9.00 p.m. on 15 October 2012 : Opening date and time for the Public Offer.
12.00 p.m. on 18 October 2012: Closing date and time for the Public Offer.
19 October 2012 : Balloting of applications
9.00 a.m. on 22 October 2012 : Commence trading of the Common Units on the Listing Date.
Religare%20Health%20Trust
Religare Health Trust Trustee Manager Pte. Ltd. , as trustee-manager of RHT (“Trustee- Manager”), is making an offering (the “Offering”) of 567,455,000 common units representing undivided interests in RHT (“Common Units”) for subscription at the offering price (“Offering Price”) of S$0.90 per Common Unit.
The Offering consists of (i) an international placement of 555,455,000 Common Units to investors, including institutional and other investors in Singapore (“Placement Tranche”), and (ii) an offering of 12,000,000 Common Units to the public in Singapore (“Public Offer”). The total number of Units in issue as at the date of this Prospectus is 220,676,944.
Pro forma NAV per Unit after the Offering S$0.87
At IPO gearing level will be 6.7%
Holders of the Sponsor Units do not have any entitlement in respect of any distribution to the extent such distribution is in respect of any distribution period (being the six-month period ending on 31 March or 30 September, as the case may be) falling within the Distribution Waiver Period (the “Distribution Waiver”). “Distribution Waiver Period” refers to the period commencing on the Listing Date up to (and including) 31 March 2014.
RHT will distribute 100.0% of its Distributable Income for the period from the Listing Date to 31 March 2014.
12 months average 10-year government bond yields 8.5%
Annualised Distribution Yield per Common Unit(14) . . . . . . . . . 8.88% 9.08%
Annualised Distribution Yield per Unit(14) . . . . . . . . . . . . . . . . . 6.42% 6.54%