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Quotes Delayed 10 Minutes
Updated: 06 Dec 2021 17:04
SGX Symbol: BWCU Currency: SGD
Last Done: 0.795 Volume ('000): 677.3
Change: -0.020 % Change: -2.5
Day's Range: 0.790 - 0.810 52 Weeks' Range: 0.700 - 0.835
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 ***
30/09/21
[30/09/21]
Zhang Guobiao [DIR] S/U 755  - 353,367 43.70 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 353366965 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.70400000 (Deemed Interest)
The Manager received 755,273 Units in EC World REIT at a price of S$0.8071 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 April 2021 to 30 June 2021 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.

Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in the Units held by Forchn International Pte. Ltd., Forchn Global Pte. Ltd. and the Manager.

The percentage of unit-holding immediately after this transaction is calculated on the basis of 808,552,072 outstanding Units immediately after the transaction.
30/09/21
[30/09/21]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 755  - 8,678 1.07 Note
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: 8678436 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 1.07300000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 755,273 Units in EC World REIT at a price of S$0.8071 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 April 2021 to 30 June 2021 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.

The issue price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days immediately preceding 30 June 2021, being the end date of the Financial Quarter.

The percentage of unit-holding immediate after this transaction is calculated on the basis of 808,552,072 outstanding Units immediate after the transaction.
30/06/21
[30/06/21]
Forchn Global Pte. Ltd. [SSH] S/U (0.000)  8.000 322,957 39.98 Note
Remarks
There is a change in the percentage level of interest for Forchn Global Pte. Ltd. from 40.030% to 39.980% due to increase in total number of issued Units in EC World REIT subsequent to issuance of 1,014,284 Units to the Manager at a price of S$0.7127 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 January 2021 to 31 March 2021 (the "Financial Quarter"). The Manager has elected to received 50% of the Base Fee in the form of Units. Immediately after the transaction
No. of ordinary voting shares/units held: 322957200 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 39.98000000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of unit-holding immediately after this transaction is calculated on the basis of 807,796,799 outstanding Units immediately after the transaction.
30/06/21
[30/06/21]
Zhang Guobiao [DIR] S/U 1,014  - 352,612 43.65 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 352611692 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.65100000 (Deemed Interest)
The Manager received 1,014,284 Units in EC World REIT at a price of S$0.7127 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 January 2021 to 31 March 2021 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.

Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in the Units held by Forchn International Pte. Ltd., Forchn Global Pte. Ltd. and the Manager.

The percentage of unit-holding immediately after this transaction is calculated on the basis of 807,796,799 outstanding Units immediately after the transaction.
30/06/21
[30/06/21]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 1,014  - 7,923 0.98 Note
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: 7923163 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.98100000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 1,014,284 Units in EC World REIT at a price of S$0.7127 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 January 2021 to 31 March 2021 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.

The issue price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days immediately preceding 31 March 2021, being the end date of the Financial Quarter.

The percentage of unit-holding immediate after this transaction is calculated on the basis of 807,796,799 outstanding Units immediate after the transaction.
31/03/21
[31/03/21]
Zhang Guobiao [DIR] S/U 939  - 351,597 43.58 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 351597408 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.58000000 (Deemed Interest)
The Manager received 938,534 Units in EC World REIT at a price of S$0.7169 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 October 2020 to 31 December 2020 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.

Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in the Units held by Forchn International Pte. Ltd., Forchn Global Pte. Ltd. and the Manager.

The percentage of unit-holding immediately after this transaction is calculated on the basis of 806,782,515 outstanding Units immediately after the transaction.
31/03/21
[31/03/21]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 939  - 6,909 0.86 Note
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: 6908879 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.85600000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 938,534 Units in EC World REIT at a price of S$0.7169 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 October 2020 to 31 December 2020 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units. The issue price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days immediately preceding 31 December 2020, being the end date of the Financial Quarter.
The percentage of unit-holding immediate after this transaction is calculated on the basis of 806,782,515 outstanding Units immediate after the transaction.
30/12/20
[30/12/20]
Zhang Guobiao [DIR] S/U 961  0.673 350,659 43.51 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 350658874 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.51400000 (Deemed Interest)
The Manager received 960,670 Units in EC World REIT at a price of S$0.6729 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 July 2020 to 30 September 2020 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.

Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in the Units held by Forchn Global Pte. Ltd. and the Manager.

The percentage of unit-holding immediately after this transaction is calculated on the basis of 805,843,981 outstanding Units immediately after the transaction.
30/12/20
[30/12/20]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 961  0.673 5,970 0.74 Note
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: 5970345 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.74100000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 960,670 Units in EC World REIT at a price of S$0.6729 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 July 2020 to 30 September 2020 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.
The issue price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days immediately preceding 30 September 2020, being the end date of the Financial Quarter.
The percentage of unit-holding immediate after this transaction is calculated on the basis of 805,843,981 outstanding Units immediate after the transaction.
02/12/20
[01/12/20]
Zhang Guobiao [DIR] S/U (0.000)  7.000 349,698 43.45 Note
Remarks
On 1 December 2020, Forchn Global Pte. Ltd. ("Forchn Global") granted a charge over 40,191,000 Units ("Charged Units") to Ali CN Investment Holding Limited ("Ali CN"), to secure certain obligations of Forchn Network Co Limited to Ali CN (the "Charge"). Zhang Guobiao is unrelated to Ali CN. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 349698204 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.44700000 (Deemed Interest)
Forchn Global has a direct interest in 282,766,200 Units and a deemed interest in the 40,191,000 Charged Units which have been charged to Ali CN. The Manager has a direct interest in 5,009,675 Units. Forchn International Pte. Ltd. ("Forchn International") has a direct interest in 21,731,329 Units. Forchn International is the sole shareholder of Forchn Global and the Manager and is deemed to be interested in the Units which Forchn Global and the Manager have a direct and deemed interest in. Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is in turn the sole shareholder of Forchn International. Accordingly, Zhang Guobiao is deemed to be interested in the Units which Forchn International, Forchn Global and the Manager have a direct and deemed interest in. The percentage of unit-holding immediately after this transaction is calculated on the basis of 804,883,311 outstanding Units immediately after the transaction.
21/10/20
[19/10/20]
Dazhong Capital (Hong Kong) Co Ltd [SSH] S/U 43,546  0.675 43,546 5.41 Note
Remarks
Acquisition of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction
No. of ordinary voting shares/units held: 43546300 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 5.41000000 (Direct Interest); 0.00000000 (Deemed Interest)
Dazhong Capital (Hong Kong) Co Ltd("DZCAP") is a wholly-owned company of Yang Yiqing.

The change in interest is as a result of acquisition of 43,5463,00 units held by Dazhong Capital (Hong Kong) Co Ltd via off-market transaction.
21/10/20
[19/10/20]
Yang Yiqing [SSH] S/U 43,546  0.675 43,546 5.41 Note
Remarks
Acquisition of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 43546300 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.41000000 (Deemed Interest)
DZCAP is a wholly-owned company of Yang Yiqing. Therefore, Yang Yiqing is deemed to be interested in the all Units held by DZCAP.

DZCAP is a wholly-owned company of Yang Yiqing.

The change in interest is as a result of acquisition of 43,5463,00 units held by Dazhong Capital (Hong Kong) Co Ltd via off-market transaction.
21/10/20
[19/10/20]
BOCOM International Global Investment Limited [SSH] S/U (43,546)  0.675 NA NA Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)
BOCOM International Global Investment Limited ("BIGI") is a wholly-owned subsidiary of BOCOM International Holdings Company Limited (BIHC"). BIHC is a Hong Kong listed company, subsidiary of Bank of Communications Co., Ltd ("BOCOM").

The change in interest is as a result of a decrease of 43,546,300 units held by BIGI via married trade.
21/10/20
[19/10/20]
BOCOM International Holdings Company Limited [SSH] S/U (43,546)  0.675 NA NA Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)
BIGI is a wholly-owned subsidiary of BIHC. Therefore, BIHC is deemed to be interested in the all Units held by BIGI.

BIGI is a wholly-owned subsidiary of BIHC and BIHC is a Hong Kong listed company, subsidiary of BOCOM

The change in interest is as a result of a decrease of 43,546,300 units held by BIGI via married trade.
21/10/20
[19/10/20]
Bank of Communications Co., Ltd. [SSH] S/U (43,546)  0.675 NA NA Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)
BIGI is a wholly-owned subsidiary of BIHC and BIHC is a Hong Kong listed company, subsidiary of BOCOM, Therefore BOCOM is deemed to be interested in all the units held by BIGI.

BIGI is a wholly-owned subsidiary of BIHC and BIHC is a Hong Kong listed company, subsidiary of BOCOM.

The change in interest is as a result of a decrease of 43,546,300 units held by BIGI via married trade.
29/09/20
[29/09/20]
Zhang Guobiao [DIR] S/U 940  - 349,698 43.45 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 349698204 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.44700000 (Deemed Interest)
The Manager received 939,720 Units in EC World REIT at a price of S$0.6932 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 April 2020 to 30 June 2020 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.

Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in the Units held by Forchn Global Pte. Ltd. and the Manager.

The percentage of unit-holding immediately after this transaction is calculated on the basis of 804,883,311 outstanding Units immediately after the transaction.
29/09/20
[29/09/20]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 940  - 5,010 0.62 Note
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: 5009675 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.62200000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 939,720 Units in EC World REIT at a price of S$0.6932 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 April 2020 to 30 June 2020 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.
The issue price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days immediately preceding 30 June 2020, being the end date of the Financial Quarter.
The percentage of unit-holding immediate after this transaction is calculated on the basis of 804,883,311 outstanding Units immediate after the transaction.
29/06/20
[29/06/20]
Zhang Guobiao [DIR] S/U 1,048  7.000 348,758 43.38 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 348758484 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.38100000 (Deemed Interest)
The Manager received 1,047,931 Units in EC World REIT at a price of S$0.4916 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 January 2020 to 31 March 2020 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.

Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is
in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole
shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in
the Units held by Forchn Global Pte. Ltd. and the Manager.

The percentage of unit-holding immediately after this transaction is calculated on the basis of 803,943,591
outstanding Units immediately after the transaction.
29/06/20
[29/06/20]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 1,048  7.000 4,070 0.51 Note
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: 4069955 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.50600000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 1,047,931 Units in EC World REIT at a price of S$0.4916 per Unit as payment of 50% of the base fee component of its management fees for the period from 01 January 2020 to 31 March 2020 (the "Financial Quarter"). The Manager has elected to receive 50% of the Base Fee in the form of Units.
The issue price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore
Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days
immediately preceding 31 March 2020, being the end date of the Financial Quarter.
The percentage of unit-holding immediate after this transaction is calculated on the basis of 803,943,591
outstanding Units immediate after the transaction.
26/06/20
[24/01/20]
Providence World I Pte Ltd [SSH] S/U (66,736)  - NA NA Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): US$40,000,000

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of unit-holding is calculated on the basis of 801,206,236 outstanding units at the time of this transaction.

Providence World I Pte Ltd ("Providence") was the beneficial owner of 66,736,306 units (the "Units) in EC World REIT. The Bank of New York Mellon, London Branch provides custodial services as a bare trustee under a Custody Agreement and previously held a security interest over the Units as trustee under a Trust Deed. Reference is made to the notification made on 28 January 2020 by The Bank of New York Mellon and The Bank of New York Mellon Corporation in respect of ceasing to be a Substantial Shareholder/Unitholder (the "Notification"). At that point in time, Providence was of the understanding that it does not need to notify the Listed Issuer of ceasing to be a Substantial Unitholder separately in view of the Notification. After much consultation, to ensure that it discharges its duty and in compliance with the relevant rules and regulations, Providence is now notifying the Listed Issuer of ceasing to be a Substantial Unitholder.
23/06/20
[22/06/20]
Forchn International Pte. Ltd. [SSH] S/U (0.000)  0.559 347,711 43.31 Note
Remarks
Acquisition of Securities via off-market transaction (e.g. married deals) Immediately after the transaction
No. of ordinary voting shares/units held: 21731329 (Direct Interest); 325979224 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 2.70700000 (Direct Interest); 40.60000000 (Deemed Interest)
Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Forchn International Pte. Ltd. is deemed to be interested in the Units held by Forchn Global Pte. Ltd. and the Manager. The Manager transferred 12,228,206 Units in EC World REIT at a price of S$0.5587 per unit as repayment of the inter-company balance due to its parent company - Forchn International Pte Ltd ("FIPL"). The total percentage of unit-holding of FIPL and its immediate holding company, Forchn Holdings Group Co., Ltd. (the "Sponsor") remain unchanged after this transaction. The transfer price per unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading from 30 March 2020 to 13 April 2020. The percentage of unit-holding immediate after this transaction is calculated on the basis of 802,895,660 outstanding Units at the time of this transaction.
23/06/20
[22/06/20]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U (12,228)  7.000 3,022 0.38 Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction
No. of ordinary voting shares/units held: 3022024 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.37600000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager transferred 12,228,206 Units in EC World REIT at a price of S$0.5587 per unit as repayment of the inter-company balance due to its parent company - Forchn International Pte Ltd ("FIPL"). The total percentage of unit-holding of FIPL and its immediate holding company, Forchn Holdings Group Co., Ltd. (the "Sponsor") remain unchanged after this transaction.

The transfer price per unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading from 30 March 2020 to 13 April 2020.

The percentage of unit-holding immediate after this transaction is calculated on the basis of 802,895,660 outstanding Units at the time of this transaction.
26/05/20
[22/05/20]
BOCOM International Global Investment Limited [SSH] S/U (18,182)  0.660 43,546 5.42 Note
Remarks
Disposal of Securities via market transaction

Immediately after the transaction
No. of ordinary voting shares/units held: 43546300 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 5.42000000 (Direct Interest); 0.00000000 (Deemed Interest)
BOCOM International Global Investment Limited ("BIGI") is a wholly-owned subsidiary of BOCOM International Holdings Company Limited (BIHC"). BIHC is a Hong Kong listed company, subsidiary of Bank of Communications Co., Ltd ("BOCOM").

The change in interest is as a result of a decrease of 18,182,000 units held by BIGI via market transaction. The Percentage of unitholding immediately after this transaction is calculated on the basis of 802,895,660 units outstanding at the time of this transaction.
26/05/20
[22/05/20]
BOCOM International Holdings Company Limited [SSH] S/U (18,182)  0.660 43,546 5.42 Note
Remarks
Disposal of Securities via market transaction

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 43546300 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.42000000 (Deemed Interest)
BIGI is a wholly-owned subsidiary of BIHC. Therefore, BIHC is deemed to be interested in the all Units held by BIGI.

BIGI is a wholly-owned subsidiary of BIHC and BIHC is a Hong Kong listed company, subsidiary of BOCOM

The change in interest is as a result of a decrease of 18,182,000 units held by BIGI via market transaction. The Percentage of unitholding immediately after this transaction is calculated on the basis of 802,895,660 units outstanding at the time of this transaction.
26/05/20
[22/05/20]
Bank of Communications Co., Ltd. [SSH] S/U (18,182)  0.660 43,546 5.42 Note
Remarks
Disposal of Securities via market transaction

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 43546300 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.42000000 (Deemed Interest)
BIGI is a wholly-owned subsidiary of BIHC and BIHC is a Hong Kong listed company, subsidiary of BOCOM, Therefore BOCOM is deemed to be interested in all the units held by BIGI.

BIGI is a wholly-owned subsidiary of BIHC and BIHC is a Hong Kong listed company, subsidiary of BOCOM.

The change in interest is as a result of a decrease of 18,182,000 units held by BIGI via market transaction. The Percentage of unitholding immediately after this transaction is calculated on the basis of 802,895,660 units outstanding at the time of this transaction.
31/03/20
[31/03/20]
Zhang Guobiao [DIR] S/U 1,689  7.000 347,711 43.31 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 347710553 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.30700000 (Deemed Interest)
The Manager received 1,689,424 Units ("Management Fee Units") in EC World REIT have been issued at a price of S$0.7545 per Unit as payment of the base fee component of its management fee for the period from 01 October 2019 to 31 December 2019 (the "Financial Quarter").

Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is In turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole Shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in The Units held by Forchn Global Pte. Ltd. and the Manager.

The percentage of unit-holding immediately after this transaction is calculated on the basis of 802,895,660 Outstanding Units immediately after the transaction.
31/03/20
[31/03/20]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 1,689  7.000 15,250 1.90 Note
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: 15250230 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 1.89900000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 1,689,424 Units in EC World REIT at a price of S$0.7545 per Unit as payment of the base fee Component of its management fees for the period from 01 October 2019 to 31 December 2019 (the "Financial Quarter").

The issue price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days Immediately preceding 31 December 2019, being the end date of the Financial Quarter.

The percentage of unit-holding immediate after this transaction is calculated on the basis of 802,895,660
outstanding Units immediate after the transaction.
29/01/20
[24/01/20]
The Bank of New York Mellon [SSH] S/U (66,736)  - NA NA Note
Remarks
The Bank of New York Mellon, London Branch provides custodial services as a bare trustee under a Custody Agreement and previously held a security interest over Units as trustee under a Trust Deed. The Bank of New York Mellon Corporation previously held an interest in the Units by virtue of it being the 100% shareholder of The Bank of New York Mellon. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)
The Bank of New York Mellon Corporation is the 100% shareholder of The Bank of New York Mellon. The change in interest is as a result of a decrease of 66,736,306 units (8.33%) held by the direct holders. The Percentage of unitholding is calculated on the basis of 801,206,236 outstanding units at the time of this transaction.
29/01/20
[24/01/20]
The Bank of New York Mellon Corporation [SSH] S/U (66,736)  - NA NA Note
Remarks
The Bank of New York Mellon, London Branch provides custodial services as a bare trustee under a Custody Agreement and previously held a security interest over Units as trustee under a Trust Deed. The Bank of New York Mellon Corporation previously held an interest in the Units by virtue of it being the 100% shareholder of The Bank of New York Mellon. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)
The Bank of New York Mellon Corporation is the Sole Shareholder of The Bank of New York Mellon. Accordingly, The Bank of New York Mellon Corporation is deemed to be interested in the units held by the Bank of New York Mellon. The Bank of New York Mellon Corporation is the 100% shareholder of The Bank of New York Mellon. The change in interest is as a result of a decrease of 66,736,306 units (8.33%) held by the direct holders. The Bank of New York Mellon Corporation is the 100% shareholder of The Bank of New York Mellon. The Percentage of unitholding is calculated on the basis of 801,206,236 outstanding units at the time of this transaction.
23/12/19
[20/12/19]
Hu Yuqing [SSH] S/U (17,500)  0.734 23,109 2.88 Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Immediately after the transaction
No. of ordinary voting shares/units held: 23108700 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 2.88000000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of unit-holding is calculated on the basis of 801,206,236 outstanding Units at the time of this transaction.
02/12/19
[29/11/19]
Forchn Holdings Group Co., Ltd. [SSH] S/U 3,831  0.730-0.742 346,021 43.19 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 346021129 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.18800000 (Deemed Interest)
The Manager received Management Fee Units in EC World REIT for the Financial Quarter and Acquisition Fee Units in EC World REIT for the Acquisitions. Sponsor is the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, the Sponsor is deemed to be interested in the Units held by Forchn Global Pte. Ltd. and the Manager. Forchn International Pte. Ltd. is a wholly-owned subsidiary of the Sponsor. Zhang Zhangsheng owns 20% of the equity interest in the Sponsor. The percentage of unit-holding immediately after this transaction is calculated on the basis of 801,206,236 outstanding Units immediately after the transaction.
02/12/19
[29/11/19]
Forchn International Pte. Ltd. [SSH] S/U 3,831  0.730-0.742 346,021 43.19 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 346021129 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.18800000 (Deemed Interest)
The Manager received (i) 1,626,632 Units ("Management Fee Units") in EC World REIT at a price of S$0.7297 per Unit as payment of the base fee component of its management fee for the period from 01 July 2019 to 30 September 2019 (the "Financial Quarter") and (ii) 2,204,836 Units ("Acquisition Fee Units") in EC World REIT at a price of S$0.7421 per Unit as payment of the Acquisition fee for the acquisitions of Fuzhou E-Commerce completed on 8 August 2019 (the "Acquisitions"). Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Forchn International Pte. Ltd. is deemed to be interested in the Units held by Forchn Global Pte. Ltd. and the Manager. Forchn International Pte. Ltd. is a wholly-owned subsidiary of Forchn Holdings Group Co., Ltd. (the "Sponsor"). Zhang Zhangsheng owns 20% of the equity interest in the Sponsor. The percentage of unit-holding immediately after this transaction is calculated on the basis of 801,206,236 outstanding Units immediately after the transaction.
02/12/19
[29/11/19]
Zhang Zhangsheng [SSH] S/U 3,831  0.730-0.742 346,021 43.19 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 346021129 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.18800000 (Deemed Interest)
The Manager received Management Fee Units in EC World REIT for the Financial Quarter and Acquisition Fee Units in EC World REIT for the Acquisitions. Zhang Zhangsheng owns 20% of the equity interest of the Sponsor. The Sponsor is in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Zhangsheng is deemed to be interested in the Units held by Forchn Global Pte. Ltd. and the Manager. Forchn International Pte. Ltd. is a wholly-owned subsidiary of the Sponsor. Zhang Zhangsheng own 20% of the equity interest in the Sponsor. The percentage of unit-holding immediately after this transaction is calculated on the basis of 801,206,236 outstanding Units immediately after the transaction.
02/12/19
[29/11/19]
Zhang Guobiao [DIR] S/U 3,831  0.730-0.742 346,021 43.19 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 346021129 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 43.18800000 (Deemed Interest)
The Manager received (i) 1,626,632 Units in EC World REIT at a price of S$0.7297 per Unit as payment of the base fee component of its management fee for the period from 01 July 2019 to 30 September 2019 and (ii) 2,204,836 Units in EC World REIT at a price of S$0.7421 per Unit as payment of the Acquisition fee for the acquisitions of Fuzhou E-Commerce completed on 8 August 2019. Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in the Units held by Forchn Global Pte. Ltd. and the Manager. The percentage of unit-holding immediately after this transaction is calculated on the basis of 801,206,236 outstanding Units immediately after the transaction.
02/12/19
[29/11/19]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 3,831  0.730-0.742 13,561 1.69 Note
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: 13560806 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 1.69300000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 1,626,632 Units ("Management Fee Units") in EC World REIT at a price of S$0.7297 per Unit as payment of the base fee component of its management fee for the period from 01 July 2019 to 30 September 2019 (the "Financial Quarter") and 2,204,836 Units ("Acquisition Fee Units") in EC World REIT at a price of S$0.7421 per Unit as payment of Acquisition fee for the acquisitions of Fuzhou E-Commerce completed on 8 August 2019. The issue price per Unit for Management Fee Units is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days immediately preceding 30 September 2019, being the end date of the Financial Quarter. The issue price per Unit for Acquisition Fee Units is the volume weighted average traded price for a Unit for all trades done on the SGX-ST in the ordinary course of trading for the last ten business days immediately preceding 29 November 2019. The percentage of unit-holding immediate after this transaction is calculated on the basis of 801,206,236 outstanding Units immediate after the transaction.
18/10/19
[18/10/19]
Zhang Guobiao [DIR] S/U 1,579  0.780 342,190 42.91 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 342189661 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 42.91500000 (Deemed Interest)
The Manager received 1,579,440 Units in EC World REIT at a price of S$0.7799 per Unit as payment of the base fee component of its management fee for the period from 01 April 2019 to 30 June 2019. Zhang Guobiao owns 80% of the equity interest of Forchn Holdings Group Co., Ltd. (the "Sponsor"). The Sponsor is in turn the sole shareholder of Forchn International Pte. Ltd.. Further, Forchn International Pte. Ltd. is the sole shareholder of Forchn Global Pte. Ltd. and the Manager. Accordingly, Zhang Guobiao is deemed to be interested in the Units held by Forchn Global Pte. Ltd. and the Manager. The percentage of unit-holding immediately after this transaction is calculated on the basis of 797,374,768 outstanding Units immediately after the transaction.
18/10/19
[18/10/19]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U 1,579  0.780 9,729 1.22 Note
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: 9729338 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 1.22000000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager received 1,579,440 Units in EC World REIT at a price of S$0.7799 per Unit as payment of the base fee component of its management fees for the period from 01 April 2019 to 30 June 2019 (the "Financial Quarter"). The issue price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last ten business days immediately preceding 30 June 2019, being the end date of the Financial Quarter. The percentage of unit-holding immediate after this transaction is calculated on the basis of 797,374,768 outstanding Units immediate after the transaction.
10/10/19
[09/10/19]
EC World Asset Management Pte. Ltd. (the "Manager") [TMRP] S/U (9,503)  0.737 8,150 1.02 Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Immediately after the transaction
No. of ordinary voting shares/units held: 8149898 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 1.02400000 (Direct Interest); 0.00000000 (Deemed Interest)
The Manager transferred 9,503,123 Units in EC World REIT at S$0.7366 per Unit as repayment of the inter-company balance due to its parent company - Forchn International Pte Ltd ("FIPL"). The total percentage of unit-holding of FIPL and its immediate holding company, Forchn Holdings Group Co., Ltd. (the "Sponsor") remain unchanged after this transaction. The transfer price per Unit is the volume weighted average traded price for a Unit for all trades done on the Singapore Exchange Securities Trading Limited (the "SGX-ST") in the ordinary course of trading for the last five business days immediately preceding the date of the settlement agreement entered into between the Manager and FIPL. The percentage of unit-holding held immediately after this transaction is calculated on the basis of 795,795,328 outstanding Units at the time of the transaction.
10/07/19
[08/07/19]
China Cinda (HK) Asset Management Co., Limited [SSH] S/U (13,535)  - 81,527 10.24 Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): 9,474,500 Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 81526700 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.24000000 (Deemed Interest)
China Cinda (HK) Asset Management Co., Limited. is deemed to be interested in the 81,526,700 Units held by Sunkits Resources Limited. Sunkits Resources Limited is a wholly-owned subsidiary of China Cinda (HK) Asset Management Co., Limited. Sunkits Resources Limited is a wholly-owned subsidiary of China Cinda (HK) Asset Management Co., Limited. China Cinda (HK) Asset Management Co., Limited is a wholly-owned subsidiary of China Cinda (HK) Holdings Company Limited, which is in turn 100% owned by China Cinda Asset Management Co., Ltd. The Ministry of Finance of the People's Republic of China owns 64.45% of China Cinda Asset Management Co., Ltd. The percentage of unitholding is calculated on the basis of 795,795,328 Units in issue at the point of this notification.
10/07/19
[08/07/19]
China Cinda (HK) Holdings Company Limited [SSH] S/U (13,535)  - 81,527 10.24 Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): 9,474,500 Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 81526700 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 10.24000000 (Deemed Interest)
China Cinda (HK) Holdings Company Limited is deemed to be interested in the 81,526,700 Units held by Sunkits Resources Limited. Sunkits Resources Limited is a wholly-owned subsidiary of China Cinda (HK) Asset Management Co., Limited, which is a wholly-owned subsidiary of China Cinda (HK) Holdings Company Limited. Sunkits Resources Limited is a wholly-owned subsidiary of China Cinda (HK) Asset Management Co., Limited. China Cinda (HK) Asset Management Co., Limited is a wholly-owned subsidiary of China Cinda (HK) Holdings Company Limited, which is in turn 100% owned by China Cinda Asset Management Co., Ltd. The Ministry of Finance of the People's Republic of China owns 64.45% of China Cinda Asset Management Co., Ltd. The percentage of unitholding is calculated on the basis of 795,795,328 Units in issue at the point of this notification.
* DIR - Director (include Directors of related companies)
SSH - Substantial Shareholder
COY - Company Share Buyback
TMRP - Trustee-Manager/Responsible Person
** S - Shares
W - Warrants
U - Units
R - Rights
*** Direct & Deemed Interests

Notes

  1. Only trades by directors, substantial shareholders and company share buy back are included in Insider Trades.