Rights Issue |
| Date & Time of Broadcast |
Dec 18, 2023 23:55 |
| Status |
New |
| Corporate Action Reference |
SG231218RHDIAV5C |
| Submitted By (Co./ Ind. Name) |
Liaw Liang Huat Joshua |
| Designation |
CEO |
| Underwritten |
Yes |
| Shareholders' Approval Required? |
No |
| Shareholders' Approval Obtained |
No |
| Foreign Shareholder Eligibility |
No |
| Attachment for Intent |
| Elite Commercial REIT-Launch of Preferrential Offering.pdf |
| Elite Commercial REIT-Notice of Record Date.pdf |
|
| Event Narrative |
| Narrative Type |
Narrative Text |
| Additional Text |
Launch of fully underwritten Non-Renounceable Preferential Offering to raise gross proceeds of approximately GBP28.0 million. |
| Additional Text |
Please refer to the attached. |
| Dates |
| Record Date |
27/12/2023 |
| Ex Date |
26/12/2023 |
| Rights Details |
| Rights Security ISIN |
SGXC59097235 |
| Rights Security Name |
ELITE COMMERCIAL REIT |
| Security Not Found? |
No |
| Renounceable |
No |
| Rights Distribution Pay Date |
10/01/2024 |
| Rights Security Distribution Ratio- Underlying |
1,000 |
| Rights Security Distribution Ratio- Rights Security |
214 |
| |
| Option Exercise |
| Issue Price (Per Rights) |
GBP 0.27 |
| Exercise Period |
02/01/2024 TO 10/01/2024 |
| Pay Date |
10/01/2024 |
| Disbursed Security |
| ISIN |
Name |
Security Type |
Distribution Ratio- Rights |
Distribution Ratio- Disbursed |
| SGXC59097235 |
ELITE COMMERCIAL REIT |
REITs |
1 |
1 |
|
| Renounceable Conditions |
| Allow Over Subscription |
Yes |
