SIAS Virtual Dialogue Session
INVITATION TO A VIRTUAL DIALOGUE SESSION FOR STAPLED SECURITYHOLDERS OF EAGLE HOSPITALITY TRUST IN RELATION TO THE PROPOSED CHANGE OF MANAGERS AND RELATED MATTERS
On 8 December 2020, Eagle Hospitality REIT Management Pte. Ltd., in its capacity as manager (“EH-REIT Manager”) of Eagle Hospitality Real Estate Investment Trust (“EH-REIT”), Eagle Hospitality Business Trust Management Pte. Ltd., in its capacity as trustee-manager (collectively with the EH-REIT Manager, the “Managers”) of Eagle Hospitality Business Trust (“EH-BT”) and DBS Trustee Limited, in its capacity as trustee of EH-REIT (“EH-REIT Trustee”) announced the proposed appointment of SCCPRE Hospitality REIT Management Pte. Ltd. as the new manager of EH-REIT (“New REIT Manager”) and SCCPRE Hospitality Business Trust Management Pte. Ltd. as the new trustee-manager of EH-BT (“New Trustee-Manager”), the Proposed Base Fee Supplement (EH-REIT) to reflect the proposed base fee structure of the New REIT Manager, and the Proposed Authority for the Issuance of Stapled Securities for Payment of the New Managers’ Base Fees for the issuance of up to 140 million new Stapled Securities at the Issue Price per Stapled Security for payment of the base fees payable to the New Managers for FY2021 and FY2022 (collectively, the “Proposed Change of Managers and Related Matters”). The Proposed Change of Managers and Related Matters is subject to Stapled Securityholders’ approval at the Extraordinary General Meeting of Eagle Hospitality Trust (“EHT”) to be convened and held by way of electronic means on Wednesday, 30 December 2020 at 2.00 p.m.
EHT cordially invite their Stapled Securityholders to attend the Dialogue Session in relation to the Proposed Change of Managers and Related Matters.
Facilitated and Moderated By:
|SIAS||EH-REIT Trustee||SCCPRE Hospitality
|Mr. Loh Uantchern, Vice President||Jane Lim||Suchad Chiaranussati
Loh Hwee Long
Stapled Securityholders of EHT
Due to the current COVID-19 situation in Singapore, the Dialogue Session will be held virtually via a live audio-visual webcast. The [meeting link] will be provided to confirmed registrants. The Dialogue Session will be conducted in English only.
Confirmed registrants can pre-submit questions to EHT, which will be addressed at the Dialogue Session.
Kindly RSVP and submit your questions by 11 December 2020, Friday, 12.00 p.m. to SIAS at https://sias.org.sg/eht. Please provide your Full Name (NRIC or FIN), Last Four Digits of NRIC or FIN, Contact Number, Email Address, and Proof of holding for registration.
Please note that the Dialogue Session is exclusively for Stapled Securityholders of EHT only. A confirmation email will be sent to you from SIAS before the event. Please refer to the important notes below for more details.
- The Dialogue Session is open only to the Stapled Securityholders of EHT. If you are a Stapled Securityholder of EHT, you are eligible to register for and attend the session.
- Pre-registration is compulsory, and only verified Stapled Securityholders will be allowed to attend.
- Stapled Securityholders are not permitted to appoint a proxy to attend the Dialogue Session on their behalf. A Stapled Securityholder who holds Stapled Securities through nominees (including, if such Stapled Securityholder is a corporation, their appointed representative) must present proof of holdings or letter(s) of verification (e.g. a letter from the nominee bank) during the registration process in order to receive a unique link to access the Dialogue Session.
- [Login details will be provided in the confirmation email sent to verified Stapled Securityholders. Each set of login details will only allow one person to login during the live webcast. Multiple logins using the same set of login details will not be allowed.]
- SIAS reserves the right to deny or restrict access without notice of any unauthorised use of account or any other breach of security.
By providing your contact details, you agree that your personal data may be collected, used and disclosed by SIAS, the EH-REIT Trustee and their service providers, agents and authorised representatives for the purposes of administering and facilitating the Dialogue Session (including providing any communications in relation to the Dialogue Session) and other purposes in connection with the Proposed Change of Managers and Related Matters as well as for investor relations communications and in order for SIAS, the EH-REIT Trustee and their service providers, agents and authorised representatives to comply with any applicable laws, listing rules, regulations and/or guidelines.
The EH-REIT Trustee and the directors of the Managers (including those who may have delegated detailed supervision of the preparation of this letter) have taken all reasonable care to ensure that the facts stated and opinions expressed in this letter are fair and accurate and that there are no other material facts not contained in this letter, the omission of which would make any statement in this letter misleading.
Where any information has been extracted or reproduced from published or otherwise publicly available sources or obtained from a named source, the sole responsibility of the EH-REIT Trustee and the directors of the Managers 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 this letter.
All capitalised terms not defined herein shall have the same meaning given to them in the circular to Stapled Securityholders dated 8 December 2020.
If you have any questions regarding the Dialogue Session and/or the Proposed Change of Managers and Related Matters, please contact: firstname.lastname@example.org