|Announcement Title||General Announcement|
|Date & Time of Broadcast||Apr 24, 2018 23:13|
|Announcement Sub Title||Forchn Holdings - Signing of Strategic Partnership Framework Agreement|
|Submitted By (Co./ Ind. Name)||Goh Toh Sim|
|Designation||Executive Director & CEO|
|Description (Please provide a detailed description of the event in the box below)||Forchn Holdings Group Co., Ltd., the sponsor of EC World Real Estate Investment Trust, has entered into a framework agreement with YCH Group. A news release on the above matter is attached for information.
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.