Update To Stapled Securityholders On COVID-19 Situation
|Announcement Title||General Announcement|
|Date & Time of Broadcast||Mar 25, 2020 19:27|
|Announcement Sub Title||UPDATE TO STAPLED SECURITYHOLDERS ON COVID-19 SITUATION|
|Submitted By (Co./ Ind. Name)||ARA Trust Management (USH) Pte. Ltd. / Ling Hong Liang|
|Description (Please provide a detailed description of the event in the box below)||Please see attached.
DBS Bank Ltd. was the Sole Issue Manager for the initial public offering of the stapled securities in ARA US Hospitality Trust (the Offering ). DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited were the Joint Financial Advisers and Joint Global Coordinators for the Offering. DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Credit Suisse (Singapore) Limited were the Joint Bookrunners and Underwriters for the Offering.