Friday, January 11, 2013

Company announcements: Broadway, STI ETF, HPL, ManOri US$, MapletreeLog

Broadway - MISCELLANEOUS :: UPDATE FOLLOWING TERMINATION OF SALE AND PURCHASE AGREEMENT FOR PROPOSED ACQUISITION

Announcement Type: MISCELLANEOUS
Company: BROADWAY INDUSTRIAL GROUP LTD
Stock Code/Name: B69 - Broadway

MISCELLANEOUS
* Asterisks denote mandatory information
Name of Announcer * BROADWAY INDUSTRIAL GROUP LTD  
Company Registration No. 199405266K  
Announcement submitted on behalf of BROADWAY INDUSTRIAL GROUP LTD  
Announcement is submitted with respect to * BROADWAY INDUSTRIAL GROUP LTD  
Announcement is submitted by * Wong Sheung Sze  
Designation * Executive Chairman  
Date & Time of Broadcast 11-Jan-2013 19:19:19  
Announcement No. 00111  
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Announcement Title * Update Following Termination of Sale and Purchase Agreement for Proposed Acquisition  
Description
Please see attached.  
Attachments
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STI ETF - MISCELLANEOUS :: NET ASSET VALUE PER UNIT

Announcement Type: MISCELLANEOUS
Company: STI ETF
Stock Code/Name: ES3 - STI ETF

MISCELLANEOUS
* Asterisks denote mandatory information
Name of Announcer * STI ETF  
Company Registration No. N.A.  
Announcement submitted on behalf of SPDR� STRAITS TIMES INDEX ETF  
Announcement is submitted with respect to * STI ETF  
Announcement is submitted by * Hon Wing Cheung  
Designation * Managing Director  
Date & Time of Broadcast 11-Jan-2013 19:16:33  
Announcement No. 00110  
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Announcement Title * Net Asset Value Per Unit  
Description
As of Friday 11 January 2013,
(1) the NAV per unit is S$3.2778
(2) the total number of units in issue is 113,500,000

 
Attachments
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HPL - DISCLOSURE OF INTEREST/CHANGES IN INTEREST OF DIRECTOR/CHIEF EXECUTIVE OFFICER

Announcement Type: DISCLOSURE OF INTEREST/CHANGES IN INTEREST
Company: HOTEL PROPERTIES LTD
Stock Code/Name: H15 - HPL

DISCLOSURE OF INTEREST/CHANGES IN INTEREST OF DIRECTOR/CHIEF EXECUTIVE OFFICER
* Asterisks denote mandatory information
Name of Announcer * HOTEL PROPERTIES LTD  
Company Registration No. 198000348Z  
Announcement submitted on behalf of HOTEL PROPERTIES LTD  
Announcement is submitted with respect to * HOTEL PROPERTIES LTD  
Announcement is submitted by * Lo Swee Oi  
Designation * Company Secretary  
Date & Time of Broadcast 11-Jan-2013 18:58:59  
Announcement No. 00105  
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Person(s) giving notice * Director/Chief Executive Officer who may also be a substantial shareholder/unitholder (Form 1)  
Date of receipt of notice by Listed Issuer * 11-01-2013  
Attachments
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ManOri US$ - MISCELLANEOUS

Announcement Type: MISCELLANEOUS
Company: MANDARIN ORIENTAL INTL LTD
Stock Code/Name: M04 - ManOri US$

MISCELLANEOUS
* Asterisks denote mandatory information
Name of Announcer * MANDARIN ORIENTAL INTL LTD  
Company Registration No. EC12510  
Announcement submitted on behalf of MANDARIN ORIENTAL INTL LTD  
Announcement is submitted with respect to * MANDARIN ORIENTAL INTL LTD  
Announcement is submitted by * Neil M McNamara  
Designation * Group Corporate Secretary of Jardine Matheson Limited  
Date & Time of Broadcast 11-Jan-2013 19:40:05  
Announcement No. 00116  
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Announcement Title * PUBLICATION OF SHAREHOLDER CIRCULAR FOR PROPOSED ACQUISITION OF THE FREEHOLD INTEREST IN THE BUILDING HOUSING MANDARIN ORIENTAL, PARIS  
Description
To: Business Editor For immediate release

PUBLICATION OF SHAREHOLDER CIRCULAR FOR PROPOSED ACQUISITION OF THE FREEHOLD INTEREST IN THE BUILDING HOUSING MANDARIN ORIENTAL, PARIS

11th January 2013 – On 29th November 2012, Mandarin Oriental International Limited (‘MOIL’), the publicly listed parent company of Mandarin Oriental Hotel Group (the ‘Group’), announced that it acquired an option to purchase the freehold interest in the building housing Mandarin Oriental, Paris and two prime street front retail units, currently leased to two luxury fashion brands, (collectively, the ‘Property’) from Soci�t� Fonci�re Lyonnaise. MOIL announced that the Group had paid a €10 million (US$13.1 million) advance deposit to secure the option, and, if the option is exercised, the Group will be required to pay a further €280 million (US$365.7 million) to acquire the Property (the ‘Transaction’).

The Transaction is conditional on the approval by MOIL’s shareholders, which is to be sought at a Special General Meeting to be held on 31st January 2013. The option will expire if the sale is not completed by 15th February 2013. Completion is expected to occur shortly after shareholders’ approval has been obtained. Jardine Strategic Holdings Limited, which holds a 73.7% direct interest in MOIL, has given its undertaking to vote in favour of the Transaction.

A circular to shareholders will be published today which contains further details of the Transaction, together with a notice convening the Special General Meeting to consider and, if thought fit, approve the Transaction. A copy of the circular will be available on the investors section of the Company’s website at ‘www.mandarinoriental.com’. The document has also been submitted to the National Storage Mechanism and will shortly be available for inspection at ‘www.morningstar.co.uk/uk/NSM’.

The proposed Transaction will provide an opportunity for the Group to unite the freehold, leasehold and fonds de commerce rights into a single ownership structure, which is expected to unlock the full market value of the overall asset and create additional capital value. It will also provide rental income to the Group via the acquisition of the two retail units at the Property and bring opportunities for future expansion of the hotel.

As the building structure is newly built and equipped to a high standard, minimal capital investment is expected in the medium term.

The Group will finance the acquisition from existing cash reserves and new debt facilities with an interest cost that is lower than the rent due under the existing hotel lease.

In the financial year ended 31st December 2012 the Property generated rental income of €10.7 million (US$14.0 million). A valuation of €342.9 million (US$447.8 million) has been attributed to the combined value of the Group’s interest in the Property, including the two retail units and the hotel business, following completion of the Transaction by CBRE in their valuation report included in the circular to shareholders.

The Group is the award-winning owner and operator of some of the world’s most prestigious hotels, resorts and residences. The Group now operates, or has under development, 45 hotels representing over 11,000 rooms in 28 countries, with 19 hotels in Asia, 13 in The Americas and 13 in Europe, Middle East and North Africa. In addition, the Group operates, or has under development, 14 Residences at Mandarin Oriental connected to its properties. Mandarin Oriental International Limited is incorporated in Bermuda and has a premium listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. It is a member of the Jardine Matheson Group.

- end -

For further information, please contact:

Mandarin Oriental Hotel Group International Limited
Craig Beattie (852) 2895 9288
Sally de Souza (852) 2895 9167


This and other Group announcements can be accessed through the internet at ‘www.mandarinoriental.com’.  
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MapletreeLog - MISCELLANEOUS :: COMPLETION OF ACQUISITION OF MAPLETREE WUXI LOGISTICS PARK IN CHINA

Announcement Type: MISCELLANEOUS
Company: MAPLETREE LOGISTICS TRUST
Stock Code/Name: M44U - MapletreeLog

MISCELLANEOUS
* Asterisks denote mandatory information
Name of Announcer * MAPLETREE LOGISTICS TRUST MANAGEMENT LTD.  
Company Registration No. 200500947N  
Announcement submitted on behalf of MAPLETREE LOGISTICS TRUST  
Announcement is submitted with respect to * MAPLETREE LOGISTICS TRUST  
Announcement is submitted by * Wan Kwong Weng  
Designation * Joint Company Secretary  
Date & Time of Broadcast 11-Jan-2013 19:19:39  
Announcement No. 00112  
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Announcement Title * COMPLETION OF ACQUISITION OF MAPLETREE WUXI LOGISTICS PARK IN CHINA  
Description
Please see attached.  
Attachments
Total size = 35K
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