General Announcement::Announcement by CDL Hospitality Trusts, an associate of M... Page 1 of 1
GENERAL ANNOUNCEMENT::ANNOUNCEMENT BY CDL HOSPITALITY TRUSTS, AN ASSOCIATE OF MILLENNIUM & COPTHORNE HOTELS PLC
Issuer & Securities
Issuer/ Manager
CITY DEVELOPMENTS LIMITED
Securities
CITY DEVELOPMENTS LIMITED - SG1R89002252 - C09
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
01-Oct-2019 18:20:25
Status
New
Announcement Sub Title
Announcement by CDL Hospitality Trusts, an associate of Millennium & Copthorne Hotels plc
Announcement Reference
SG191001OTHRRUSB
Submitted By (Co./ Ind. Name)
Enid Ling Peek Fong
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
CDL Hospitality Trusts, an associate of Millennium & Copthorne Hotels plc has on 1 October 2019 issued an announcement relating to the Notification on Dissolution of Subsidiary to Singapore Exchange Securities Trading Limited.
For details, please refer to the announcement posted by CDL Hospitality Trusts on the SGX website, www.sgx.com
https://links.sgx.com/1.0.0/corporate-announcements/8DGW3M5QY8UBHGVO/deed... 1/10/2019
Change - Change in Corporate Information::Notification on Dissolution of Subsidiary | Page 1 of 2 |
CHANGE - CHANGE IN CORPORATE INFORMATION::NOTIFICATION ON DISSOLUTION OF SUBSIDIARY
Issuer
Issuer/ Manager
M&C REIT MANAGEMENT LIMITED
Announcement Details
Announcement Title
Change - Change in Corporate Information
Date &Time of Broadcast
01-Oct-2019 18:08:09
Status
New
Announcement Sub Title
Notification on Dissolution of Subsidiary
Announcement Reference
SG191001OTHR73TZ
Submitted By (Co./ Ind. Name)
Soo Lai Sun
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see the attached document.
Place Of Incorporation
Existing
Singapore
New
Registered Address
Existing | New |
Attachments
CDLHT-Dissolution%20CDLHT%20Two%20Ltd.011019.pdf
https://links.sgx.com/1.0.0/corporate-announcements/DEXHNJKJER7M2KT1/26df023... 1/10/2019
Change - Change in Corporate Information::Notification on Dissolution of Subsidiary | Page 2 of 2 |
Total size =69K MB
https://links.sgx.com/1.0.0/corporate-announcements/DEXHNJKJER7M2KT1/26df023... 1/10/2019
A stapled group comprising:
CDL HOSPITALITY REAL ESTATE INVESTMENT TRUST
(a real estate investment trust constituted on 8 June 2006 under the laws of the Republic of Singapore)
CDL HOSPITALITY BUSINESS TRUST
(a business trust constituted on 12 June 2006 under the laws of the Republic of Singapore)
NOTIFICATION ON DISSOLUTION OF SUBSIDIARY
The Board of Directors of M&C REIT Management Limited (the "MRM"), as manager of CDL Hospitality Real Estate Investment Trust ("H-REIT") (the "H-REITManager"), and M&C Business Trust Management Limited ("MBTM"), as trustee-manager of CDL Hospitality Business Trust ("HBT") (the "HBT Trustee-Manager"), wish to announce that CDLHT Two Ltd, a dormant indirect wholly- owned subsidiary of DBS Trustee Limited (in its capacity as trustee of H-REIT), has been dissolved with effect from 20 August 2019.
BY ORDER OF THE BOARD
Soo Lai Sun Company Secretary
M&C REIT Management Limited
(Company Registration Number 200607091Z)
as manager of CDL Hospitality Real Estate Investment Trust 1 October 2019
BY ORDER OF THE BOARD
Soo Lai Sun Company Secretary
M&C Business Trust Management Limited (Company Registration Number 200607118H)
as trustee-manager of CDL Hospitality Business Trust 1 October 2019
IMPORTANT NOTICE
This announcement may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representatives examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other companies, shifts in customer demands, customers and partners, changes in operating expenses (including employee wages, benefits and training costs, governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of the REIT Manager and the Trustee-Manager (together with the REIT Manager, the "Managers") on future events.
The value of the stapled securities in CDLHT (the "Stapled Securities") and the income derived from them, may fall or rise. Stapled Securities are not obligations of, deposits in, or guaranteed by, the Managers or any of its affiliates. An investment in Stapled Securities is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request that the Managers redeem or purchase their Stapled Securities while the Stapled Securities are listed. It is intended that holders of Stapled Securities may only deal in their Stapled Securities through trading on the Singapore Exchange Securities Trading Limited ("SGX-ST"). Listing of the Stapled Securities on the SGX-ST does not guarantee a liquid market for the Stapled Securities.
The past performance of CDLHT is not necessarily indicative of the future performance of CDLHT.
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Attachments
- Original document
- Permalink
Disclaimer
CDL - City Developments Ltd. published this content on 01 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2019 11:22:04 UTC