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PR Newswire
23-10-2015, 04:23 PM
From SGX Announcement : The Board of Directors of Japan Residential Assets Manager Limited, the manager (the
“Manager”) of Saizen Real Estate Investment Trust (“Saizen REIT”), refers to its
announcements on 13 August 2015 and 8 September 2015 in relation to the establishment
of an independent evaluation committee (“Evaluation Committee”) and the appointment of
joint financial advisers to advise the Evaluation Committee respectively.
Further thereto, the Manager wishes to announce that the Manager has received a firm offer
in relation to the assets of Saizen REIT which the Evaluation Committee and the joint
financial advisers are currently reviewing and evaluating. No definitive agreements have
been entered into and there is no assurance that the offer will be accepted and that definitive
agreements will be entered into.
In the meantime, Unitholders are advised to exercise caution when dealing with the Units.
The Manager will update Unitholders on any material development in this regard by making
appropriate announcements in compliance with the listing rules of Singapore Exchange
Securities Trading Limited, as and when required.
Unitholders are advised to read this announcement and any subsequent announcements by
the Manager carefully.
“Manager”) of Saizen Real Estate Investment Trust (“Saizen REIT”), refers to its
announcements on 13 August 2015 and 8 September 2015 in relation to the establishment
of an independent evaluation committee (“Evaluation Committee”) and the appointment of
joint financial advisers to advise the Evaluation Committee respectively.
Further thereto, the Manager wishes to announce that the Manager has received a firm offer
in relation to the assets of Saizen REIT which the Evaluation Committee and the joint
financial advisers are currently reviewing and evaluating. No definitive agreements have
been entered into and there is no assurance that the offer will be accepted and that definitive
agreements will be entered into.
In the meantime, Unitholders are advised to exercise caution when dealing with the Units.
The Manager will update Unitholders on any material development in this regard by making
appropriate announcements in compliance with the listing rules of Singapore Exchange
Securities Trading Limited, as and when required.
Unitholders are advised to read this announcement and any subsequent announcements by
the Manager carefully.
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures