From 19 November 2012, Substantial Unitholders1 will need to inform both the REIT Manager and Trustee within 2 business days of becoming aware of substantial shareholding/cessation of substantial shareholding, or within 2 business days after becoming aware of changes in interest level, using Form 3 and Form C.
Substantial unitholders will need to submit completed Form 3 and Form C to the REIT Manager via firstname.lastname@example.org and to the Trustee via email@example.com.
- A substantial unitholder is a person with an "interest" in not less than 5% of the total votes attached to all "voting units" (excluding treasury units) in the REIT. A voting unit is an "issued unit" in a REIT with no voting disabilities attached.
For more information, please refer to: http://www.mas.gov.sg/en/News-and-Publications/Press-Releases/2012/MAS-Simplifies-and-Enhances-Requirements-on-Disclosure-of-Interests-in-Listed-Entities.aspx