28 Apr 2017 19:04:00
Book closing date for determining the right of existing trust unitholders to subscribe for additional unit trusts for the capital increase (Edit)
Fund's increasing capital Subject : Fund's increasing capital Date announced : 01-Nov-2016 Allocated to : - Unitholders Record date for the right to subscribe : 12-May-2017 additional investment units (New) Book closing date for collecting : 15-May-2017 unitholders names under Section 225 of the Securities and Exchange Act (New) Ex-rights date (XR) (New) : 09-May-2017 Allocated to : - Private placement Person(s) receiving allotment(s) :1. Land and Houses Public Company Limited ("LH") (A major shareholder of the lessor to the trust) and/or affiliated companies and/or related parties 2. GIC Pte Ltd which is Reco Resorts Pte Ltd subsidiary (A major shareholder of the lessor to the trust) and/or affiliated companies and/or related parties Allocated to : - Public offering Remark (Update) : Reference is made to the resolution of Extraordinary General Meeting of Trust Unitholders' Meeting No. 1/2016 on 1 November 2016 of LH Hotel Leasehold Real Estate Investment Trust (LHHOTEL) to approve the Trust to proceed the capital increase through the issuance and offer for sale of additional trust units of the Trust in the amount not exceeding 388,740,000 Units. The additional trust units to be offered are divided into three portions as follows: First Portion: To offer not less than 50 percentage of all trust units issued and offered for sale for this increase of capital to existing trust unitholders (Rights Offering). Second Portion: To offer the outstanding additional trust units after the offering to the existing trust unitholders to Shareholders of the lessor and/or affiliated companies and/or related parties, which is divided as follows: 1. Offering to Land and Houses Public Company Limited ("LH") (A major shareholder of the lessor to the trust) and/or affiliated companies and/or related parties in the amount not exceeding 20 percentage of the total issuance or 77,748,000 units. 2. Offering to GIC Pte Ltd which is Reco Resorts Pte Ltd subsidiary (A major shareholder of the lessor to the trust) and/or affiliated companies and/or related parties in the amount not exceeding 6 percentage of the total issuance or 23,324,400 units. Third Portion: To offer the outstanding additional trust units after the offering to the previous first and second portions to the general public (Public Offering). As Securities and Exchange Commission ("SEC Office") has approved the registration statement for offing the trust units and draft prospectus for the capital increase ("the registration statement") on 28 April 2017. In this regard, the meeting of the Board of Directors of Land and House Fund Management Co., Ltd. ("Company") in its capacity of the REIT Manager of LHHOTEL Trust on 28 April 2017 passed a resolution to determine the date on which the trust unitholders entitled to subscribe for the additional trust units on 12 May 2017 (Record Date) and the date on which the name list of trust unitholders is compiled under Section 225 of the Securities and Exchange Act B.E. 2535 by closing the trust unit register book on 15 May 2017 (Book Closing Date). The Company will notify the right ratio and the offering price in due course. ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.