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Swaziland+268
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Tajikistan+992
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Vanuatu+678
Vatican City (Città del Vaticano)+39
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Vietnam (Việt Nam)+84
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Western Sahara (‫الصحراء الغربية‬‎)+212
Yemen (‫اليمن‬‎)+967
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ARA Asset Management now substantial shareholder of Suntec REIT

PC Lee Published on Fri, May 20, 2016 / 9:33 PM GMT+8

A-

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SINGAPORE (May 20): ARA Asset Management is now a substantial shareholder of Suntec Real Estate Investment Trust (Suntec REIT).

The transformation comes after ARA accumulated an interest of 5.02% in Suntec REIT as at May 19.

As the Tecity group of companies including The Straits Trading Company and its subsidiaries have a 20.1% stake in ARA, Tecity's deemed substantial stake in Suntec REIT has also further increased to about 10.3%, said ARA.

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