Insider Trades Filter
| 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 *** | ||||||
| 21/03/24 [21/03/24] |
Sasseur (BVI) Holding II Limited [SSH] | S/U | 3,022 | - | 710,805 | 57.06 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,022,032 Units as payment of the base fee component of the management fee for the period from 1 October 2023 to 31 December 2023. This has resulted a change in the percentage level of interest of the Substantial Unitholders giving notice under this notiication. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 710804685 (Deemed Interest) |
| 21/03/24 [21/03/24] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 3,022 | 0.683 | 30,759 | 2.47 | Disclosure
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: 30759185 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 3,022,032 Units at S$0.6829 per Unit as 100.0% of the base fee component of its management fee for the period from 1 October 2023 to 31 December 2023 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 31 December 2023, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,242,647,853 outstanding Units. The percentage of unitholding after the change is calculated based on 1,245,669,885 outstanding Units. |
| 21/03/24 [21/03/24] |
Sasseur Cayman Holding II Ltd. [SSH] | S/U | 3,022 | - | 710,805 | 57.06 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,022,032 Units as payment of the base fee component of the management fee for the period from 1 October 2023 to 31 December 2023. This has resulted a change in the percentage level of interest of the Substantial Unitholders giving notice under this notification. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 710804685 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 30,759,185 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 30,759,185 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 710,804,685 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,242,647,853 outstanding Units. The percentage of unitholding after the change is calculated based on 1,245,669,885 outstanding Units. |
| 21/03/24 [21/03/24] |
Sasseur Cayman Holding Limited [SSH] | S/U | 3,022 | - | 710,805 | 57.06 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,022,032 Units as payment of the base fee component of the management fee for the period from 1 October 2023 to 31 December 2023. This has resulted a change in the percentage level of interest of the Substantial Unitholders giving notice under this notification. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 710804685 (Deemed Interest) |
| 21/03/24 [21/03/24] |
Shimmer Fair Management Limited [SSH] | S/U | 3,022 | - | 710,805 | 57.06 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,022,032 Units as payment of the base fee component of the management fee for the period from 1 October 2023 to 31 December 2023. This has resulted a change in the percentage level of interest of the Substantial Unitholders giving notice under this notification. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 710804685 (Deemed Interest) |
| 21/03/24 [21/03/24] |
TMF (Cayman) Ltd. [SSH] | S/U | 3,022 | - | 710,805 | 57.06 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,022,032 Units as payment of the base fee component of the management fee for the period from 1 October 2023 to 31 December 2023. This has resulted a change in the percentage level of interest of the Substantial Unitholders giving notice under this notification. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 710804685 (Deemed Interest) |
| 21/03/24 [21/03/24] |
Xu Rongcan [DIR] | S/U | 3,022 | - | 721,938 | 57.96 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,022,032 Units as payment of the base fee component of the management fee for the period from 1 October 2023 to 31 December 2023. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 721937585 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 30,759,185 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 30,759,185 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 710,804,685 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,242,647,853 outstanding Units. The percentage of unitholding after the change is calculated based on 1,245,669,885 outstanding Units. |
| 21/03/24 [21/03/24] |
Yang Xue [DIR] | S/U | 3,022 | - | 721,938 | 57.96 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,022,032 Units as payment of the base fee component of the management fee for the period from 1 October 2023 to 31 December 2023. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 710804685 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 30,759,185 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 30,759,185 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 710,804,685 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,242,647,853 outstanding Units. The percentage of unitholding after the change is calculated based on 1,245,669,885 outstanding Units. |
| 13/12/23 [13/12/23] |
Yang Xue [DIR] | S/U | 2,806 | - | 718,916 | 57.85 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,805,589 Units as payment of the base fee component of the management fee for the period from 1 July 2023 to 30 September 2023. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 707782653 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 27,737,153 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 27,737,153 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 707,782,653 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,239,842,264 outstanding Units. The percentage of unitholding after the change is calculated based on 1,242,647,853 outstanding Units. |
| 13/12/23 [13/12/23] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 2,806 | 0.668 | 27,737 | 2.23 | Disclosure
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: 27737153 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 2,805,589 Units at S$0.6682 per Unit as 100.0% of the base fee component of its management fee for the period from 1 July 2023 to 30 September 2023 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 30 September 2023, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,239,842,264 outstanding Units. The percentage of unitholding after the change is calculated based on 1,242,647,853 outstanding Units. |
| 13/12/23 [13/12/23] |
Xu Rongcan [DIR] | S/U | 2,806 | - | 718,916 | 57.85 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,805,589 Units as payment of the base fee component of the management fee for the period from 1 July 2023 to 30 September 2023. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 718915553 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 27,737,153 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 27,737,153 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 707,782,653 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,239,842,264 outstanding Units. The percentage of unitholding after the change is calculated based on 1,242,647,853 outstanding Units. |
| 13/10/23 [11/10/23] |
Tan Hong Lye, Cecilia [DIR] | S/U | 20 | - | 100 | 0.01 | Disclosure
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$13,000.00 Immediately after the transaction No. of ordinary voting shares/units held: 100000 (Direct Interest); 0 (Deemed Interest)The percentage of unitholding is calculated based on 1,239,842,264 units. |
| 13/09/23 [13/09/23] |
Yang Xue [DIR] | S/U | 2,916 | - | 716,110 | 57.76 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,915,896 Units as payment of the base fee component of the management fee for the period from 1 April 2023 to 30 June 2023. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 704977064 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 24,931,564 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 24,931,564 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 704,977,064 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,236,926,368 outstanding Units. The percentage of unitholding after the change is calculated based on 1,239,842,264 outstanding Units. |
| 13/09/23 [13/09/23] |
Xu Rongcan [DIR] | S/U | 2,916 | - | 716,110 | 57.76 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,915,896 Units as payment of the base fee component of the management fee for the period from 1 April 2023 to 30 June 2023. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 716109964 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 24,931,564 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 24,931,564 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 704,977,064 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,236,926,368 outstanding Units. The percentage of unitholding after the change is calculated based on 1,239,842,264 outstanding Units. |
| 13/09/23 [13/09/23] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 2,916 | 0.694 | 24,932 | 2.01 | Disclosure
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: 24931564 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 2,915,896 Units at S$0.6944 per Unit as 100.0% of the base fee component of its management fee for the period from 1 April 2023 to 30 June 2023 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 30 June 2023, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,236,926,368 outstanding Units. The percentage of unitholding after the change is calculated based on 1,239,842,264 outstanding Units. |
| 15/06/23 [14/06/23] |
Tan Hong Lye, Cecilia [DIR] | S/U | 10 | - | 80 | 0.01 | Disclosure
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$6,850.00 Immediately after the transaction No. of ordinary voting shares/units held: 80000 (Direct Interest); 0 (Deemed Interest)The percentage of unitholding before the change is calculated based on 1,233,752,149 units. The percentage of unitholding after the change is calculated based on 1,236,926,368 units. |
| 15/06/23 [12/06/23] |
Tan Hong Lye, Cecilia [DIR] | S/U | 10 | - | 70 | 0.01 | Disclosure
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$6,900.00 Immediately after the transaction No. of ordinary voting shares/units held: 70000 (Direct Interest); 0 (Deemed Interest)The percentage of unitholding before the change is calculated based on 1,227,847,440 units. The percentage of unitholding after the change is calculated based on 1,233,752,149 units. |
| 14/06/23 [14/06/23] |
Yang Xue [DIR] | S/U | 3,174 | - | 713,194 | 57.66 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,174,219 Units as payment of the base fee component of the management fee for the period from 1 January 2023 to 31 March 2023. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 702061168 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 22,015,668 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 22,015,668 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 702,061,168 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,233,752,149 outstanding Units. The percentage of unitholding after the change is calculated based on 1,236,926,368 outstanding Units. |
| 14/06/23 [14/06/23] |
Xu Rongcan [DIR] | S/U | 3,174 | - | 713,194 | 57.66 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,174,219 Units as payment of the base fee component of the management fee for the period from 1 January 2023 to 31 March 2023. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 713194068 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 22,015,668 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 22,015,668 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 702,061,168 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,233,752,149 outstanding Units. The percentage of unitholding after the change is calculated based on 1,236,926,368 outstanding Units. |
| 14/06/23 [14/06/23] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 3,174 | 0.747 | 22,016 | 1.78 | Disclosure
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: 22015668 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 3,174,219 Units at S$0.7472 per Unit as 100.0% of the base fee component of its management fee for the period from 1 January 2023 to 31 March 2023 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 31 March 2023, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,233,752,149 outstanding Units. The percentage of unitholding after the change is calculated based on 1,236,926,368 outstanding Units. |
| 21/03/23 [21/03/23] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 2,660 | 0.749 | 18,841 | 1.53 | Disclosure
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: 18841449 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 2,660,091 Units at S$0.7491 per Unit as 100.0% of the base fee component of its management fee for the period from 1 October 2022 to 31 December 2022 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 31 December 2022, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,231,092,058 outstanding Units. The percentage of unitholding after the change is calculated based on 1,233,752,149 outstanding Units. |
| 21/03/23 [21/03/23] |
Xu Rongcan [DIR] | S/U | 2,660 | - | 710,020 | 57.55 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,660,091 Units as payment of the base fee component of the management fee for the period from 1 October 2022 to 31 December 2022. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 710019849 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 18,841,449 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 18,841,449 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 698,886,949 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,231,092,058 outstanding Units. The percentage of unitholding after the change is calculated based on 1,233,752,149 outstanding Units. |
| 21/03/23 [21/03/23] |
Yang Xue [DIR] | S/U | 2,660 | - | 710,020 | 57.55 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,660,091 Units as payment of the base fee component of the management fee for the period from 1 October 2022 to 31 December 2022. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 698886949 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 18,841,449 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 18,841,449 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 698,886,949 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,231,092,058 outstanding Units. The percentage of unitholding after the change is calculated based on 1,233,752,149 outstanding Units. |
| 14/12/22 [14/12/22] |
Xu Rongcan [DIR] | S/U | 3,245 | - | 707,360 | 57.46 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,244,618 Units as payment of the base fee component of the management fee for the period from 1 July 2022 to 30 September 2022. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 707359758 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 16,181,358 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 16,181,358 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 696,226,858 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,227,847,440 outstanding Units. The percentage of unitholding after the change is calculated based on 1,231,092,058 outstanding Units. |
| 14/12/22 [14/12/22] |
Yang Xue [DIR] | S/U | 3,245 | - | 707,360 | 57.46 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 3,244,618 Units as payment of the base fee component of the management fee for the period from 1 July 2022 to 30 September 2022. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 696226858 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 16,181,358 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 16,181,358 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 696,226,858 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,227,847,440 outstanding Units. The percentage of unitholding after the change is calculated based on 1,231,092,058 outstanding Units. |
| 14/12/22 [14/12/22] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 3,245 | 0.725 | 16,181 | 1.31 | Disclosure
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: 16181358 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 3,244,618 Units at S$0.7245 per Unit as 100.0% of the base fee component of its management fee for the period from 1 July 2022 to 30 September 2022 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 30 September 2022, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,227,847,440 outstanding Units. The percentage of unitholding after the change is calculated based on 1,231,092,058 outstanding Units. |
| 04/10/22 [04/10/22] |
Gu Qingyang [DIR] | S/U | 30 | - | 372 | 0.03 | Disclosure
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$21,000.00 Immediately after the transaction No. of ordinary voting shares/units held: 372500 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.03000000 (Direct Interest); 0.00000000 (Deemed Interest)The percentage of unitholding set out above is calculated based on 1,227,847,440 outstanding units. |
| 04/10/22 [30/09/22] |
Gu Qingyang [DIR] | S/U | 30 | - | 342 | 0.03 | Disclosure
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$21,000.00 Immediately after the transaction No. of ordinary voting shares/units held: 342500 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.02800000 (Direct Interest); 0.00000000 (Deemed Interest)The percentage of unitholding set out above is calculated based on 1,227,847,440 outstanding units. |
| 29/09/22 [27/09/22] |
Tan Hong Lye, Cecilia [DIR] | S/U | 20 | - | 60 | 0.01 | Disclosure
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$13,750.00 Immediately after the transaction No. of ordinary voting shares/units held: 60000 (Direct Interest); 0 (Deemed Interest)The percentage of unitholding is calculated based on 1,227,847,440 outstanding units. |
| 14/09/22 [14/09/22] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 2,674 | 0.760 | 12,937 | 1.05 | Disclosure
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: 12936740 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 2,673,664 Units at S$0.7603 per Unit as 100.0% of the base fee component of its management fee for the period from 1 April 2022 to 30 June 2022 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 30 June 2022, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,225,173,776 outstanding Units. The percentage of unitholding after the change is calculated based on 1,227,847,440 outstanding Units. |
| 14/09/22 [14/09/22] |
Xu Rongcan [DIR] | S/U | 2,674 | - | 704,115 | 57.35 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,673,664 Units as payment of the base fee component of the management fee for the period from 1 April 2022 to 30 June 2022. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 704115140 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 12,936,740 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 12,936,740 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 692,982,240 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,225,173,776 outstanding Units. The percentage of unitholding after the change is calculated based on 1,227,847,440 outstanding Units. |
| 14/09/22 [14/09/22] |
Yang Xue [DIR] | S/U | 2,674 | - | 704,115 | 57.35 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,673,664 Units as payment of the base fee component of the management fee for the period from 1 April 2022 to 30 June 2022. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 692982240 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 12,936,740 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 12,936,740 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 692,982,240 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,225,173,776 outstanding Units. The percentage of unitholding after the change is calculated based on 1,227,847,440 outstanding Units. |
| 21/06/22 [17/06/22] |
Tan Hong Lye, Cecilia [DIR] | S/U | 22 | - | 40 | NA | Disclosure
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$16,230.00 Immediately after the transaction No. of ordinary voting shares/units held: 40000 (Direct Interest); 0 (Deemed Interest)The percentage of unitholding is calculated based on 1,225,173,776 outstanding units. |
| 15/06/22 [15/06/22] |
Yang Xue [DIR] | S/U | 2,969 | - | 701,441 | 57.25 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,968,748 Units as payment of the base fee component of the management fee for the period from 1 January 2022 to 31 March 2022. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 690308576 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 10,263,076 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 10,263,076 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 690,308,576 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,222,205,028 outstanding Units. The percentage of unitholding after the change is calculated based on 1,225,173,776 outstanding Units. |
| 15/06/22 [15/06/22] |
Xu Rongcan [DIR] | S/U | 2,969 | - | 701,441 | 57.25 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 2,968,748 Units as payment of the base fee component of the management fee for the period from 1 January 2022 to 31 March 2022. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 701441476 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 10,263,076 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 10,263,076 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 690,308,576 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,222,205,028 outstanding Units. The percentage of unitholding after the change is calculated based on 1,225,173,776 outstanding Units. |
| 15/06/22 [15/06/22] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 2,969 | 0.833 | 10,263 | 0.84 | Disclosure
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: 10263076 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 2,968,748 Units at S$0.8334 per Unit as 100.0% of the base fee component of its management fee for the period from 1 January 2022 to 31 March 2022 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 31 March 2022, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,222,205,028 outstanding Units. The percentage of unitholding after the change is calculated based on 1,225,173,776 outstanding Units. |
| 24/03/22 [24/03/22] |
Yang Xue [DIR] | S/U | 5,086 | - | 698,473 | 57.15 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 5,085,952 Units as payment of the base fee and performance fee components of the management fee for the period from 1 October 2021 to 31 December 2021. Immediately after the transaction No. of ordinary voting shares/units held: 11132900 (Direct Interest); 687339828 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 7,294,328 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 7,294,328 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 687,339,828 Units. Ms. Yang Xue is the spouse of Mr. Xu Rongcan and is deemed to be interested in the Units which he has an interest in. The percentage of unitholding before the change is calculated based on 1,217,119,076 outstanding Units. The percentage of unitholding after the change is calculated based on 1,222,205,028 outstanding Units. |
| 24/03/22 [24/03/22] |
Xu Rongcan [DIR] | S/U | 5,086 | - | 698,473 | 57.15 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has received 5,085,952 Units as payment of the base fee and performance fee components of the management fee for the period from 1 October 2021 to 31 December 2021. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 698472728 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 94.4048% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of SAMPL and is deemed to be interested in 7,294,328 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange, or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 429,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 160,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 7,294,328 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 687,339,828 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding before the change is calculated based on 1,217,119,076 outstanding Units. The percentage of unitholding after the change is calculated based on 1,222,205,028 outstanding Units. |
| 24/03/22 [24/03/22] |
Sasseur Asset Management Pte. Ltd. [TMRP] | S/U | 5,086 | 0.830 | 7,294 | 0.60 | Disclosure
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: 7294328 (Direct Interest); 0 (Deemed Interest)The Manager had elected to receive 5,085,952 Units at S$0.8302 per Unit as 100.0% of the base fee and performance fee components of its management fee for the period from 1 October 2021 to 31 December 2021 ("Financial Period"). The issue price per Management Fee Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited in the ordinary course of trading for the last ten business days immediately preceding 31 December 2021, being the end date of the Financial Period. The percentage of unitholding before the change is calculated based on 1,217,119,076 outstanding Units. The percentage of unitholding after the change is calculated based on 1,222,205,028 outstanding Units. |
| 22/02/22 [21/02/22] |
Xu Rongcan [DIR] | S/U | (11,000) | - | 693,387 | 56.97 | Disclosure
Remarks
Sasseur Asset Management Pte. Ltd., as manager of Sasseur Real Estate Investment Trust, has disposed 11,000,000 Units via married deal. Immediately after the transaction No. of ordinary voting shares/units held: 0 (Direct Interest); 693386776 (Deemed Interest)Shimmer Fair Management Limited ("Shimmer Fair Management") is the sole shareholder of Sasseur (BVI) Holding II Limited ("Sasseur (BVI) Holding II"). Sasseur (BVI) Holding II holds 80.4208% of the share capital of Sasseur Cayman Holding Limited (the "Sponsor") and the Sponsor is in turn the sole shareholder of Sasseur Cayman Holding II Ltd. ("Cayman Holdco"). Cayman Holdco is the sole shareholder of Sasseur Asset Management Pte. Ltd. ("SAMPL") and is deemed to be interested in 2,208,376 Units held by SAMPL. TMF (Cayman) Ltd. ("TMF (Cayman)") as the trustee of Xu Family Trust is the sole shareholder of Shimmer Fair Management. The Xu Family Trust is a discretionary trust established by Mr. Xu Rongcan as settlor and the sole member of the Protective Committee and Investment Committee of Xu Family Trust, for the benefit of its beneficiaries, being Mr. Xu Rongcan who is the primary beneficiary of the Xu Family Trust during his lifetime and whilst not incapacitated. In addition, as the sole power to make investment decision relating to the assets of the Xu Family Trust is vested on an investment committee, of which Mr. Xu Rongcan is the sole member, only he can make all decisions relating to any purchase, sale, exchange or retention of the shares in Shimmer Fair Management as well as the exercise of any voting and other rights on behalf of the Xu Family Trust. As Cayman Holdco is deemed to be interested in 489,775,600 Units held through CGS-CIMB Securities Singapore Pte. Ltd., 100,000,000 held through China Merchants Bank, 88,000,000 Units held through KGI Securities (Singapore) Pte. Ltd, 2,269,900 Units held through Haitong International Securities (Singapore) Private Limited and 2,208,376 Units held by SAMPL, each of the Sponsor, Sasseur (BVI) Holding II, Shimmer Fair Management, TMF (Cayman) and Mr. Xu Rongcan is also deemed to be interested in the 682,253,876 Units. Mr. Xu Rongcan is the spouse of Ms. Yang Xue and is deemed to be interested in 11,132,900 Units held by Ms. Yang Xue. The percentage of unitholding is calculated based on 1,217,119,076 outstanding Units. |
Disclosure