QUOTE(prophetjul @ Nov 29 2019, 06:40 AM)
INTRODUCTION
The board of directors of Accordia Golf Trust Management Pte. Ltd., as trustee-manager of Accordia
Golf Trust (“AGT”, and the trustee-manager of AGT, the “Trustee-Manager”), wishes to announce
that it has received a non-binding proposal (the “Non-Binding Proposal”) in connection with a
potential transaction which may or may not lead to a divestment of AGT’s interests in all of its golf
courses. The Trustee-Manager is currently evaluating the Non-Binding Proposal and will appoint
professional advisers to assist with its evaluation. There is no certainty or assurance whatsoever that
the receipt of the Non-Binding Proposal or any discussions which may take place pursuant to the
Non-Binding Proposal will result in any transaction.
Means change owner or privatize?The board of directors of Accordia Golf Trust Management Pte. Ltd., as trustee-manager of Accordia
Golf Trust (“AGT”, and the trustee-manager of AGT, the “Trustee-Manager”), wishes to announce
that it has received a non-binding proposal (the “Non-Binding Proposal”) in connection with a
potential transaction which may or may not lead to a divestment of AGT’s interests in all of its golf
courses. The Trustee-Manager is currently evaluating the Non-Binding Proposal and will appoint
professional advisers to assist with its evaluation. There is no certainty or assurance whatsoever that
the receipt of the Non-Binding Proposal or any discussions which may take place pursuant to the
Non-Binding Proposal will result in any transaction.
Nov 29 2019, 08:36 AM

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