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Notice Of Valuation Of Real Assets - Asset Valuation

BackMar 01, 2018
Announcement Title Notice of Valuation of Real Assets
Date & Time of Broadcast Mar 1, 2018 19:16
Status New
Announcement Sub Title ASSET VALUATION
Announcement Reference SG180301OTHRUA8O
Submitted By (Co./ Ind. Name) Goh Toh Sim
Designation Executive Director & Acting CEO
Description (Please provide a detailed description of the event in the box below) Please refer to the file attached on revision to announcement on asset valuation released on 5 February 2018 (Announcement Reference: SG180205OTHR227R).

Sponsor's Statement:
DBS Bank Ltd. was the sole financial adviser, global coordinator and issue manager for the initial public offering of EC World REIT. DBS Bank Ltd., Bank of China Limited, Singapore Branch, China International Capital Corporation (Singapore) Pte. Limited and Maybank Kim Eng Securities Pte. Ltd. were the joint bookrunners and underwriters for the initial public offering of EC World REIT.
Additional Details
Valuation Details
Date of Valuation Name of the Valuer Description of Property Valuation Currency Valuation Amount
31/12/2017 Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch Chongxian Port Investment Yuan Renminbi 2,218,000,000
31/12/2017 Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch Chongxian Port Logistics Yuan Renminbi 854,000,000
31/12/2017 Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch Fu Zhuo Industrial Yuan Renminbi 114,000,000
31/12/2017 Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch The Stage 1 Properties of Bei Gang Logistics Yuan Renminbi 1,296,000,000
31/12/2017 Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch Fu Heng Warehouse Yuan Renminbi 577,000,000
31/12/2017 Savills Real Estate Valuation (Guangzhou) Limited - Shanghai Branch Hengde Logistics Yuan Renminbi 1,463,000,000
Valuation of Reports available for inspection at address during office hours 8 Shenton Way, #37-03 AXA Tower, Singapore 068811
Reports available till date 04/05/2018

Attachments

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