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Notice Of A Substantial Shareholder's Interest

BackAug 28, 2012
Part I
1. Date of notice to issuer 28/08/2012
2. Name of Substantial Shareholder DBS Group Holdings Ltd ("DBS Group Holdings")
3. Notice Type Notice of a New Substantial Shareholder's interest.
Part II
1. Date of change of Interest 27/08/2012
2. Name of Registered Holder (1) Golden Development Private Limited (2) DBS Nominees (Private) Limited (3) Hwang Investment Management Berhad
3. Circumstance(s) giving rise to the interest or change in interest # Others

(1) Deemed interest in 65,873,000 Stapled Securities

As stated in the prospectus dated 16 August 2012 issued in connection with the initial public offering (the Offering) of Far East Hospitality Trust (the Prospectus), Golden Development Private Limited has granted an over-allotment option (the Over-Allotment Option) exercisable by DBS Bank Ltd (the Stabilising Manager) in consultation with the Joint Bookrunners (as defined in the Prospectus), to acquire from Golden Development Private Limited up to an aggregate of 65,873,000 Stapled Securities at the Offering Price (as defined in the Prospectus), solely to cover the over-allotment of Stapled Securities (if any), subject to any applicable laws and regulations.

(2) Deemed interest in 592,000 Stapled Securities by virtue of Section 4(4) of the SFA

DBS Bank Ltd was allocated 592,000 Stapled Securities under the Placement Tranche.

DBS Bank Ltd is a wholly owned subsidiary of DBS Group Holdings. Accordingly, DBS Group Holdings is deemed to have an interest in the Stapled Securities held by DBS Bank Ltd and the Stapled Securities in which DBS Bank Ltd. is deemed to have an interest.

(3) Deemed interest in 50,387,000 Stapled Securities by virtue of Section 4(4) of the SFA

Hwang Investment Management Berhad was allocated 50,387,000 Stapled Securities under the Cornerstone Tranche and the Placement Tranche. DBS Bank Ltd has an interest of more than 20% in Hwang Investment Management Berhad. Accordingly, DBS Bank Ltd is deemed to have an interest in the Stapled Securities held by Hwang Investment Management Berhad.

DBS Bank Ltd., Goldman Sachs (Singapore) Pte. and The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch are the Joint Financial Advisers, Global Coordinators and Issue Managers for the Offering.
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 0
As a percentage of issued share capital 0.00 %
No. of Shares which are subject of this notice 116,852,000
As a percentage of issued share capital 7.29 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.93
No. of Shares held after the change 116,852,000
As a percentage of issued share capital 7.29 %
Part III - Not Required
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 0
As a percentage of issued share capital 0.00 % 0 %
No. of shares held after the change 0 116,852,000
As a percentage of issued share capital 0.00 % 7.29 %
Footnotes Note: The percentage figures shown above are based on the total number of issued Stapled Securities of Far East Hospitality Trust ("Far East H-Trust") as at 27 August 2012 of 1,603,888,000 Stapled Securities. Rounded to two decimal places. References to unit shall be taken to mean stapled securities in Far East H-Trust.