This printed article is located at https://sphreit.listedcompany.com/stock_insider.html

Insider Trades

Insider Trades Filter

Buyer/Seller : 

Year :         Type :      

Quotes Delayed 10 Minutes Updated: 05 Dec 2022 15:15
SGX Symbol : SK6U Currency : SGD
Last Done : 0.895 Volume ('000) : 223.5
Change : -0.005 % Change : -0.6
Day's Range : 0.895 - 0.900 52 Weeks' Range : 0.790 - 1.030

Announce Date [Date of Effective Change] Buyer/ Seller Name [Type*] S/ W/ U ** Bought/ (Sold) ('000) Price ($) After Trade Note
No. of Shares ('000) *** % Held ***
28/10/22
[28/10/22]
SPH REIT MANAGEMENT PTE. LTD. (the "Manager") [TMRP] S/U 2,851  - 120,568 4.29 note
Remarks
Acquisition of Securities as part of management, acquisition and/or divestment fees paid by the Listed Issuer

Immediately after the transaction
No. of ordinary voting shares/units held: 120567776 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 4.28900000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of unitholdings before the change is computed based on 2,808,000,242 units in issue as at 28 July 2022.
The percentage of unitholdings after the change is computed based on 2,810,850,807 units in issue as at 28 October 2022.

IMPORTANT NOTICE

This announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for Units.

The value of Units and the income derived from them, if any, may fall or rise. Units are not obligations of, deposits in, or guaranteed by the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.

Investors should note that they will have no right to request the Manager to redeem or purchase their Units for so long as the Units are listed on Singapore Exchange Securities Trading Limited (the "SGX-ST"). It is intended that Unitholders may only deal in their Units through trading on the SGX-ST. The listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.
28/07/22
[28/07/22]
SPH REIT MANAGEMENT PTE. LTD. (the "Manager") [TMRP] S/U 2,846  - 117,717 4.19 note
Remarks
Acquisition of Securities as part of management, acquisition and/or divestment fees paid by the Listed Issuer

Immediately after the transaction
No. of ordinary voting shares/units held: 117717211 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 4.19200000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of unitholdings before the change is computed based on 2,805,154,004 units in issue as at 12 May 2022.
The percentage of unitholdings after the change is computed based on 2,808,000,242 units in issue as at 28 July 2022.

IMPORTANT NOTICE

This announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for Units.

The value of Units and the income derived from them, if any, may fall or rise. Units are not obligations of, deposits in, or guaranteed by the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.

Investors should note that they will have no right to request the Manager to redeem or purchase their Units for so long as the Units are listed on Singapore Exchange Securities Trading Limited (the "SGX-ST"). It is intended that Unitholders may only deal in their Units through trading on the SGX-ST. The listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.
05/07/22
[30/06/22]
City Fairy Limited [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
Reference is made to the Offer Document in relation to the Chain Offer by Morgan Stanley Asia (Singapore) Pte., for and on behalf of Cuscaden, to acquire all the Units at S$0.9372 in cash for each Offer Unit (as defined in the Offer Document). The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

HPL is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

TSPL has an interest of more than 20% in Cuscaden. HPL is the majority shareholder of TSPL. HPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA.

Total deemed interest of HPL 61.06%

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
05/07/22
[30/06/22]
Nassim Developments Pte. Ltd. [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
Reference is made to the offer document dated 19 May 2022 ("Offer Document") in relation to the mandatory cash offer (the "Chain Offer") by Morgan Stanley Asia (Singapore) Pte., for and on behalf of Cuscaden Peak Pte. Ltd. ("Cuscaden" or the "Offeror"), to acquire all the issued and outstanding units in SPH REIT ("Units"), at S$0.9372 in cash for each Offer Unit (as defined in the Offer Document). The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

Hotel Properties Limited ("HPL") is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Peak Two Pte. Ltd. ("Cuscaden Two") 14.36%

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through Times Properties Private Limited ("TPPL") 20.59%
(i) TPR Holdings Pte. Ltd. ("TPR") owns approximately 16.49% of the Units.
(ii) SPH REIT Management Pte. Ltd. (the "REIT Manager") owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of Singapore Press Holdings Limited ("SPH").
(vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

Tiga Stars Pte. Ltd. ("TSPL") has an interest of more than 20% in Cuscaden. HPL is the majority shareholder of TSPL. HPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore ("SFA").

Total deemed interest of HPL 61.06%

Nassim Developments Pte. Ltd. ("Nassim") has an interest of 22.5% in HPL. Nassim is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
05/07/22
[30/06/22]
WI Investments (Singapore) Pte. Ltd. [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
Reference is made to the Offer Document in relation to the Chain Offer by Morgan Stanley Asia (Singapore) Pte., for and on behalf of Cuscaden, to acquire all the Units at S$0.9372 in cash for each Offer Unit (as defined in the Offer Document). The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

HPL is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

TSPL has an interest of more than 20% in Cuscaden. HPL is the majority shareholder of TSPL. HPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA.

Total deemed interest of HPL 61.06%

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. ("WII"). WII is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
05/07/22
[30/06/22]
Wheelock Investments Limited [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
Reference is made to the Offer Document in relation to the Chain Offer by Morgan Stanley Asia (Singapore) Pte., for and on behalf of Cuscaden, to acquire all the Units at S$0.9372 in cash for each Offer Unit (as defined in the Offer Document). The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

HPL is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

TSPL has an interest of more than 20% in Cuscaden. HPL is the majority shareholder of TSPL. HPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA.

Total deemed interest of HPL 61.06%

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII. WII is a wholly-owned subsidiary of CFL which in turn is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
05/07/22
[30/06/22]
Wheelock and Company Limited [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
Reference is made to the Offer Document in relation to the Chain Offer by Morgan Stanley Asia (Singapore) Pte., for and on behalf of Cuscaden, to acquire all the Units at S$0.9372 in cash for each Offer Unit (as defined in the Offer Document). The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

HPL is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

TSPL has an interest of more than 20% in Cuscaden. HPL is the majority shareholder of TSPL. HPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA.

Total deemed interest of HPL 61.06%

Nassim has an interest of 22.5% in HPL. Nassim is a wholly-owned subsidiary of WII. WII is a wholly-owned subsidiary of CFL which in turn is a wholly-owned subsidiary of WIL. WIL is a wholly-owned subsidiary of Wheelock and Company Limited ("WCL"). WCL is therefore deemed to have an interest in the Units that HPL has an interest in pursuant to Section 4 of the SFA.

Nassim Developments Pte. Ltd. is a wholly-owned subsidiary of WI Investments (Singapore) Pte. Ltd. which in turn is a wholly-owned subsidiary of City Fairy Limited ("CFL"). CFL is a wholly-owned subsidiary of Wheelock Investments Limited ("WIL"). WIL is a wholly-owned subsidiary of Wheelock and Company Limited.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
Bartley Investments Pte. Ltd. [SSH] S/U 402,882  - 1,712,798 61.05 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.05000000 (Deemed Interest)
Bartley Investments Pte. Ltd. ("Bartley") does not have any direct interest in the Units.

Bartley is filing this notice to disclose a change in the percentage level of its deemed interest in the Units from 46.69% to 61.05% in connection with the Chain Offer. The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two.

Bartley is deemed to have an interest in 61.05% of the Units through Cuscaden.

Bartley's deemed interest in the Units in which Cuscaden has an interest in arises as a result of:
(i) APL has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA.
(iii) CLA is a subsidiary of TJ(III).
(iv) TJ(III) is a subsidiary of Glenville.
(v) Glenville is a subsidiary of Mawson.
(vi) Mawson is a subsidiary of Bartley.

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 2,805,154,004 Units.

In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
Fullerton Management Pte Ltd [SSH] S/U 402,882  - 1,712,798 61.05 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.05000000 (Deemed Interest)
Fullerton Management Pte Ltd ("Fullerton") does not have any direct interest in the Units.

Fullerton is filing this notice to disclose a change in the percentage level of its deemed interest in the Units from 46.69% to 61.05% in connection with the Chain Offer. The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two.

Fullerton is deemed to have an interest in 61.05% of the Units through Cuscaden.

Fullerton's deemed interest in the Units in which Cuscaden has an interest in arises as a result of:
(i) Mapletree Fortress Pte. Ltd. ("MFPL") has an interest of more than 20% of Cuscaden.
(ii) MFPL is a subsidiary of Gemstone Asset Holdings Pte. Ltd. ("GAH").
(iii) GAH is a subsidiary of Mapletree Investments Pte Ltd ("MIPL").
(iv) MIPL is a subsidiary of Fullerton.

Fullerton Management Pte Ltd is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 2,805,154,004 Units.

In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
Glenville Investments Pte. Ltd. [SSH] S/U 402,882  - 1,712,798 61.05 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.05000000 (Deemed Interest)
Glenville Investments Pte. Ltd. ("Glenville") does not have any direct interest in the Units.

Glenville is filing this notice to disclose a change in the percentage level of its deemed interest in the Units from 46.69% to 61.05% in connection with the Chain Offer. The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two.

Glenville is deemed to have an interest in 61.05% of the Units through Cuscaden.

Glenville's deemed interest in the Units in which Cuscaden has an interest in arises as a result of:
(i) APL has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA.
(iii) CLA is a subsidiary of TJ(III).
(iv) TJ(III) is a subsidiary of Glenville.

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 2,805,154,004 Units.

In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
Mawson Peak Holdings Pte. Ltd. [SSH] S/U 402,882  - 1,712,798 61.05 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.05000000 (Deemed Interest)
Mawson Peak Holdings Pte. Ltd. ("Mawson") does not have any direct interest in the Units.

Mawson is filing this notice to disclose a change in the percentage level of its deemed interest in the Units from 46.69% to 61.05% in connection with the Chain Offer. The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two.

Mawson is deemed to have an interest in 61.05% of the Units through Cuscaden.

Mawson's deemed interest in the Units in which Cuscaden has an interest in arises as a result of:
(i) APL has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA.
(iii) CLA is a subsidiary of TJ(III).
(iv) TJ(III) is a subsidiary of Glenville.
(v) Glenville is a subsidiary of Mawson.

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 2,805,154,004 Units.

In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
TJ Holdings (III) Pte. Ltd. [SSH] S/U 402,882  - 1,712,798 61.05 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.05000000 (Deemed Interest)
TJ Holdings (III) Pte. Ltd. ("TJ(III)") does not have any direct interest in the units of SPH REIT (the "Units").

TJ(III) is filing this notice to disclose a change in the percentage level of its deemed interest in Units from 46.69% to 61.05% in connection with the mandatory cash offer (the "Chain Offer") by Morgan Stanley Asia (Singapore) Pte., for and on behalf of Cuscaden Peak Pte. Ltd. ("Cuscaden" or the "Offeror"), to acquire all the issued and outstanding units in SPH REIT ("Units"), at S$0.9372 in cash for each Offer Unit (as defined in the offer document dated 19 May 2022 ("Offer Document") in relation to the Chain Offer). The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Peak Two Pte. Ltd. ("Cuscaden Two").

TJ(III) is deemed to have an interest in 61.05% of the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

Pursuant to the Chain Offer, the Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through Times Properties Private Limited ("TPPL") 20.59%
(i) TPR Holdings Pte. Ltd. ("TPR") owns approximately 16.490% of the Units.
(ii) SPH REIT Management Pte. Ltd. (the "REIT Manager") owns approximately 4.094% of the Units.
(iii) TPPL owns approximately 0.006% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of Singapore Press Holdings Limited ("SPH").
(vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held on its behalf by DBS (Nominees) Private Limited 26.10%

Total deemed interest of TJ(III) 61.05%

TJ(III)'s deemed interest in the Units in which Cuscaden has an interest in arises as follows:
(i) Adenium Pte. Ltd. ("APL") has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA Real Estate Holdings Pte. Ltd. ("CLA").
(iii) CLA is a subsidiary of TJ(III).

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 2,805,154,004 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
Temasek Holdings (Private) Limited [SSH] S/U 386,882  - 1,713,313 61.07 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1713312988 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.07000000 (Deemed Interest)
Temasek Holdings (Private) Limited ("Temasek") does not have any direct interest in the Units.

Temasek is filing this notification form to disclose a change in the percentage level of its deemed interest in Units from 47.28% to 61.07% in connection with the Chain Offer. The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two.

Immediately prior to the Chain Offer, Temasek was deemed interest in 47.28% of the Units through Fullerton (Private) Limited ("FPL"), DBS Group Holdings Ltd ("DBSH") and Cuscaden. DBSH has accepted the Chain Offer.

Immediately after the Chain Offer, Temasek's deemed interest in the Units arises as follows:

(A) Temasek is deemed to have an interest in 61.05% of the Units through Cuscaden.

Temasek's deemed interest in the Units in which Cuscaden has an interest in arises as a result of:
In respect of TJ(III)
(i) APL has an interest of more than 20% of Cuscaden.
(ii) APL is a subsidiary of CLA.
(iii) CLA is a subsidiary of TJ(III).
(iv) TJ(III) is a subsidiary of Glenville.
(v) Glenville is a subsidiary of Mawson.
(vi) Mawson is a subsidiary of Bartley.
(vii) Bartley is a subsidiary of Tembusu.

In respect of Fullerton:
(i) MFPL has an interest of more than 20% of Cuscaden.
(ii) MFPL is a subsidiary of GAH.
(iii) GAH is a subsidiary of MIPL.
(iv) MIPL is a subsidiary of Fullerton.

(B) Temasek's deemed interest through FPL 0.01%
(i) FPL has an interest in 0.01% of Units.
(ii) FPL is a subsidiary of Temasek.

Total deemed interest of Temasek 61.07%

DBSH is an independently managed Temasek portfolio company. Temasek is not involved in its business or operating decisions, including those regarding their positions in Units.

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.
(vi) Fullerton Management Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 2,805,154,004 Units.

In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
Tembusu Capital Pte. Ltd. [SSH] S/U 402,882  - 1,712,798 61.05 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.05000000 (Deemed Interest)
Tembusu Capital Pte. Ltd. ("Tembusu") does not have any direct interest in the Units.

Tembusu is filing this notice to disclose a change in the percentage level of its deemed interest in the Units from 46.69% to 61.05% in connection with the Chain Offer. The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two.

Tembusu is deemed to have an interest in 61.05% of the Units through Cuscaden.

Tembusu's deemed interest in the Units in which Cuscaden has an interest in arises as a result of:
(i) APL has an interest of more than 20% of Cuscaden
(ii) APL is a subsidiary of CLA.
(iii) CLA is a subsidiary of TJ(III).
(iv) TJ(III) is a subsidiary of Glenville.
(v) Glenville is a subsidiary of Mawson.
(vi) Mawson is a subsidiary of Bartley.
(vii) Bartley is a subsidiary of Tembusu.

(i) TJ Holdings (III) Pte. Ltd. is a subsidiary of Glenville Investments Pte. Ltd.
(ii) Glenville Investments Pte. Ltd. is a subsidiary of Mawson Peak Holdings Pte. Ltd.
(iii) Mawson Peak Holdings Pte. Ltd. is a subsidiary of Bartley Investments Pte. Ltd.
(iv) Bartley Investments Pte. Ltd. is a subsidiary of Tembusu Capital Pte. Ltd.
(v) Tembusu Capital Pte. Ltd. is a subsidiary of Temasek Holdings (Private) Limited.

The percentage of interest is calculated on the basis of 2,805,154,004 Units.

In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
68 HOLDINGS PTE. LTD. [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
68H is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

Pursuant to the Chain Offer, the Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interest in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

68H holds directly 34.35% of the shares in HPL, which is in turn the majority shareholder of TSPL. TSPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA. 68H is therefore deemed to be interested in the Units that Cuscaden has an interest in.

Total deemed interest of 68H 61.06%

(i) TSPL is a subsidiary of HPL and an associated company of CHI.
(ii) 68H holds approximately 34.35% of the shares in HPL.
(iii) Cuscaden Partners is deemed to have an interest in the shares in HPL held by 68H.
(iv) Mr Ong Beng Seng holds approximately 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68H, his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of CHI.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
COMO HOLDINGS INC. [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
CHI is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

Pursuant to the Chain Offer, the Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interest in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

Mr Ong Beng Seng is the sole shareholder of CHI. CHI is therefore an associate of Mr Ong Beng Seng. CHI also holds an interest of more than 20% in TSPL. TSPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA. Mr Ong Beng Seng (and for completeness, CHI) are therefore deemed to be interested in the Units that Cuscaden has an interest in.

Total deemed interest of CHI 61.06%

(i) TSPL is a subsidiary of HPL and an associated company of CHI.
(ii) 68H holds approximately 34.35% of the shares in HPL.
(iii) Cuscaden Partners is deemed to have an interest in the shares in HPL held by 68H.
(iv) Mr Ong Beng Seng holds approximately 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68H, his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of CHI.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
CUSCADEN PARTNERS PTE. LTD. [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
Cuscaden Partners is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

Pursuant to the Chain Offer, the Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interest in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

Cuscaden Partners is deemed to have an interest in the 34.35% of shares in HPL held by 68H. HPL is in turn the majority shareholder of TSPL. TSPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA. Cuscaden Partners is therefore deemed to be interested in the Units that Cuscaden has an interest in.

Total deemed interest of Cuscaden Partners 61.06%

(i) TSPL is a subsidiary of HPL and an associated company of CHI.
(ii) 68H holds approximately 34.35% of the shares in HPL.
(iii) Cuscaden Partners is deemed to have an interest in the shares in HPL held by 68H.
(iv) Mr Ong Beng Seng holds approximately 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68H, his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of CHI.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
HOTEL PROPERTIES LIMITED [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
HPL is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

Pursuant to the Chain Offer, the Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interest in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

HPL is the majority shareholder of TSPL, which is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA. HPL is therefore deemed to be interested in the Units that Cuscaden has an interest in.

Total deemed interest of HPL 61.06%

(i) TSPL is a subsidiary of HPL and an associated company of CHI.
(ii) 68H holds approximately 34.35% of the shares in HPL.
(iii) Cuscaden Partners is deemed to have an interest in the shares in HPL held by 68H.
(iv) Mr Ong Beng Seng holds approximately 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68H, his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of CHI.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
ONG BENG SENG [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
Mr Ong Beng Seng is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

Pursuant to the Chain Offer, the Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through TPPL 20.59%
(i) TPR owns approximately 16.49% of the Units.
(ii) The REIT Manager owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of SPH.
(vi) SPH is deemed to be interest in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

Mr Ong Beng Seng holds directly 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68H, his spouse and Reef Holdings Pte. Ltd. HPL is in turn the majority shareholder of TSPL. In addition, Mr Ong Beng Seng is the sole shareholder of CHI. CHI is therefore an associate of Mr Ong Beng Seng. CHI holds an interest of more than 20% in TSPL. TSPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the SFA. Mr Ong Beng Seng is therefore deemed to be interested in the Units that Cuscaden has an interest in.

Total deemed interest of Mr Ong Beng Seng 61.06%

(i) TSPL is a subsidiary of HPL and an associated company of CHI.
(ii) 68H holds approximately 34.35% of the shares in HPL.
(iii) Cuscaden Partners is deemed to have an interest in the shares in HPL held by 68H.
(iv) Mr Ong Beng Seng holds approximately 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68H, his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of CHI.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
04/07/22
[30/06/22]
TIGA STARS PTE. LTD. [SSH] S/U 402,882  - 1,712,798 61.06 note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 1712798229 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 61.06000000 (Deemed Interest)
Reference is made to the offer document dated 19 May 2022 ("Offer Document") in relation to the mandatory cash offer (the "Chain Offer") by Morgan Stanley Asia (Singapore) Pte., for and on behalf of Cuscaden Peak Pte. Ltd. ("Cuscaden" or the "Offeror"), to acquire all the issued and outstanding units in SPH REIT ("Units"), at S$0.9372 in cash for each Offer Unit (as defined in the Offer Document). The Chain Offer had become and was declared unconditional in all respects on 1 June 2022.

The Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units pursuant to the Chain Offer, during the period of the Chain Offer from 19 May 2022 to 30 June 2022. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Peak Two Pte. Ltd. ("Cuscaden Two").

Tiga Stars Pte. Ltd. ("TSPL") is deemed to have an interest in the Units through Cuscaden as follows:

(A) Cuscaden's deemed interest through Cuscaden Two 14.36%

Pursuant to the Chain Offer, the Offeror had received valid acceptances in respect of an aggregate of 402,882,246 Units. As set out in the Offer Document, the Offeror will direct that all Offer Units (as defined in the Offer Document) tendered in acceptance of the Chain Offer be tendered to Cuscaden Two, a wholly-owned subsidiary of Cuscaden.

(B) Cuscaden's aggregate deemed interest through Times Properties Private Limited ("TPPL") 20.59%
(i) TPR Holdings Pte. Ltd. ("TPR") owns approximately 16.49% of the Units.
(ii) SPH REIT Management Pte. Ltd. (the "REIT Manager") owns approximately 4.09% of the Units.
(iii) TPPL owns approximately 0.01% of the Units.
(iv) TPR and the REIT Manager are subsidiaries of TPPL.
(v) TPPL is a subsidiary of Singapore Press Holdings Limited ("SPH").
(vi) SPH is deemed to be interest in the Units that TPPL, TPR and the REIT Manager have an interest in.
(vii) SPH is a subsidiary of Cuscaden.
(viii) Cuscaden is deemed to have an interest in the Units that SPH has an interest in.

(C) Cuscaden's deemed interest in the Units held through DBS (Nominees) Private Limited 26.11%

TSPL is deemed to have an interest in the Units that Cuscaden has an interest in pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore ("SFA"), as TSPL has an interest of more than 20% of Cuscaden.

Total deemed interest of TSPL 61.06%

(i) TSPL is a subsidiary of Hotel Properties Limited ("HPL") and an associated company of Como Holdings Inc.("CHI").
(ii) 68 Holdings Pte. Ltd. ("68H") holds approximately 34.35% of the shares in HPL.
(iii) Cuscaden Partners Pte. Ltd. ("Cuscaden Partners") is deemed to have an interest in the shares held by 68H.
(iv) Mr Ong Beng Seng holds approximately 21.07% of the shares in HPL and is deemed interested in the shares of HPL held by 68H, his spouse and Reef Holdings Pte. Ltd. Mr Ong Beng Seng is also the sole shareholder of CHI.

The percentage unitholdings are computed based on 2,805,154,004 Units. Any discrepancies in the percentages listed and totals thereof are due to rounding. All total figures are automatically inserted electronically.
* DIR - Director (include Directors of related companies)
SSH - Substantial Shareholder
COY - Company Share Buyback
TMRP - Trustee-Manager/Responsible Person
** S - Shares
W - Warrants
U - Units
R - Rights
*** Direct & Deemed Interests

Notes

  1. Only trades by directors, substantial shareholders and company share buy back are included in Insider Trades.