Stake changes: Raffles Education, Raffles Medical, CapitaLand China Trust, United Hampshire US REIT, ARA US Hospitality Trust

Raffles Medical’s Raffles Hospital at Bugis In SingaporeRaffles Medical’s Raffles Hospital at Bugis In Singapore

Singapore substantial shareholder changes: Raffles Education, CapitaLand China Trust, Raffles Medical Group, United Hampshire US REIT, ARA US Hospitality Trust, ARA Asset Management and ESR Cayman.

Raffles Education

Retired Brigadier-General Chua Chwee Koh, who was appointed as an independent non-executive director of Raffles Education on Friday, holds 5 million Raffles Education shares, or a 0.363 percent interest, according to a filing to SGX Friday. 

The work experience of Chua, age 59, includes chief operating officer of Certis CISCO Security, chief executive of Certis Integrated Services, Certis CISCO Security and chief of group technology and operations at Certis CISCO Security, according to a separate filing to SGX.  

CapitaLand China Trust

CapitaLand China Trust Management, the manager of CapitaLand China Trust, saw its interest in the trust rise to 6.52 percent from 5.84 percent previously after 12.11 million units were issued as payment of management fees, according to a filing to SGX Friday. 

ARA US Hospitality Trust, ARA Asset Management and ESR Cayman

ARA Asset Management and ESR Cayman‘s deemed interest in ARA US Hospitality Trust increased to 21.05 percent from 20.93 percent after 845,242 units were received at US$0.4847 a unit as payment of management fees, according to a filing to SGX Friday. 

ESR Cayman wholly owns ARA Asset Management. 

United Hampshire US REIT

United Hampshire US REIT Management, the manager of United Hampshire US REIT, received around 1.29 million units at US$0.66 a unit as payment of management fees on Friday, taking its interest to 0.454 percent from 0.225 percent previously, according to a filing to SGX Friday.

Raffles Medical Group

Loo Choon Yong, executive chairman of Raffles Medical Group, acquired 500,000 shares of the company for S$1.15 each on 3 March in the market, taking his total interest to 52.77 percent from 52.743 percent previously, according to a filing to SGX Friday. 

 

 

 

While you’re here, we’re hoping you can help us out.

Your monthly contribution will directly fund our journalism.

You can check your existing account here and you can sign in to Shenton Wire here.

You can also contact us to request our rate card for corporate sponsorship, advertising, syndication and sponsored articles.