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MISCELLANEOUS
Page 1 of 1
Print this page Miscellaneous * Asterisks denote mandatory information Name of Announcer * Company Registration No. Announcement submitted on behalf of Announcement respect to * is submitted with CDL HOSPITALITY TRUSTS N.A. CDL HOSPITALITY TRUSTS
CDL HOSPITALITY TRUSTS
Announcement is submitted by * Designation *
Enid Ling Peek Fong Company Secretary, M&C REIT Management Limited (as manager of CDL Hospitality Real Estate Investment Trust) and M&C Business Trust Management Limited (as trustee-manager of CDL Hospitality Business Trust) 03-May-2012 17:18:49 00053
Date & Time of Broadcast Announcement No.
>> Announcement Details The details of the announcement start here ... Announcement Title * Description Classification Of CDL Hospitality Trusts As An Excluded Investment Product Please see attached.
Attachments
Classification_EIP.pdf
Total size = 16K (2048K size limit recommended)
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https://www1.sgxnet.sgx.com/sgxnet/LCAnncSubmission.nsf/vwprint/B3FD3E3A1584... 3/05/2012
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)
CLASSIFICATION OF CDL HOSPITALITY TRUSTS AS AN EXCLUDED INVESTMENT PRODUCT M&C REIT Management Limited, as manager of CDL Hospitality Real Estate Investment Trust (“HREIT”), and M&C Business Trust Management Limited, as trustee-manager of CDL Hospitality Business Trust (“HBT”), wish to announce that further to feedback provided to the Monetary Authority of Singapore (the “MAS”) that there was some uncertainty over whether stapled securities of CDL Hospitality Trusts (each comprising a unit of H-REIT and a unit of HBT) should be treated as a “Specified Investment Product” (“SIP”) or “Excluded Investment Product” (“EIP”) for the purpose of the “Notice on the Sale of Investment Products” (Notice No. SFA 04-N12) issued by MAS on 28 July 2011 (last updated on 1 January 2012) (the “Notice”), the MAS has clarified that where the components of a stapled security are all EIPs, the stapled security itself should be treated as an EIP. M&C REIT Management Limited, as manager of H-REIT, and M&C Business Trust Management Limited, as trustee-manager of HBT, therefore wish to announce that as units of H-REIT (being a real estate investment trust) and units of HBT (being a business trust) are treated as EIPs, therefore stapled securities of CDL Hospitality Trusts should be treated as EIPs. This status is reflected in the “SIP” column (which does not contain the SIP indicative symbol) of the listing of CDL Hospitality Trusts on the SGX web-site, accessible at: http://www.sgx.com/wps/portal/sgxweb/home/marketinfo/securities/stocks A copy of the Notice is available at the MAS web-site: http://www.mas.gov.sg/legislation_guidelines/securities_futures/sub_legislation/SFA_Notices.html
BY ORDER OF THE BOARD Enid Ling Peek Fong Company Secretary M&C REIT Management Limited (Company Registration Number 200607091Z) as manager of CDL Hospitality Real Estate Investment Trust 3 May 2012 BY ORDER OF THE BOARD Enid Ling Peek Fong Company Secretary M&C Business Trust Management Limited (Company Registration Number 200607118H) as trustee-manager of CDL Hospitality Business Trust 3 May 2012
IMPORTANT NOTICE The value of Stapled Securities and the income derived from them may fall as well as rise. Stapled Securities are not obligations of, deposits in, or guaranteed by, the H-REIT Manager, the HBT Trustee-Manager or any of their respective 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 H-REIT Manager and the HBT Trustee-Manager redeem or purchase their Stapled Securities while the Stapled Securities are listed. It is intended that the holders of Stapled Securities may only deal in their Stapled Securities through trading on 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.
MISCELLANEOUS
Page 1 of 1
Print this page Miscellaneous * Asterisks denote mandatory information Name of Announcer * Company Registration No. Announcement submitted on behalf of Announcement respect to * is submitted with CDL HOSPITALITY TRUSTS N.A. CDL HOSPITALITY TRUSTS
CDL HOSPITALITY TRUSTS
Announcement is submitted by * Designation *
Enid Ling Peek Fong Company Secretary, M&C REIT Management Limited (as manager of CDL Hospitality Real Estate Investment Trust) and M&C Business Trust Management Limited (as trustee-manager of CDL Hospitality Business Trust) 03-May-2012 17:18:49 00053
Date & Time of Broadcast Announcement No.
>> Announcement Details The details of the announcement start here ... Announcement Title * Description Classification Of CDL Hospitality Trusts As An Excluded Investment Product Please see attached.
Attachments
Classification_EIP.pdf
Total size = 16K (2048K size limit recommended)
Close Window
https://www1.sgxnet.sgx.com/sgxnet/LCAnncSubmission.nsf/vwprint/B3FD3E3A1584... 3/05/2012
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)
CLASSIFICATION OF CDL HOSPITALITY TRUSTS AS AN EXCLUDED INVESTMENT PRODUCT M&C REIT Management Limited, as manager of CDL Hospitality Real Estate Investment Trust (“HREIT”), and M&C Business Trust Management Limited, as trustee-manager of CDL Hospitality Business Trust (“HBT”), wish to announce that further to feedback provided to the Monetary Authority of Singapore (the “MAS”) that there was some uncertainty over whether stapled securities of CDL Hospitality Trusts (each comprising a unit of H-REIT and a unit of HBT) should be treated as a “Specified Investment Product” (“SIP”) or “Excluded Investment Product” (“EIP”) for the purpose of the “Notice on the Sale of Investment Products” (Notice No. SFA 04-N12) issued by MAS on 28 July 2011 (last updated on 1 January 2012) (the “Notice”), the MAS has clarified that where the components of a stapled security are all EIPs, the stapled security itself should be treated as an EIP. M&C REIT Management Limited, as manager of H-REIT, and M&C Business Trust Management Limited, as trustee-manager of HBT, therefore wish to announce that as units of H-REIT (being a real estate investment trust) and units of HBT (being a business trust) are treated as EIPs, therefore stapled securities of CDL Hospitality Trusts should be treated as EIPs. This status is reflected in the “SIP” column (which does not contain the SIP indicative symbol) of the listing of CDL Hospitality Trusts on the SGX web-site, accessible at: http://www.sgx.com/wps/portal/sgxweb/home/marketinfo/securities/stocks A copy of the Notice is available at the MAS web-site: http://www.mas.gov.sg/legislation_guidelines/securities_futures/sub_legislation/SFA_Notices.html
BY ORDER OF THE BOARD Enid Ling Peek Fong Company Secretary M&C REIT Management Limited (Company Registration Number 200607091Z) as manager of CDL Hospitality Real Estate Investment Trust 3 May 2012 BY ORDER OF THE BOARD Enid Ling Peek Fong Company Secretary M&C Business Trust Management Limited (Company Registration Number 200607118H) as trustee-manager of CDL Hospitality Business Trust 3 May 2012
IMPORTANT NOTICE The value of Stapled Securities and the income derived from them may fall as well as rise. Stapled Securities are not obligations of, deposits in, or guaranteed by, the H-REIT Manager, the HBT Trustee-Manager or any of their respective 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 H-REIT Manager and the HBT Trustee-Manager redeem or purchase their Stapled Securities while the Stapled Securities are listed. It is intended that the holders of Stapled Securities may only deal in their Stapled Securities through trading on 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.
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