Insider Trades

Insider Trades Filter

Buyer/Seller : 

Year :         Type :      

Updated: 02 Apr 2020 17:09
SGX Symbol: OXMU Currency: USD
Last Done: 0.610 Volume ('000): 404.9
Change: -0.010 % Change: -1.6
Day's Range: 0.590 - 0.620 52 Weeks' Range: 0.500 - 1.070
Announce Date [Date of Effective Change] Buyer/ Seller Name [Type*] S/ W/ U ** Bought/ (Sold) ('000) Price ($) After Trade Note
No. of Shares ('000) *** % Held ***
05/03/20
[05/03/20]
KBS US Prime Property Management Pte. Ltd. [TMRP] S/U 1,375  0.973 2,515 0.24 Note
Remarks
Acquisition of Securities as part of management, acquisition and/or divestment fees paid by the Listed Issuer

Immediately after the transaction
No. of ordinary voting shares/units held: 2514593 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.23900000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of unitholding after the change is calculated based on 1,051,770,592 Units.

DBS Bank Ltd. was the sole financial advisor and issue manager for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited were the joint bookrunners and underwriters for the Offering.
27/02/20
[21/02/20]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U 3,000  - 88,754 8.44 Note
Remarks
Issuance of 125,392,000 new Units on 21 February 2020 pursuant to the Private Placement (as defined in the Listed Issuer's announcements on 12, 20 and 21 February 2020). Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 88754073 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 8.44000000 (Deemed Interest)
Temasek does not have any direct interest in Units. Temasek is filing this notification form to report a change in the percentage level of its deemed interest in Units from 9.27% to 8.44% as a result of the issuance of 125,392,000 new Units on 21 February 2020 pursuant to the Private Placement (as defined in the Listed Issuer's announcements on 12, 20 and 21 February 2020). Temasek is deemed interested in Units through Keppel and DBSH as follows. (A) Temasek's deemed interest via Keppel 6.05% (i) Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") holds 5.95% of Units. (ii) KUPPM holds 0.10% of Units. (iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in KUPPM. (iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL"). (v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL"). (vi) KCHPL is a wholly owned subsidiary of Keppel. (vii) Temasek has a more than 20% interest in Keppel. (B) Temasek's deemed interest via DBSH 2.39% (i) DBS Bank Ltd. ("DBS Bank") has an interest in 2.39% of Units.* (ii) DBS Bank is a wholly owned subsidiary of DBSH. (iii) Temasek has a more than 20% interest in DBSH. --------------- Total deemed interest of Temasek 8.44% ======== Keppel and DBSH are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in Units. * Footnote: DBS Bank has been allocated 3,000,000 new Units under the Private Placement. The percentage of interest immediately before the change is calculated on the basis of 925,003,872 Units. The percentage of interest immediately after the change is calculated on the basis of 1,050,395,872 Units. In this Notice, figures are rounded down to the nearest 0.01%. Any discrepancies in aggregated figures are due to rounding.
20/01/20
[13/01/20]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U 4,634  - 85,724 9.26 Note
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): US$4,483,201.50 paid by DBS Bank. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 85723673 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 9.26000000 (Deemed Interest)
Temasek does not have any direct interest in Units. Temasek is filing this notification form to report a change in the percentage level of its deemed interest in Units from 8.76% to 9.26% due to the acquisition of 4,633,800 Units by DBS Bank via market transaction. Temasek is deemed interested in Units through Keppel Corporation Limited ("Keppel") and DBSH as follows. (A) Temasek's deemed interest via Keppel 6.879% (i) Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") holds 6.756% of Units. (ii) KUPPM holds 0.123% of Units. (iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in KUPPM. (iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL"). (v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL"). (vi) KCHPL is a wholly owned subsidiary of Keppel. (vii) Temasek has a more than 20% interest in Keppel. (B) Temasek's deemed interest via DBSH 2.387% (i) DBS Bank has an interest in 2.387% of Units. (ii) DBS Bank is a wholly owned subsidiary of DBSH. (iii) Temasek has a more than 20% interest in DBSH. --------------- Total deemed interest of Temasek 9.26% ======== Keppel and DBSH are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in Units. The percentage of interest immediately before and after the change is calculated on the basis of 925,003,872 Units. In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be. Any discrepancies in aggregated figures are due to rounding.
11/01/20
[26/11/19]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U 1,140  0.916 75,003 8.10 Note
Remarks
Payment of part of management fee by way of issue of 1,139,872 new Units to KUPPM. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 75002873 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 8.10000000 (Deemed Interest)
Temasek does not have any direct interest in Units. Temasek is filing this notification form to report a change in the percentage level of its deemed interest in Units from 7.99% to 8.10% due to the payment of part of management fee by way of issue of 1,139,872 new Units to KUPPM. Temasek is deemed interested in Units through Keppel and DBSH as follows. (A) Temasek's deemed interest via Keppel 6.879% (i) Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") holds 6.756% of Units. (ii) KUPPM holds 0.123% of Units. (iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in KUPPM. (iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL"). (v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL"). (vi) KCHPL is a wholly owned subsidiary of Keppel. (vii) Temasek has a more than 20% interest in Keppel. (B) Temasek's deemed interest via DBSH 1.228% (i) DBS Bank Ltd. ("DBS Bank") has an interest in 1.228% of Units. (ii) DBS Bank is a wholly owned subsidiary of DBSH. (iii) Temasek has a more than 20% interest in DBSH. --------------- Total deemed interest of Temasek 8.10% ======== Keppel and DBSH are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in Units. The percentage of interest immediately before the change is calculated on the basis of 923,864,000 Units. The percentage of interest immediately after the change is calculated on the basis of 925,003,872 Units. In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be. Any discrepancies in aggregated figures are due to rounding.
26/11/19
[26/11/19]
KBS US Prime Property Management Pte. Ltd. [TMRP] S/U 1,140  0.916 1,140 0.12 Note
Remarks
Acquisition of Securities as part of management, acquisition and/or divestment fees paid by the Listed Issuer Immediately after the transaction
No. of ordinary voting shares/units held: 1139873 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.12300000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of unitholding after the change is calculated based on 925,003,872 Units. DBS Bank Ltd. was the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. were the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited were the joint bookrunners and underwriters for the Offering.
23/08/19
[21/08/19]
KBS Limited Partnership III [SSH] S/U (18,392)  0.880 289,562 31.30 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 289561899 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 31.30000000 (Deemed Interest)
KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. Accordingly, KBS Limited Partnership III is deemed to be interested in KBS REIT Properties III LLC's direct and deemed interests in the Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/08/19
[21/08/19]
KBS REIT Holdings III, LLC [SSH] S/U (18,392)  0.880 289,562 31.30 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 289561899 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 31.30000000 (Deemed Interest)
KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. Accordingly, KBS REIT Holdings III, LLC is deemed to be interested in KBS REIT Properties III LLC's direct and deemed interests in the Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/08/19
[21/08/19]
KBS REIT Properties III LLC [SSH] S/U (18,392)  0.880 289,562 31.30 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 289561899 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 31.30000000 (Direct Interest); 0.00000000 (Deemed Interest)
Pursuant to a unit lending agreement dated 15 July 2019 between KBS REIT Properties III and Merrill Lynch (Singapore) Pte. Ltd. (the stabilizing manager for the Offering), Merrill Lynch (Singapore) Pte. Ltd. borrowed 22,727,000 units ("Loaned Units") from KBS REIT Properties III. As a result of this transaction, KBS REIT Properties III had a deemed interest in the Loaned Units. Merill Lynch (Singapore) Pte. Ltd. had, on 16 August 2019, partially exercised the over-allotment option in respect of 18,392,100 Units, solely for the purpose of covering the balance of the 22,727,00 Units which had been over-allotted in connection with the Offering and which were not covered by purchases made under the price stabilising action. Accordingly, Merill Lynch (Singapore) Pte. Ltd. would have to re-deliver 4,334,900 Units to KBS REIT Properties III, LLC. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint book-runners and underwriters for the Offering.
23/08/19
[21/08/19]
KBS Real Estate Investment Trust III, Inc. [SSH] S/U (18,392)  0.880 289,562 31.30 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 289561899 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 31.30000000 (Deemed Interest)
KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. Accordingly, KBS Real Estate Investment Trust III, Inc. is deemed to be interested in KBS REIT Properties III, LLC's direct and deemed interests in the Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
21/08/19
[16/08/19]
Bank of America Corporation [SSH] R/O/W (22,727)  - 27,702 3.00 Note
Remarks
Partial exercise of Over-Allotment Option in respect of 18,392,100 Units which were not covered by purchases made under the price stabilizing action. The closing for the exercise of the Over-Allotment Option occurred on 16 August 2019, and is deemed to have discharged the rights to 4,334,900 Units covered by stabilizing purchases. Accordingly, Merrill Lynch (Singapore) Pte. Ltd. ceased to have any deemed interests in the 22,727,000 Units. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 27702000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.00000000 (Deemed Interest)
Merrill Lynch International, which is also indirectly wholly-owned by BofAML Jersey Holdings Limited, is deemed interested in 640,100 units in Prime US REIT ("Units") deposited by a prime brokerage client with Merrill Lynch International (the "Relevant PB Units"). Merrill Lynch International is deemed interested in the Relevant PB Units as it has rights of rehypothecation over the Relevant PB units under the prime brokerage arrangement with the client. Merrill Lynch International, as the dealer appointed by Merrill Lynch (Singapore) Pte. Ltd. for stabilization activity, holds 4,334,900 Units as of 16 August 2019. Merrill Lynch International is directly interested in 4,334,900 Units (the "Stabilization Units"). Merrill Lynch International, as the agent appointed by Merrill Lynch (Singapore) Pte. Ltd., borrowed 22,727,000 Units from the Unit Lender, pursuant to the Unit Lending Agreement entered into between Merrill Lynch (Singapore) Pte. Ltd. and the Unit Lender dated 15 July 2019 for the purpose of facilitating settlement of the over-allotment of Units (if any) in connection with the Offering. Merrill Lynch International is directly interested in 22,727,000 Units (the "Borrowed Units"). BofAML Jersey Holdings Limited wholly owns BofAML EMEA Holdings 2 Limited, which holds an 80.1% interest in ML UK Capital Holdings Limited. ML UK Capital Holdings Limited wholly owns Merrill Lynch International. Accordingly, BofAML Jersey Holdings Limited is deemed to have interests in 27,702,000 Units, being the aggregate of (i) 640,100 Relevant PB Units, (ii) 4,334,900 Stabilization Units, and (iii) 22,727,000 Borrowed Units. Bank of America Corporation wholly owns NB Holdings Corporation, and indirectly wholly-owns BofAML Jersey Holdings Limited. Accordingly, Bank of America Corporation is deemed to have interests in 27,702,000 Units.
21/08/19
[16/08/19]
BofAML Jersey Holdings Limited [SSH] R/O/W (22,727)  - 27,702 3.00 Note
Remarks
Partial exercise of Over-Allotment Option in respect of 18,392,100 Units which were not covered by purchases made under the price stabilizing action. The closing for the exercise of the Over-Allotment Option occurred on 16 August 2019, and is deemed to have discharged the rights to 4,334,900 Units covered by stabilizing purchases. Accordingly, Merrill Lynch (Singapore) Pte. Ltd. ceased to have any deemed interests in the 22,727,000 Units. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 27702000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.00000000 (Deemed Interest)
Merrill Lynch International, which is also indirectly wholly-owned by BofAML Jersey Holdings Limited, is deemed interested in 640,100 units in Prime US REIT ("Units") deposited by a prime brokerage client with Merrill Lynch International (the "Relevant PB Units"). Merrill Lynch International is deemed interested in the Relevant PB Units as it has rights of rehypothecation over the Relevant PB units under the prime brokerage arrangement with the client. Merrill Lynch International, as the dealer appointed by Merrill Lynch (Singapore) Pte. Ltd. for stabilization activity, holds 4,334,900 Units as of 16 August 2019. Merrill Lynch International is directly interested in 4,334,900 Units (the "Stabilization Units"). Merrill Lynch International, as the agent appointed by Merrill Lynch (Singapore) Pte. Ltd., borrowed 22,727,000 Units from the Unit Lender, pursuant to the Unit Lending Agreement entered into between Merrill Lynch (Singapore) Pte. Ltd. and the Unit Lender dated 15 July 2019 for the purpose of facilitating settlement of the over-allotment of Units (if any) in connection with the Offering. Merrill Lynch International is directly interested in 22,727,000 Units (the "Borrowed Units"). BofAML Jersey Holdings Limited wholly owns BofAML EMEA Holdings 2 Limited, which holds an 80.1% interest in ML UK Capital Holdings Limited. ML UK Capital Holdings Limited wholly owns Merrill Lynch International. Accordingly, BofAML Jersey Holdings Limited is deemed to have interests in 27,702,000 Units, being the aggregate of (i) 640,100 Relevant PB Units, (ii) 4,334,900 Stabilization Units, and (iii) 22,727,000 Borrowed Units.
21/08/19
[16/08/19]
NB Holdings Corporation [SSH] R/O/W (22,727)  - 27,702 3.00 Note
Remarks
Partial exercise of Over-Allotment Option in respect of 18,392,100 Units which were not covered by purchases made under the price stabilizing action. The closing for the exercise of the Over-Allotment Option occurred on 16 August 2019, and is deemed to have discharged the rights to 4,334,900 Units covered by stabilizing purchases. Accordingly, Merrill Lynch (Singapore) Pte. Ltd. ceased to have any deemed interests in the 22,727,000 Units. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 27702000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.00000000 (Deemed Interest)
Merrill Lynch International, which is also indirectly wholly-owned by BofAML Jersey Holdings Limited, is deemed interested in 640,100 units in Prime US REIT ("Units") deposited by a prime brokerage client with Merrill Lynch International (the "Relevant PB Units"). Merrill Lynch International is deemed interested in the Relevant PB Units as it has rights of rehypothecation over the Relevant PB units under the prime brokerage arrangement with the client. Merrill Lynch International, as the dealer appointed by Merrill Lynch (Singapore) Pte. Ltd. for stabilization activity, holds 4,334,900 Units as of 16 August 2019. Merrill Lynch International is directly interested in 4,334,900 Units (the "Stabilization Units"). Merrill Lynch International, as the agent appointed by Merrill Lynch (Singapore) Pte. Ltd., borrowed 22,727,000 Units from the Unit Lender, pursuant to the Unit Lending Agreement entered into between Merrill Lynch (Singapore) Pte. Ltd. and the Unit Lender dated 15 July 2019 for the purpose of facilitating settlement of the over-allotment of Units (if any) in connection with the Offering. Merrill Lynch International is directly interested in 22,727,000 Units (the "Borrowed Units"). BofAML Jersey Holdings Limited wholly owns BofAML EMEA Holdings 2 Limited, which holds an 80.1% interest in ML UK Capital Holdings Limited. ML UK Capital Holdings Limited wholly owns Merrill Lynch International. Accordingly, BofAML Jersey Holdings Limited is deemed to have interests in 27,702,000 Units, being the aggregate of (i) 640,100 Relevant PB Units, (ii) 4,334,900 Stabilization Units, and (iii) 22,727,000 Borrowed Units. NB Holdings Corporation wholly owns BofAML Jersey Holdings Limited. Accordingly, NB Holdings Corporation is deemed to have interests in 27,702,000 Units.
24/07/19
[19/07/19]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U 73,863  0.880 73,863 7.99 Note
Remarks
Acquisition of (i) 62,500,000 Units by Keppel Capital Investment Holdings Pte. Ltd. ("KCIH") and (ii) 11,363,000 Units by DBS Bank Ltd ("DBS Bank"), each, pursuant to subscription agreements with the manager of Prime US REIT. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 73863001 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 7.99000000 (Deemed Interest)
Temasek does not have any direct interest in the Units. Temasek is filing this notification form to report its deemed interest in Units through Keppel and DBSH. (1) Temasek's deemed interest via Keppel 6.765% (i) KCIH holds 6.765% of Units. (ii) KBS US Prime Property Management Pte. Ltd. (the "Manager") holds one Unit. (iii) Keppel Capital Two Pte. Ltd. ("KC Two") has a 30% interest in the Manager. (iv) KC Two is a wholly owned subsidiary of Keppel Capital Management Pte. Ltd. ("KCMPL"). (v) KCIH and KCMPL are wholly owned subsidiaries of Keppel Capital Holdings Pte. Ltd. ("KCHPL"). (vi) KCHPL is a wholly owned subsidiary of Keppel. (vii) Temasek has a more than 20% interest in Keppel. (2) Temasek's deemed interest via DBSH 1.229% (i) DBS Bank has an interest in approximately 1.229% of Units. (ii) DBS Bank is a wholly owned subsidiary of DBSH. (iii) Temasek has a more than 20% interest in DBSH. ---------------- Total deemed interest of Temasek 7.99% ======== Keppel and DBSH are independently managed Temasek portfolio companies. Temasek is not involved in their business or operating decisions, including those regarding their positions in the Units. The percentage of interest immediately before and after the change is calculated on the basis of 923,864,000 Units. In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be. Any discrepancies in aggregated figures are due to rounding.
24/07/19
[19/07/19]
Steppe Investments Pte. Ltd. [SSH] OTH, 68,182  - 68,182 NA Note
Remarks
Type of securities which are subject of the transaction units of a real estate investment trust Acquisition of Securities via a placement Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): USD60,000,160 Immediately after the transaction
No. of ordinary voting shares/units held: 68182000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)
Pursuant to a subscription agreement dated 27 June 2019 signed between DBS Bank Ltd and KBS US Prime Property Management Pte. Ltd. and concurrent with the initial public offering of Prime US REIT ( on 19 July 2019, Steppe Investments Pte. Ltd. has subscribed for and received 68,182,000 units as a wealth management client of DBS Bank Ltd. The percentage of unitholding set out is calculated based on the total number of units in issue being 923,864,000 units
24/07/19
[19/07/19]
Bank of America Corporation [SSH] S/U 49,917  - 49,917 5.40 Note
Remarks
Deemed interests in 49,916,900 Units: (i) 22,727,000 Units arising from the grant of the over-allotment option in connection with the IPO of Prime US REIT; (ii) 26,494,500 Units arising from Units purchased under stabilization and Units borrowed; (iii) 695,400 Units pursuant to a prime brokerage arrangement where Merrill Lynch International has rights of rehypothecation. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 49916900 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.40000000 (Deemed Interest)
In connection with the initial public offering ("the Offering") of Prime US REIT (the "Prospectus"), KBS US Prime Property Management Pte. Ltd. have granted an over-allotment option (the "Over-Allotment Option") exercisable by Merrill Lynch (Singapore) Pte. Ltd. (the "Stabilising Manager") (or any of its affiliates), in consultation with the other Joint Bookrunners (as defined in the Prospectus), in full or in part, on one or more occasions, to acquire from the Unit Lender, up to an aggregate of 22,727,000 Units at the Offering Price. As Merrill Lynch (Singapore) Pte. Ltd. is indirectly wholly-owned by BofAML Jersey Holdings Limited, BofAML Jersey Holdings Limited is deemed to have interests in the 22,727,000 Units subject to the Over-Allotment Option. Merrill Lynch International, which is also indirectly wholly-owned by BofAML Jersey Holdings Limited, is deemed interested in 695,400 Units deposited by a prime brokerage client with Merrill Lynch International (the "Relevant PB Units"). Merrill Lynch International is deemed interested in the Relevant PB Units as it has rights of rehypothecation over the Relevant PB units under the prime brokerage arrangement with the client. Merrill Lynch International, as the dealer appointed by Merrill Lynch (Singapore) Pte. Ltd. for stabilization activity, bought 3,767,500 Units on the market on trade date 19 July 2019. Merrill Lynch International is directly interested in 3,767,500 Units (the "Stabilization Units"). Merrill Lynch International, as the agent appointed by Merrill Lynch (Singapore) Pte. Ltd., borrowed 22,727,000 Units from the Unit Lender, pursuant to the Unit Lending Agreement entered into between Merrill Lynch (Singapore) Pte. Ltd. and the Unit Lender dated 15 July 2019 for the purpose of facilitating settlement of the over-allotment of Units (if any) in connection with the Offering. Merrill Lynch International is directly interested in 22,727,000 Units (the "Borrowed Units"). As Merrill Lynch International is indirectly wholly-owned by BofAML Jersey Holdings Limited, BofAML Jersey Holdings Limited is deemed to have interests in 27,189,900 Units, being the aggregate of (i) 695,400 Relevant PB Units, (ii) 3,767,500 Stabilization Units, and (iii) 22,727,000 Borrowed Units. Accordingly, Bank of America Corporation, as the ultimate mutual parent company of Merrill Lynch (Singapore) Pte. Ltd. and Merrill Lynch International, is deemed interested in 49,916,900 Units, being the aggregate of (i) 22,727,000 Units under Merrill Lynch (Singapore) Pte. Ltd., and (ii) 27,189,900 Units under Merrill Lynch International. Bank of America Corporation wholly owns NB Holdings Corporation, and indirectly wholly-owns BofAML Jersey Holdings Limited.
24/07/19
[19/07/19]
BofAML Jersey Holdings Limited [SSH] S/U 49,917  - 49,917 5.40 Note
Remarks
Deemed interests in 49,916,900 Units: (i) 22,727,000 Units arising from the grant of the over-allotment option in connection with the IPO of Prime US REIT; (ii) 26,494,500 Units arising from Units purchased under stabilization and Units borrowed; (iii) 695,400 Units pursuant to a prime brokerage arrangement where Merrill Lynch International has rights of rehypothecation. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 49916900 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.40000000 (Deemed Interest)
In connection with the initial public offering ("the Offering") of Prime US REIT (the "Prospectus"), KBS US Prime Property Management Pte. Ltd. have granted an over-allotment option (the "Over-Allotment Option") exercisable by Merrill Lynch (Singapore) Pte. Ltd. (the "Stabilising Manager") (or any of its affiliates), in consultation with the other Joint Bookrunners (as defined in the Prospectus), in full or in part, on one or more occasions, to acquire from the Unit Lender, up to an aggregate of 22,727,000 Units at the Offering Price. As Merrill Lynch (Singapore) Pte. Ltd. is indirectly wholly-owned by BofAML Jersey Holdings Limited, BofAML Jersey Holdings Limited is deemed to have interests in the 22,727,000 Units subject to the Over-Allotment Option. Merrill Lynch International, which is also indirectly wholly-owned by BofAML Jersey Holdings Limited, is deemed interested in 695,400 Units deposited by a prime brokerage client with Merrill Lynch International (the "Relevant PB Units"). Merrill Lynch International is deemed interested in the Relevant PB Units as it has rights of rehypothecation over the Relevant PB units under the prime brokerage arrangement with the client. Merrill Lynch International, as the dealer appointed by Merrill Lynch (Singapore) Pte. Ltd. for stabilization activity, bought 3,767,500 Units on the market on trade date 19 July 2019. Merrill Lynch International is directly interested in 3,767,500 Units (the "Stabilization Units"). Merrill Lynch International, as the agent appointed by Merrill Lynch (Singapore) Pte. Ltd., borrowed 22,727,000 Units from the Unit Lender, pursuant to the Unit Lending Agreement entered into between Merrill Lynch (Singapore) Pte. Ltd. and the Unit Lender dated 15 July 2019 for the purpose of facilitating settlement of the over-allotment of Units (if any) in connection with the Offering. Merrill Lynch International is directly interested in 22,727,000 Units (the "Borrowed Units"). BofAML Jersey Holdings Limited wholly owns BofAML EMEA Holdings 2 Limited, which holds an 80.1% interest in ML UK Capital Holdings Limited. ML UK Capital Holdings Limited wholly owns Merrill Lynch International. Accordingly, BofAML Jersey Holdings Limited is deemed to have interests in 27,189,900 Units, being the aggregate of (i) 695,400 Relevant PB Units, (ii) 3,767,500 Stabilization Units, and (iii) 22,727,000 Borrowed Units. Accordingly, BofAML Jersey Holdings Limited is overall deemed interested in 49,916,900 Units, being the aggregate of (i) 22,727,000 Units under Merrill Lynch (Singapore) Pte. Ltd., and (ii) 27,189,900 Units under Merrill Lynch International.
24/07/19
[19/07/19]
NB Holdings Corporation [SSH] S/U 49,917  - 49,917 5.40 Note
Remarks
Deemed interests in 49,916,900 Units: (i) 22,727,000 Units arising from the grant of the over-allotment option in connection with the IPO of Prime US REIT; (ii) 26,494,500 Units arising from Units purchased under stabilization and Units borrowed; (iii) 695,400 Units pursuant to a prime brokerage arrangement where Merrill Lynch International has rights of rehypothecation. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 49916900 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.40000000 (Deemed Interest)
In connection with the initial public offering ("the Offering") of Prime US REIT (the "Prospectus"), KBS US Prime Property Management Pte. Ltd. have granted an over-allotment option (the "Over-Allotment Option") exercisable by Merrill Lynch (Singapore) Pte. Ltd. (the "Stabilising Manager") (or any of its affiliates), in consultation with the other Joint Bookrunners (as defined in the Prospectus), in full or in part, on one or more occasions, to acquire from the Unit Lender, up to an aggregate of 22,727,000 Units at the Offering Price. As Merrill Lynch (Singapore) Pte. Ltd. is indirectly wholly-owned by BofAML Jersey Holdings Limited, BofAML Jersey Holdings Limited is deemed to have interests in the 22,727,000 Units subject to the Over-Allotment Option. Merrill Lynch International, which is also indirectly wholly-owned by BofAML Jersey Holdings Limited, is deemed interested in 695,400 Units deposited by a prime brokerage client with Merrill Lynch International (the "Relevant PB Units"). Merrill Lynch International is deemed interested in the Relevant PB Units as it has rights of rehypothecation over the Relevant PB units under the prime brokerage arrangement with the client. Merrill Lynch International, as the dealer appointed by Merrill Lynch (Singapore) Pte. Ltd. for stabilization activity, bought 3,767,500 Units on the market on trade date 19 July 2019. Merrill Lynch International is directly interested in 3,767,500 Units (the "Stabilization Units"). Merrill Lynch International, as the agent appointed by Merrill Lynch (Singapore) Pte. Ltd., borrowed 22,727,000 Units from the Unit Lender, pursuant to the Unit Lending Agreement entered into between Merrill Lynch (Singapore) Pte. Ltd. and the Unit Lender dated 15 July 2019 for the purpose of facilitating settlement of the over-allotment of Units (if any) in connection with the Offering. Merrill Lynch International is directly interested in 22,727,000 Units (the "Borrowed Units"). As Merrill Lynch International is indirectly wholly-owned by BofAML Jersey Holdings Limited, BofAML Jersey Holdings Limited is deemed to have interests in 27,189,900 Units, being the aggregate of (i) 695,400 Relevant PB Units, (ii) 3,767,500 Stabilization Units, and (iii) 22,727,000 Borrowed Units. Accordingly, NB Holdings Corporation, as a mutual parent company of Merrill Lynch (Singapore) Pte. Ltd. and Merrill Lynch International, is deemed interested in 49,916,900 Units, being the aggregate of (i) 22,727,000 Units under Merrill Lynch (Singapore) Pte. Ltd., and (ii) 27,189,900 Units under Merrill Lynch International. NB Holdings Corporation wholly owns BofAML Jersey Holdings Limited.
23/07/19
[19/07/19]
Linda Bren [SSH] S/U 32,044  0.880 32,044 3.50 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 32043501 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 3.50000000 (Deemed Interest)
P Bren KAP I, LLC holds a 33 1/3% interest in KBS Asia Partners Pte. Ltd. which in turn owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Linda Bren 2017 Trust wholly-owns P Bren KAP I, LLC. Accordingly, Linda Bren 2017 Trust is deemed interested in KBS Asia Partners Pte. Ltd.'s and KBS US Prime Property Management Pte. Ltd.'s direct interests in Prime US REIT. KBS Asia Partners Pte. Ltd. directly holds 20,681,000 units in Prime US REIT.KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. Further, as stated in the prospectus of Prime US REIT, concurrently with but separate from the Offering, Linda Bren 2017 Trust has subscribed for 5,681,500 Units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 5,681,500 Units. Linda Bren 2017 Trust has also been allotted 5,681,000 Units under the placement tranche. Linda Bren is the sole beneficiary of Linda Bren 2017 Trust and accordingly, Linda Bren is deemed to be interested in the direct interests in Prime US REIT held by each of Linda Bren 2017 Trust, KBS Asia Partners Pte. Ltd. and KBS US Prime Property Management Pte. Ltd.. Linda Bren is the sole beneficiary of Linda Bren 2017 Trust. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. Immediately after the completion of the Offering, there were 923,864,000 outstanding Units. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
Linda Bren 2017 Trust [SSH] S/U 32,044  0.880 32,044 3.50 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 11362500 (Direct Interest); 20681001 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 1.30000000 (Direct Interest); 2.20000000 (Deemed Interest)
P Bren KAP I, LLC holds a 33 1/3% interest in KBS Asia Partners Pte. Ltd. which in turn owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Linda Bren 2017 Trust wholly-owns P Bren KAP I, LLC. Accordingly, Linda Bren 2017 Trust is deemed interested in KBS Asia Partners Pte. Ltd.'s and KBS US Prime Property Management Pte. Ltd.'s direct interests in Prime US REIT. KBS Asia Partners Pte. Ltd. directly holds 20,681,000 units in Prime US REIT.KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the initial public offering of Prime US REIT (the "Offering"). Further, as stated in the prospectus of Prime US REIT, concurrently with but separate from the Offering, Linda Bren 2017 Trust has subscribed for 5,681,500 Units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 5,681,500 Units. Linda Bren 2017 Trust has also been allotted 5,681,000 Units under the placement tranche. Linda Bren is the sole beneficary of Linda Bren 2017 Trust. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. Immediately after the completion of the Offering, there were 923,864,000 outstanding Units. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
KBS Limited Partnership III [SSH] S/U 307,954  0.880 307,954 33.30 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 307953999 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 33.30000000 (Deemed Interest)
KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. Accordingly, KBS Limited Partnership III is deemed to be interested in KBS REIT Properties III LLC's direct and deemed interests in the Units, including the Loaned Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
KBS REIT Holdings III, LLC [SSH] S/U 307,954  0.880 307,954 33.30 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 307953999 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 33.30000000 (Deemed Interest)
KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. Accordingly, KBS REIT Holdings III, LLC is deemed to be interested in KBS REIT Properties III LLC's direct and deemed interests in the Units, including the Loaned Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
KBS REIT Properties III LLC [SSH] S/U 307,954  0.880 307,954 33.30 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 285226999 (Direct Interest); 22727000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 30.80000000 (Direct Interest); 2.50000000 (Deemed Interest)
As stated in the prospectus of Prime US REIT, concurrently with but separate from the Offering, KBS REIT Properties III has subscribed for 228,408,999 Units pursuant to a subscription agreement dated 27 June 2019 with the Manager, and received 228,408,999 Units. In addition, KBS REIT Properties III was allocated 79,545,000 Units under the placement tranche. Pursuant to a unit lending agreement dated 15 July 2019 between KBS REIT Properties III and Merrill Lynch (Singapore) Pte. Ltd. (the stabilising manager for the Offering), Merrill Lynch (Singapore) Pte. Ltd. has borrowed 22,727,000 units ("Loaned Units") from KBS REIT Properties III. As a result of this transaction, KBS REIT Properties III has a deemed interest in the Loaned Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
KBS Real Estate Investment Trust III, Inc. [SSH] S/U 307,954  0.880 307,954 33.30 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 307953999 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 33.30000000 (Deemed Interest)
KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. Accordingly, KBS Real Estate Investment Trust III, Inc. is deemed to be interested in KBS REIT Properties III, LLC's direct and deemed interests in the Units, including the Loaned Units. KBS REIT Properties III, LLC is a wholly-owned subsidiary of KBS Limited Partnership III. KBS REIT Holdings III, LLC in turn holds a 99.9% interest in KBS Limited Partnership III and acts as its limited partner. KBS REIT Holdings III, LLC is wholly-owned by KBS Real Estate Investment Trust III, Inc.. KBS Real Estate Investment Trust III, Inc. is the sole general partner of and owns a 0.1% partnership interest in KBS Limited Partnership III. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
KBS Asia Partners Pte. Ltd. [SSH] S/U 20,681  0.880 20,681 2.20 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 20681000 (Direct Interest); 1 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 2.20000000 (Direct Interest); 0.00000000 (Deemed Interest)
KBS Asia Partners Pte. Ltd. was allocated 20,681,000 units in Prime US REIT under the placement tranche. KBS Asia Partners Pte. Ltd. owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Accordingly, KBS Asia Partners Pte. Ltd. is deemed interested in KBS US Prime Property Management Pte. Ltd.'s direct interest in Prime US REIT. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the initial public offering of Prime US REIT (the "Offering"). KBS Asia Partners Pte. Ltd. owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Each of P Bren KAP I, LLC and Schreiber KAP I, LLC owns a 33 1/3 % interest in KBS Asia Partners Pte. Ltd.. P Bren KAP I, LLC is in turn wholly-owned by Linda Bren 2017 Trust while Schreiber KAP I, LLC is indirectly controlled by Charles J. Schrieber, Jr.. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. Immediately after the completion of the Offering, there were 923,864,000 outstanding Units. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
P Bren KAP I, LLC [SSH] S/U 20,681  0.880 20,681 2.20 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 20681001 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 2.20000000 (Deemed Interest)
P Bren KAP I, LLC holds a 33 1/3% interest in KBS Asia Partners Pte. Ltd. which in turn owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Accordingly, P Bren KAP I, LLC is deemed interested in KBS Asia Partners Pte. Ltd.'s and KBS US Prime Property Management Pte. Ltd.'s direct interests in Prime US REIT. KBS Asia Partners Pte. Ltd. directly holds 20,681,000 units in Prime US REIT. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. KBS Asia Partners Pte. Ltd. owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Each of P Bren KAP I, LLC and Schreiber KAP I, LLC owns a 33 1/3 % interest in KBS Asia Partners Pte. Ltd.. P Bren KAP I, LLC is in turn wholly-owned by Linda Bren 2017 Trust while Schreiber KAP I, LLC is indirectly controlled by Charles J. Schrieber, Jr.. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. Immediately after the completion of the Offering, there were 923,864,000 outstanding Units. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
Schreiber KAP I, LLC [SSH] S/U 20,681  0.880 20,681 2.20 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 20681001 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 2.20000000 (Deemed Interest)
Schreiber KAP I, LLC holds a 33 1/3% interest in KBS Asia Partners Pte. Ltd. which in turn owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Accordingly, Schreiber KAP I, LLC is deemed interested in KBS Asia Partners Pte. Ltd.'s and KBS US Prime Property Management Pte. Ltd.'s direct interests in Prime US REIT. KBS Asia Partners Pte. Ltd. directly holds 20,681,000 units in Prime US REIT. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. KBS Asia Partners Pte. Ltd. owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Each of P Bren KAP I, LLC and Schreiber KAP I, LLC owns a 33 1/3 % interest in KBS Asia Partners Pte. Ltd.. P Bren KAP I, LLC is in turn wholly-owned by Linda Bren 2017 Trust while Schreiber KAP I, LLC is indirectly controlled by Charles J. Schrieber, Jr.. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. Immediately after the completion of the Offering, there were 923,864,000 outstanding Units. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
Charles J. Schreiber, Jr. [SSH] S/U 26,362  0.880 26,363 2.90 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 26362501 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 2.90000000 (Deemed Interest)
Schreiber KAP I, LLC holds a 33 1/3% interest in KBS Asia Partners Pte. Ltd. which in turn owns a 60% interest in KBS US Prime Property Management Pte. Ltd.. Schreiber KAP I, LLC is indirectly controlled by Charles J. Schreiber, Jr.. Accordingly, Charles J. Schreiber, Jr. is deemed interested in KBS Asia Partners Pte. Ltd.'s and KBS US Prime Property Management Pte. Ltd.'s direct interest in Prime US REIT. KBS Asia Partners Pte. Ltd. directly holds 20,681,000 units in Prime US REIT. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the initial public offering of Prime US REIT (the "Offering"). Further, as stated in the prospectus of Prime US REIT, concurrently with but separate from the Offering, the Schreiber Trust, whose beneficiaries include Charles J. Schreiber, Jr., has subscribed for 5,681,500 Units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 5,681,500 Units. KBS US Prime Property Management Pte. Ltd. was issued one unit in Prime US REIT prior to the Offering. Immediately after the completion of the Offering, there were 923,864,000 outstanding Units. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
AT INVESTMENTS LIMITED [SSH] S/U 85,226  - 85,226 9.22 Note
Remarks
As stated in the prospectus of Prime US REIT, concurrently with but separate from the Offering, AT Investments Limited has subscribed for 73,863,000 units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 73,863,000 units. In addition, AT Investments Limited has been allotted 11,363,000 units in Prime US REIT under the placement tranche of the Offering. Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): USD 74,998,880 Immediately after the transaction
No. of ordinary voting shares/units held: 85226000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 9.22500000 (Direct Interest); 0.00000000 (Deemed Interest)
AT Investments Limited is a wholly-owned subsidiary of Auctus Investments Limited, which is in turn wholly-owned by the Sai Charan Trust, whose beneficiaries are Mr Arvind Tiku and his immediate family members. The percentage of security holding set out above is rounded to three decimal places and is calculated on the basis of 923,864,000 outstanding units immediately after the initial public offering of Prime US REIT (the "Offering"). DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
AUCTUS INVESTMENTS LIMITED [SSH] S/U 85,226  - 85,226 9.22 Note
Remarks
As stated in the prospectus of Prime US REIT, concurrently with but separate from the Offering, AT Investments Limited has subscribed for 73,863,000 units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 73,863,000 units. In addition, AT Investments Limited has been allotted 11,363,000 units in Prime US REIT under the placement tranche of the Offering. Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): USD 74,998,880 Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 85226000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 9.22500000 (Deemed Interest)
AT Investments Limited is a wholly-owned subsidiary of Auctus Investments Limited. Accordingly, Auctus Investments Limited is deemed to be interested in the units in Prime US REIT held by AT Investments Limited. The percentage of security holding set out above is rounded to three decimal places and is calculated on the basis of 923,864,000 outstanding units immediately after the initial public offering of Prime US REIT (the "Offering"). DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
Arvind Tiku [SSH] S/U 85,226  - 85,226 9.22 Note
Remarks
As stated in the prospectus of Prime US REIT, concurrently with but separate from the Offering, AT Investments Limited has subscribed for 73,863,000 units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 73,863,000 units. In addition, AT Investments Limited has been allotted 11,363,000 units in Prime US REIT under the placement tranche of the Offering. Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): USD 74,998,880 Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 85226000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 9.22500000 (Deemed Interest)
Auctus Investments Limited is wholly-owned by the Sai Charan Trust (the "Trust"). Mr Arvind Tiku is the settlor of the Trust as well as a beneficiary under the Trust. The other named beneficiaries of the Trust are Mr Tiku's spouse and their two children, all of whom do not have a determined entitlement to any part of the Trust and are not aware of the investments which are undertaken by the Trust. By virtue of Section 4(3) of the Securities and Futures Act (Cap. 289), Mr Tiku, being a beneficiary of the Trust, is deemed to have an interest in the units in Prime US REIT deemed held by Auctus Investments Limited. The percentage of security holding set out above is rounded to three decimal places and is calculated on the basis of 923,864,000 outstanding units immediately after the initial public offering of Prime US REIT (the "Offering"). DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
23/07/19
[19/07/19]
Singapore Press Holdings Limited [SSH] S/U 68,181  0.880 68,181 7.38 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 68181000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 7.38000000 (Deemed Interest)
Singapore Press Holdings Limited is deemed to have an interest in the units in Prime US REIT in which Times Properties Private Limited has an interest, by virtue of Times Properties Private Limited being a wholly-owned subsidiary of Singapore Press Holdings Limited. Times Properties Private Limited is a wholly-owned subsidiary of Singapore Press Holdings Limited.
23/07/19
[19/07/19]
Times Properties Private Limited [SSH] S/U 68,181  0.880 68,181 7.38 Note
Remarks
Immediately after the transaction
No. of ordinary voting shares/units held: 68181000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 7.38000000 (Direct Interest); 0.00000000 (Deemed Interest)
Times Properties Private Limited is a wholly-owned subsidiary of Singapore Press Holdings Limited. Pursuant to a subscription agreement dated 28 June 2019 with KBS US Prime Property Management Pte. Ltd. (the "Manager") and concurrent with the initial public offering of Prime US REIT (the "Offering") on 19 July 2019, Times Properties Private Limited has subscribed for and received 62,500,000 units in Prime US REIT. Pursuant to the completion of the international placement of units to investors outside the United States of America (as announced on 18 July 2019 by the Manager) and concurrent with the Offering, Times Properties Private Limited has subscribed for and has been allocated 5,681,000 additional units in Prime US REIT. The percentage of unitholding set out above is calculated based on the total number of units in issue immediately after the completion of the Offering, being 923,864,000 units.
22/07/19
[19/07/19]
Keppel Capital Holdings Pte. Ltd. [SSH] S/U 62,500  0.880 62,500 6.76 Note
Remarks
As stated in the prospectus of Prime US REIT, concurrently with but separate from the initial public offering of Prime US REIT (the "Offering"), Keppel Capital Investment Holdings Pte. Ltd. has subscribed for 62,500,000 Units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 62,500,000 Units. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 62500001 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 6.76500000 (Deemed Interest)
Keppel Capital Holdings Pte. Ltd. indirectly wholly-owns Keppel Capital Two Pte. Ltd. which in turn holds a 30% interest in KBS US Prime Property Management Pte. Ltd.. KBS US Prime Property Management Pte. Ltd. holds one unit in Prime US REIT. Accordingly, Keppel Capital Holdings Pte. Ltd. is deemed to be interested in KBS US Prime Property Management Pte. Ltd.'s direct interest in 1 Unit. Keppel Capital Investment Holdings Pte. Ltd. is a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. Accordingly, Keppel Capital Holdings Pte. Ltd. is deemed to be interested in Keppel Capital Investment Holdings Pte. Ltd.'s direct interest in 62,500,000 Units. Keppel Capital Investment Holdings Pte. Ltd. is a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. which in turn is a wholly-owned subsidiary of Keppel Corporation Limited. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
22/07/19
[19/07/19]
Keppel Capital Investment Holdings Pte. Ltd. [SSH] S/U 62,500  0.880 62,500 6.76 Note
Remarks
As stated in the prospectus of Prime US REIT, concurrently with but separate from the initial public offering of Prime US REIT (the "Offering"), Keppel Capital Investment Holdings Pte. Ltd. has subscribed for 62,500,000 Units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 62,500,000 Units. Immediately after the transaction
No. of ordinary voting shares/units held: 62500000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 6.76500000 (Direct Interest); 0.00000000 (Deemed Interest)
Keppel Capital Investment Holdings Pte. Ltd. is a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. which in turn is a wholly-owned subsidiary of Keppel Corporation Limited. As stated in the prospectus of Prime US REIT, concurrently with but separate from the initial public offering of Prime US REIT (the "Offering"), Keppel Capital Investment Holdings Pte. Ltd. has subscribed for 62,500,000 Units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 62,500,000 Units. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
22/07/19
[19/07/19]
Keppel Corporation Limited [SSH] S/U 62,500  0.880 62,500 6.76 Note
Remarks
As stated in the prospectus of Prime US REIT, concurrently with but separate from the initial public offering of Prime US REIT (the "Offering"), Keppel Capital Investment Holdings Pte. Ltd. has subscribed for 62,500,000 Units pursuant to a subscription agreement dated 27 June 2019 with the manager of Prime US REIT, and received 62,500,000 Units. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 62500001 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 6.76500000 (Deemed Interest)
Keppel Capital Two Pte. Ltd. holds a 30% interest in KBS US Prime Property Management Pte. Ltd. and is an indirect wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. which in turn is a wholly-owned subsidiary of Keppel Corporation Limited. Accordingly, Keppel Corporation Limited is deemed to be interested in KBS US Prime Property Management Pte. Ltd. 's direct interest in 1 Unit. Keppel Capital Investment Holdings Pte. Ltd. is a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd., which in turn is a wholly-owned subsidiary of Keppel Corporation Limited. Accordingly, Keppel Corporation Limited is deemed to be interested in Keppel Capital Investment Holdings Pte. Ltd.'s direct interest in 62,500,000 Units. Keppel Capital Investment Holdings Pte. Ltd. is a wholly-owned subsidiary of Keppel Capital Holdings Pte. Ltd. which in turn is a wholly-owned subsidiary of Keppel Corporation Limited. The percentage of unitholding set out above is calculated on the basis of 923,864,000 outstanding Units immediately after the completion of the Offering. DBS Bank Ltd. is the sole financial adviser and issue manager for the Offering. DBS Bank Ltd. and Merrill Lynch (Singapore) Pte. Ltd. are the joint global coordinators for the Offering. DBS Bank Ltd., Merrill Lynch (Singapore) Pte. Ltd., China International Capital Corporation (Singapore) Pte. Limited, Credit Suisse (Singapore) Limited, Maybank Kim Eng Securities Pte. Ltd. and Oversea-Chinese Banking Corporation Limited are the joint bookrunners and underwriters for the Offering.
* DIR - Director (include Directors of related companies)
SSH - Substantial Shareholder
COY - Company Share Buyback
TMRP - Trustee-Manager/Responsible Person
** S - Shares
W - Warrants
U - Units
R - Rights
*** Direct & Deemed Interests

Notes

  1. Only trades by directors, substantial shareholders and company share buy back are included in Insider Trades.


Back
to Top