MIREIT – SGX
Singapore, 30 November 2009 – Further to its announcement dated 6 November 2009 in relation to the proposed Equity Fund Raising and Acquisition by MacarthurCook Industrial REIT (“MIREIT”), MacarthurCook Investment Managers (Asia) Limited, as manager of MI-REIT (the “Manager”) is pleased to announce that it has today lodged with the Monetary Authority of Singapore (the “Authority”) the Offer Information Statement in relation to the fully underwritten renounceable Rights Issue of 975,627,332 Rights Units following the approval by Unitholders, inter alia, the Rights Issue at the EGM held on 23 November 2009.
The Offer Information Statement is available on the website of the Authority at www.mas.gov.sg on 30 November 2009 and will in due course be despatched to Eligible Unitholders.
The timetable for the Rights Issue is set out below:
|
EVENT |
DATE AND TIME |
|
Rights Issue Books Closure Date |
30 November 2009 at 5.00 p.m. |
|
Despatch of the Offer Information Statement together with the application forms) to Eligible Unitholders |
By 3 December 2009 |
|
Commencement of trading of Rights Entitlements |
3 December 2009 from 9.00 a.m |
|
Close of trading of Rights Entitlements |
11 December 2009 at 5.00 p.m |
|
Last date and time for acceptance of and payment for Rights Units |
17 December 2009 at 5.00 p.m (9.30 p.m. for Electronic Applications through ATMs of Participating Banks) |
|
Last date and time for application and payment for Excess Rights Units |
17 December 2009 at 5.00 p.m. (9.30 p.m. for Electronic Applications through ATMs of Participating Banks) |
|
Last date and time for acceptance of and payment by the renounce |
17 December 2009 at 5.00 p.m. |
|
Completion of the Acquisition and the expected date for issue of the Rights Units |
24 December 2009 |
|
Commencement of trading of Rights Units on the SGX-ST |
28 December 2009 from 9.00 a.m. |