FAQs
Ascott Residence Trust has completed its combination with Ascendas Hospitality Trust to cement its position as Asia Pacific's largest hospitality trust
I. What is the combination of Ascott Residence Trust and Ascendas Hospitality Trust about?
II. When will the new combined entity, Ascott Residence Trust, start trading?
- 4. Has the Combination been completed? When will the new Ascott Reit-BT stapled units be traded? What are some of the upcoming dates that I need to take note of?
- 5. I was not able to vote at the Extraordinary General Meeting and Scheme Meeting. What had happened to my units? What would I need to do in order to receive the new Ascott Reit-BT Stapled Units?
- 6. What is the Combined Entity’s new name?
III. I am a stapled unitholder of A-HTRUST. What do I have to do following the combination of Ascott Reit and A-HTRUST?
- 7. As a stapled unitholder in A-HTRUST, how much cash consideration and consideration units would I be entitled to?
- 8. If I am an A-HTRUST Stapled Unitholder as at the book closure date on 18 December 2019 at 5pm, what distributions am I entitled to receive?
- 9. As A-HTRUST Stapled Unitholders, some of us have received odd lots of the consideration units. Are there any arrangements made to facilitate the trading of odd lots?
IV. I am a unitholder of Ascott Reit. What do I have to do following the combination of Ascott Reit and A-HTRUST?
- 10. Following the Combination, Ascott Residence Trust is now a stapled security. What does this mean, and how does this affect my investment?
- 11. If I am an Ascott Reit Unitholder as at the book closure date on 30 December 2019 at 5pm, what distributions am I entitled to receive?
- 12. Is the Odd Lots Trading Brokerage Fee Arrangement offered to existing Ascott Reit Unitholders as well?
- 13. What had happened to any unfulfilled buy or sell orders of the Ascott Reit Units immediately prior to the cessation of Ascott Reit Units trading on 26 December 2019?
Do you have a question that we have not addressed? Email us at ask-us@ascottresidencetrust.com and we will get back to you.
Or contact us at Tel: +65 6713 2888, Mondays to Fridays from 9am to 6pm.
Responsibility Statement
The directors of the Ascott Reit Manager (including those who may have delegated detailed supervision of the information set out in this section of the website (“Information”)) have taken all reasonable care to ensure that the facts stated and opinions expressed in the Information which relate to Ascott Reit and/or the Ascott Reit Manager (excluding those relating to A-HTRUST and/or the A-HTRUST REIT Manager and/or the A-HTRUST BT Trustee-Manager) are fair and accurate and that there are no other material facts not contained in the Information the omission of which would make any statement in the Information misleading. The directors of the Ascott Reit Manager jointly and severally accept responsibility accordingly.
Where any information has been extracted or reproduced from published or otherwise publicly available sources or obtained from A-HTRUST and/or the A-HTRUST REIT Manager and/or the A-HTRUST BT Trustee-Manager, the sole responsibility of the directors of the Ascott Reit Manager has been to ensure through reasonable enquiries that such information is accurately extracted from such sources or, as the case may be, reflected or reproduced in the Information. The directors of the Ascott Reit Manager do not accept any responsibility for any information relating to A-HTRUST and/or the A-HTRUST REIT Manager and/or the A-HTRUST BT Trustee-Manager or any opinion expressed by A-HTRUST and/or the A-HTRUST REIT Manager and/or the A-HTRUST BT Trustee-Manager.