Trades by Directors/Substantial Unitholders


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 ***
21/10/21
[19/10/21]
The Bank of New York Mellon Corporation [SSH] S/U (15,557)  - 194,737 4.64 Note
Remarks
The change of interest (ceasing to be a substantial unitholder) is as a result of a decrease of 15,557,000 units (0.37%) in pledged units as collateral.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 194736763 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 4.64000000 (Deemed Interest)
14/10/21
[12/10/21]
The Bank of New York Mellon Corporation [SSH] S/U 15,498  - 210,263 5.01 Note
Remarks
The Bank of New York Mellon is considered to have a security interest in pledged units as collateral. The Bank of New York Mellon Corporation is treated as having a deemed interest in the units by virtue of it being the ultimate parent company of The Bank of New York Mellon.
Becoming a substantial shareholder is a result of an increase of 15,526,000 (0.370%) in pledged units as collateral. There was also a disposal of 27,500 units (0.001%) via market transaction, at a price of SGD 2.96.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 210262763 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.01000000 (Deemed Interest)
13/09/21
[13/09/21]
Ascendas Pte Ltd ("APL") [SSH] S/U (752,806)  - NA NA Note
Remarks
In connection with the internal corporate restructuring of CapitaLand Limited, the entire issued share capital of Ascendas Land International (Investments) Pte. Ltd. has been transferred from APL to CIPL.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)
Before the transaction, APL was deemed to have an interest in the units in Ascendas Reit held by Ascendas Land International (Investments) Pte. Ltd..

After the transaction, APL ceased to be a substantial unitholder of Ascendas Reit.

APL and CapitaLand International Pte. Ltd. are wholly owned subsidiaries of CapitaLand Limited.

The percentages of total number of ordinary voting units "Immediately before the transaction" and "Immediately after the transaction" are calculated based on the 4,194,989,792 Ascendas Reit units in issue as at 30 July 2021 and rounded down to the nearest 0.01%.
13/09/21
[13/09/21]
CapitaLand International Pte. Ltd. ("CIPL") [SSH] S/U 752,806  - 752,806 17.94 Note
Remarks
In connection with the internal corporate restructuring of CapitaLand Limited, the entire issued share capital of Ascendas Land International (Investments) Pte. Ltd. has been transferred from APL to CIPL.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 752805766 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 17.94000000 (Deemed Interest)
Before the transaction, CIPL did not have any interest in the units in Ascendas Reit.

After the transaction, CIPL became a substantial unitholder of Ascendas Reit and is deemed to have an interest in the units in Ascendas Reit held by Ascendas Land International (Investments) Pte. Ltd..

APL and CIPL are wholly owned subsidiaries of CapitaLand Limited.

The percentages of total number of ordinary voting units "Immediately before the transaction" and "Immediately after the transaction" are calculated based on the 4,194,989,792 Ascendas Reit units in issue as at 30 July 2021 and rounded down to the nearest 0.01%.
10/09/21
[08/09/21]
The Bank of New York Mellon Corporation [SSH] S/U (11,273)  - 199,868 4.76 Note
Remarks
The change of interest (ceasing to be a substantial unitholder) is as a result of a decrease of 10,702,400 units (0.26%) in pledged units as collateral.
There was an additional disposal of 570,900 units (0.01%) via market transaction, at a price of SGD 3.0397.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 199868302 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 4.76000000 (Deemed Interest)
10/09/21
[07/09/21]
The Bank of New York Mellon Corporation [SSH] S/U 15,710  - 211,142 5.03 Note
Remarks
BNY Mellon Corporate Trustee Services Limited is considered to have an interest in pledged units as collateral. The Bank of New York Mellon Corporation is treated as having a deemed interest in the units by virtue of it being the ultimate parent company of BNY Mellon Corporate Trustee Services Limited.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 211141602 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 5.03000000 (Deemed Interest)
17/08/21
[10/08/21]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U (400)  - 880,751 20.99 Note
Remarks
Disposal of Securities via market transaction Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): $1,266,000 received by DBS Bank. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 880750824 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.99000000 (Deemed Interest)
Temasek does not have any direct interest in the Units. Temasek is filing this notification form to report a change in the percentage level of its deemed interest in Units from 21.00% to 20.99% due to the disposal of 400,000 Units by DBS Bank via market transaction. Temasek has a deemed interest in Units through CLA Real Estate Holdings Pte. Ltd. ("CLA Real Estate"), SeaTown Holdings Pte. Ltd. ("SeaTown"), DBSH, Keppel Corporation Limited ("Keppel") and Fullerton Fund Management Company Ltd. ("Fullerton"). (1) Temasek's deemed interest via CLA Real Estate: 17.9879% (i) Ascendas Land International (Investments) Pte. Ltd. ("ALII") holds 17.9453% of Units. (ii) ALII is a subsidiary of Ascendas Pte Ltd ("Ascendas"). (iii) Ascendas Funds Management (S) Limited ("AFM") holds 0.0426% of Units. (iv) AFM is a subsidiary of CLI FM Pte. Ltd ("CLIFM") which in turn is a subsidiary of CapitaLand Investment Limited ("CLI"). (v) CLI and Ascendas are subsidiaries of CapitaLand Limited ("CapitaLand"). (vi) CapitaLand is a subsidiary of CLA Real Estate. (vii) CLA Real Estate is a subsidiary of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III"). (viii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville"). (ix) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson"). (x) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley"). (xi) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu"). (xii) Tembusu is a subsidiary of Temasek. (2) Temasek's deemed interest via DBSH: 1.2127% (i) DBS Bank has an interest in approximately 1.2127% of Units. (ii) DBS Bank is a subsidiary of DBSH. (iii) Temasek has a more than 20% interest in DBSH. (3) Temasek's deemed interest via Keppel: 0.0570% (i) EM Services Pte Ltd, an associated company of Keppel Land Limited ("KLL") holds 0.0570% of Units. (ii) KLL is a subsidiary of Keppel. (iii) Temasek has a more than 20% interest in Keppel. (4) Temasek's deemed interest via Fullerton: 1.6517% (i) Fullerton has an interest in 1.6517% of Units as investment manager for various funds, including funds in which Temasek through a subsidiary has an interest. (ii) Fullerton is an indirect subsidiary of Temasek. (5) Temasek's deemed interest via SeaTown: 0.0858% (i) SeaTown has an interest in 0.0006% of Units on behalf of a client. (ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Temasek, which fund holds 0.0851% of Units. (iii) SeaTown is an indirect subsidiary of Temasek. Total deemed interest of Temasek: 20.99% CLA Real Estate, SeaTown, DBSH, Keppel and Fullerton 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 4,194,989,792 Units. In this Notice, figures are rounded down to the nearest 0.01% or 0.0001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
06/08/21
[03/08/21]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U 423  - 881,260 21.00 Note
Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$1,320,499.92 paid by an investment fund managed by a subsidiary of SeaTown. Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 881260049 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 21.00000000 (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 20.99% to 21.00% due to the acquisition of 423,400 Units by an investment fund managed by a subsidiary of SeaTown. Temasek has a deemed interest in Units through CLA Real Estate, SeaTown, DBS Group Holdings Ltd ("DBSH"), Keppel Corporation Limited ("Keppel") and Fullerton Fund Management Company Ltd. ("Fullerton"). (1) Temasek's deemed interest via CLA Real Estate 17.9879% (i) Ascendas Land International (Investments) Pte. Ltd. ("ALII") holds 17.9453% of Units. (ii) ALII is a subsidiary of Ascendas Pte Ltd ("Ascendas"). (iii) Ascendas Funds Management (S) Limited ("AFM") holds 0.0426% of Units. (iv) AFM is a subsidiary of CLI FM Pte. Ltd ("CLIFM") which in turn is a subsidiary of CapitaLand Investment Limited ("CLI"). (v) CLI and Ascendas are subsidiaries of CapitaLand Limited ("CapitaLand"). (vi) CapitaLand is a subsidiary of CLA Real Estate. (vii) CLA Real Estate is a subsidiary of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III"). (viii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville"). (ix) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson"). (x) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley"). (xi) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu"). (xii) Tembusu is a subsidiary of Temasek. (2) Temasek's deemed interest via DBSH 1.2275% (i) DBS Bank Ltd. ("DBS Bank") has an interest in. approximately 1.2275% of Units. (ii) DBS Bank is a subsidiary of DBSH. (iii) Temasek has a more than 20% interest in DBSH. (3) Temasek's deemed interest via Keppel 0.0570% (i) EM Services Pte Ltd, an associated company of Keppel Land Limited ("KLL") holds 0.0570% of Units. (ii) KLL is a subsidiary of Keppel. (iii) Temasek has a more than 20% interest in Keppel. (4) Temasek's deemed interest via Fullerton 1.6490% (i) Fullerton has an interest in 1.6490% of Units as investment manager for various funds, including funds in which Temasek through a subsidiary has an interest. (ii) Fullerton is an indirect subsidiary of Temasek. (5) Temasek's deemed interest via SeaTown 0.0858% (i) SeaTown has an interest in 0.0006% of Units on behalf of a client. (ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Temasek, which fund holds 0.0851% of Units. (iii) SeaTown is an indirect subsidiary of Temasek. Total deemed interest of Temasek 21.00% CLA Real Estate, SeaTown, DBSH, Keppel and Fullerton 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 4,194,989,792 Units. In this Notice, figures are rounded down to the nearest 0.01% or 0.0001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
30/07/21
[30/07/21]
Ascendas Funds Management (S) Limited ("AFM") [TMRP] S/U 1,761  3.066 1,787 0.04 Note
Remarks
Receipt of 1,761,424 units in Ascendas Reit by AFM, the manager of Ascendas Reit, as payment of the acquisition fee in relation to the acquisition by Ascendas Reit of 75% of the total issued share capital of Ascendas Fusion 5 Pte. Ltd. on 30 June 2021. The 1,761,424 units were issued at an issue price of S$3.0657 per unit which was based on the 10-business day volume weighted average price of units from 15 July 2021 to 29 July 2021 (both dates inclusive). Immediately after the transaction
No. of ordinary voting shares/units held: 1787403 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.04260000 (Direct Interest); 0.00000000 (Deemed Interest)
1. The percentage of total number of units "Immediately before the transaction" is based on 4,193,228,368 units in Ascendas Reit as at 30 June 2021. 2. The percentage of total number of units "Immediately after the transaction" is based on 4,194,989,792 units in Ascendas Reit as at 30 July 2021.
15/06/21
[15/06/21]
Ascendas Funds Management (S) Limited [TMRP] S/U 2,549  12.000 2,575 0.06 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: 2574917 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.06000000 (Direct Interest); 0.00000000 (Deemed Interest)
Transaction Details

1. The percentage of total number of units "Immediately before the transaction" is based on 4,020,842,385 units in Ascendas Reit ("Units") as at 15 December 2020, and the percentage of total number of Units "Immediately after the transaction" is based on 4,166,055,368 Units as at 15 June 2021 following the issuance of Units.

2. Ascendas Funds Management (S) Limited ("AFM") is entitled to receive the 2,548,983 Units at an issue price of S$2.9313 per Unit as payment of 20% of the base management fee for the period from 1 December 2020 to 31 May 2021.

AFM has sold the 2,548,983 Units which it is entitled to receive as payment of its management fee to Ascendas Land International (Investments) Pte. Ltd. ("ALII"), a related corporation of CapitaLand Limited, and in connection with the sale, AFM has directed that such Units be issued directly to ALII instead of AFM.
15/06/21
[15/06/21]
Ascendas Funds Management (S) Limited [TMRP] S/U (2,549)  2.931 26 NA Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction
No. of ordinary voting shares/units held: 25979 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00060000 (Direct Interest); 0.00000000 (Deemed Interest)
Transaction Details

1. The percentage of total number of units "Immediately before the transaction" and "Immediately after the transaction" is based on 4,166,055,368 Units as at 15 June 2021.

2. Ascendas Funds Management (S) Limited ("AFM") is entitled to receive the 2,548,983 Units at an issue price of S$2.9313 per Unit as payment of 20% of the base management fee for the period from 1 December 2020 to 31 May 2021.

AFM has sold the 2,548,983 Units which it is entitled to receive as payment of its management fee to Ascendas Land International (Investments) Pte. Ltd. ("ALII"), a related corporation of CapitaLand Limited, and in connection with the sale, AFM has directed that such Units be issued directly to ALII instead of AFM.
24/05/21
[21/05/21]
Chinniah Kunnasagaran [DIR] S/U 0.876  2.964 7 NA Note
Remarks
Part payment of director's fees for the year ended 31 December 2020 by way of units in Ascendas Real Estate Investment Trust to non-executive director of Ascendas Funds Management (S) Limited.

Immediately after the transaction
No. of ordinary voting shares/units held: 876 (Direct Interest); 6222 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00002000 (Direct Interest); 0.00010000 (Deemed Interest)
My deemed interest in the units in Ascendas Reit as set out Tables 1 arises from units held in the name of my spouse.

The percentages of total number of ordinary voting units "Immediately before the transaction" and "Immediately after the transaction" are calculated based on the issued units of 4,163,506,385 of Ascendas Real Estate Investment Trust as at 14 May 2021.
24/05/21
[21/05/21]
Daniel Cuthbert Ee Hock Huat [DIR] S/U 5  2.964 29 NA Note
Remarks
Part payment of director's fees for the year ended 31 December 2020 by way of units in Ascendas Real Estate Investment Trust to non-executive director of Ascendas Funds Management (S) Limited.

Immediately after the transaction
No. of ordinary voting shares/units held: 29346 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00100000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentages of total number of ordinary voting units "Immediately before the transaction" and "Immediately after the transaction" are calculated based on the issued units of 4,163,506,385 of Ascendas Real Estate Investment Trust as at 14 May 2021.
24/05/21
[21/05/21]
Chong Chiet Ping [DIR] S/U 5  2.964 5 NA Note
Remarks
Part payment of director's fees for the year ended 31 December 2020 by way of units in Ascendas Real Estate Investment Trust to non-executive director of Ascendas Funds Management (S) Limited.

Immediately after the transaction
No. of ordinary voting shares/units held: 4701 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00010000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentages of total number of ordinary voting units "Immediately before the transaction" and "Immediately after the transaction" are calculated based on the issued units of 4,163,506,385 of Ascendas Real Estate Investment Trust as at 14 May 2021.
24/05/21
[21/05/21]
Chan Pengee, Adrian [DIR] S/U 7  2.964 7 NA Note
Remarks
Part payment of director's fees for the year ended 31 December 2020 by way of units in Ascendas Real Estate Investment Trust to non-executive director of Ascendas Funds Management (S) Limited.

Immediately after the transaction
No. of ordinary voting shares/units held: 6570 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00020000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentages of total number of ordinary voting units "Immediately before the transaction" and "Immediately after the transaction" are calculated based on the issued units of 4,163,506,385 of Ascendas Real Estate Investment Trust as at 14 May 2021.
21/05/21
[21/05/21]
Ascendas Funds Management (S) Limited [TMRP] S/U (17)  2.964 26 NA Note
Remarks
Part payment of directors' fees for the year ended 31 December 2020 by way of units in Ascendas Real Estate Investment Trust to non-executive directors of Ascendas Funds Management (S) Limited.

Immediately after the transaction
No. of ordinary voting shares/units held: 25979 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00100000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentages of total number of ordinary voting units "Immediately before the transaction" and "Immediately after the transaction" are calculated based on the issued units of 4,163,506,385 of Ascendas Real Estate Investment Trust as at 14 May 2021.
14/04/21
[12/04/21]
William Tay Wee Leong [DIR] R/O/W 135  - NA NA Note
Remarks
Acceptance of 134,988 Awards comprises (i) 67,494* Awards under Performance Unit Plan ("PUP") & (ii) 67,494*^ Awards under Restricted Unit Plan ("RUP"). *the final no. of units to be released will depend on the achievement of pre-determined targets at the end of the respective performance periods for PUP and RUP. ^on the final vesting, an additional no. of units of a total value equal to the value of the accumulated distributions which are declared during each of the vesting periods and deemed foregone due to the vesting mechanism of RUP, will also be released.

Immediately after the transaction
No. of rights/options/warrants held: 341,577
No. of shares/units underlying the rights/options/warrants: 563,453
Immediately before the transaction:

No. of rights/options/warrants held: 206,589 comprises:
(i) 120,635* Awards under Ascendas Funds Management (S) Limited Performance Unit Plan ("PUP"); and
(ii) 85,954^ unvested units under Ascendas Funds Management (S) Limited Restricted Unit Plan ("RUP").

No. (if known) of shares/units underlying the rights/options/warrants: 327,224 comprises:
(i) up to 241,270* units under PUP; and
(ii) 85,954^ units under RUP.


Immediately after the transaction:

No. of rights/options/warrants held: 341,577 comprises:
(i) 188,129* Awards under PUP;
(ii) 85,954^ unvested units under RUP; and
(iii) 67,494*^ Awards under RUP.

No. (if known) of shares/units underlying the rights/options/warrants: 563,453 comprises:
(i) up to 376,258* units under PUP;
(ii) 85,954^ units under RUP; and
(iii) up to 101,241*^ units under RUP.

Awards refers to contingent baseline units awards.

* the final number of units to be released will depend on the achievement of pre-determined targets at the end of the respective performance periods for PUP and RUP.

^ on the final vesting, an additional number of units of a total value equal to the value of the accumulated distributions which are declared during each of the vesting periods and deemed foregone due to the vesting mechanism of RUP, will also be released.
16/03/21
[10/03/21]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U (2,646)  - 841,947 20.93 Note
Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$7,628,323.04 received by Fullerton as investment manager.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 841946861 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.93000000 (Deemed Interest)
Temasek does not have any direct interest in the Units.

Temasek is filing this notification form to report a change in the percentage level of its deemed interest in Units from 21.00% to 20.93% due to the disposal of 2,645,600 Units by Fullerton as investment manager via market transaction.

Temasek has a deemed interest in Units through CLA Real Estate, DBSH, Keppel and Fullerton.

(1) Temasek's deemed interest via CLA Real Estate 17.984%
(i) ALII holds 17.983% of Units.
(ii) ALII is a subsidiary of Ascendas.
(iii) AFM holds 0.001% of Units.
(iv) AFM is a subsidiary of AIPL which in turn is a subsidiary of CFL.
(v) CFL and Ascendas are subsidiaries of CapitaLand.
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings III.
(viii) TJ Holdings III is a subsidiary of Glenville.
(ix) Glenville is a subsidiary of Mawson.
(x) Mawson is a subsidiary of Bartley.
(xi) Bartley is a subsidiary of Tembusu.
(xii) Tembusu is a subsidiary of Temasek.

(2) Temasek's deemed interest via DBSH 0.953%
(i) DBS Bank has an interest in approximately 0.953% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has a more than 20% interest in DBSH.

(3) Temasek's deemed interest via Keppel 0.059%
(i) EM Services Pte Ltd, an associated company of KLL, holds 0.059% of Units.
(ii) KLL is a subsidiary of Keppel.
(iii) Temasek has a more than 20% interest in Keppel.

(4) Temasek's deemed interest via Fullerton 1.942%
(i) Fullerton has an interest in 1.942% of Units as investment manager for various funds, including funds in which Temasek through a subsidiary has an interest.
(ii) Fullerton is an indirect subsidiary of Temasek.

Total deemed interest of Temasek 20.93%

CLA Real Estate, DBSH, Keppel and Fullerton 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
16/03/21
[09/03/21]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U 100  - 844,392 21.00 Note
Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$287,000.00 paid by DBS Bank.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 844392461 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 21.00000000 (Deemed Interest)
Temasek does not have any direct interest in the Units.

Temasek is filing this notification form to report a change in the percentage level of its deemed interest in Units from 20.99% to 21.00% due to the acquisition of 100,000 Units by DBS Bank via market transaction.

Temasek has a deemed interest in Units through CLA Real Estate Holdings Pte. Ltd. ("CLA Real Estate"), DBSH, Keppel Corporation Limited ("Keppel") and Fullerton Fund Management Company Ltd. ("Fullerton").

(1) Temasek's deemed interest via CLA Real Estate 17.9844%
(i) Ascendas Land International (Investments) Pte. Ltd. ("ALII") holds 17.9833% of Units.
(ii) ALII is a subsidiary of Ascendas Pte Ltd ("Ascendas").
(iii) Ascendas Funds Management (S) Limited ("AFM") holds 0.0010% of Units.
(iv) AFM is a subsidiary of Ascendas Investment Pte. Ltd. ("AIPL") which in turn is a subsidiary of CapitaLand Financial Limited ("CFL").
(v) CFL and Ascendas are subsidiaries of CapitaLand Limited ("CapitaLand").
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III").
(viii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(ix) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(x) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(xi) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu").
(xii) Tembusu is a subsidiary of Temasek.

(2) Temasek's deemed interest via DBSH 0.9483%
(i) DBS Bank has an interest in approximately 0.9483% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has a more than 20% interest in DBSH.

(3) Temasek's deemed interest via Keppel 0.0595%
(i) EM Services Pte Ltd, an associated company of Keppel Land Limited ("KLL") holds 0.0595% of Units.
(ii) KLL is a subsidiary of Keppel.
(iii) Temasek has a more than 20% interest in Keppel.

(4) Temasek's deemed interest via Fullerton 2.0080%
(i) Fullerton has an interest in 2.0080% of Units as investment manager for various funds, including funds in which Temasek through a subsidiary has an interest.
(ii) Fullerton is an indirect subsidiary of Temasek.

Total deemed interest of Temasek 21.00%

CLA Real Estate, DBSH, Keppel and Fullerton 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.0001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
05/03/21
[02/03/21]
Tembusu Capital Pte. Ltd. ("Tembusu") [SSH] S/U (715)  - 803,866 19.99 Note
Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$2,110,520.25 received by an investment fund managed by a subsidiary of SeaTown.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 803866404 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.99000000 (Deemed Interest)
Tembusu does not have any direct interest in the Units.

Tembusu is filing this notification form to report a change in the percentage level of its deemed interest in Units from 20.01% to 19.99% due to the disposal of 715,067 Units by an investment fund managed by a subsidiary of SeaTown.

Following the transaction, Tembusu's deemed interest in Units arises as follows.

(1) Tembusu's deemed interest via CLA Real Estate 17.984%
(i) Ascendas Land International (Investments) Pte. Ltd. ("ALII") holds 17.983% of Units.
(ii) ALII is a subsidiary of Ascendas Pte Ltd ("Ascendas").
(iii) Ascendas Funds Management (S) Limited ("AFM") holds 0.001% of Units.
(iv) AFM is a subsidiary of Ascendas Investment Pte. Ltd. ("AIPL") which in turn is a subsidiary of CapitaLand Financial Limited ("CFL").
(v) CFL and Ascendas are subsidiaries of CapitaLand Limited ("CapitaLand").
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III").
(viii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(ix) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(x) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(xi) Bartley is a subsidiary of Tembusu.

(2) Tembusu's deemed interest via Fullerton 2.008%
(i) Fullerton has an interest in 2.008% of Units as investment manager for various funds, including funds in which Tembusu through a subsidiary has an interest.
(ii) Fullerton is a subsidiary of FFMC Holdings Pte Ltd ("FFMH") and an indirect subsidiary of Tembusu.

Total deemed interest of Tembusu 19.99%

CLA Real Estate and Fullerton are independently managed Temasek portfolio companies. Tembusu 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
05/03/21
[02/03/21]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U (750)  - 844,255 20.99 Note
Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$2,212,500.00 received by an investment fund managed by a subsidiary of SeaTown.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 844255132 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.99000000 (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 21.01% to 20.99% due to the disposal of 750,000 Units by an investment fund managed by a subsidiary of SeaTown.

Temasek has a deemed interest in Units through CLA Real Estate, DBS Group Holdings Ltd ("DBSH"), Keppel Corporation Limited ("Keppel"), SeaTown and Fullerton Fund Management Company Ltd. ("Fullerton").

(1) Temasek's deemed interest via CLA Real Estate 17.984%
(i) Ascendas Land International (Investments) Pte. Ltd. ("ALII") holds 17.983% of Units.
(ii) ALII is a subsidiary of Ascendas Pte Ltd ("Ascendas").
(iii) Ascendas Funds Management (S) Limited ("AFM") holds 0.001% of Units.
(iv) AFM is a subsidiary of Ascendas Investment Pte. Ltd. ("AIPL") which in turn is a subsidiary of CapitaLand Financial Limited ("CFL").
(v) CFL and Ascendas are subsidiaries of CapitaLand Limited ("CapitaLand").
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III").
(viii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(ix) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(x) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(xi) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu").
(xii) Tembusu is a subsidiary of Temasek.

(2) Temasek's deemed interest via DBSH 0.927%
(i) DBS Bank Ltd. ("DBS Bank") has an interest in approximately 0.927% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has a more than 20% interest in DBSH.

(3) Temasek's deemed interest via Keppel 0.059%
(i) EM Services Pte Ltd, an associated company of Keppel Land Limited ("KLL") holds 0.059% of Units.
(ii) KLL is a subsidiary of Keppel.
(iii) Temasek has a more than 20% interest in Keppel.

(4) Temasek's deemed interest via Fullerton 2.008%
(i) Fullerton has an interest in 2.008% of Units as investment manager for various funds, including funds in which Temasek through a subsidiary has an interest.
(ii) Fullerton is an indirect subsidiary of Temasek.

(5) Temasek's deemed interest via SeaTown 0.017%
(i) SeaTown is an indirect subsidiary of Temasek.
(ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Temasek, which fund holds 0.017% of Units.

Total deemed interest of Temasek 20.99%

CLA Real Estate, DBSH, Keppel, SeaTown and Fullerton 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
02/03/21
[01/03/21]
William Tay Wee Leong [DIR] S/U 57  - 134 NA Note
Remarks
Receipt of 56,974 units under Ascendas Funds Management (S) Limited Restricted Unit Plan.

Immediately after the transaction
No. of ordinary voting shares/units held: 134174 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00300000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of total no. of ordinary voting units "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 4,020,842,385 units in issue as at 15 December 2020.
02/03/21
[01/03/21]
William Tay Wee Leong [DIR] R/O/D (31)  - NA NA Note
Remarks
Final number of 86,933 units awarded under Ascendas Funds Management (S) Limited Restricted Unit Plan.

Immediately after the transaction
No. of rights/options/warrants held: 206,589
No. of shares/units underlying the rights/options/warrants: 327,224
Immediately before the transaction:

No. of rights/options/warrants held: 237,808 comprises:
(i) 120,635 Awards* under Ascendas Funds Management (S) Limited Performance Unit Plan ("PUP");
(ii) 55,995 unvested units under Ascendas Funds Management (S) Limited Restricted Unit Plan ("RUP"); and
(iii) 61,178 Awards*^ under RUP.

No. (if known) of shares/units underlying the rights/options/warrants: 389,032 comprises:
(i) up to 241,270* units under PUP;
(ii) 55,995^ units under RUP; and
(iii) up to 91,767*^ units under RUP.


Immediately after the transaction:

No. of rights/options/warrants held: 206,589 comprises:
(i) 120,635 Awards* under PUP
(ii) 85,954^ unvested units under RUP

No. (if known) of shares/units underlying the rights/options/warrants: 327,224 comprises:
(i) up to 241,270* units under PUP
(ii) 85,954^ units under RUP

Awards refers to contingent baseline units awards.

* the final number of units to be released will depend on the achievement of pre-determined targets at the end of the respective performance periods for PUP and RUP.

^ on the final vesting, an additional number of units of a total value equal to the value of the accumulated distributions which are declared during each of the vesting periods and deemed foregone due to the vesting mechanism of RUP, will also be released.
01/03/21
[01/03/21]
Ascendas Funds Management (S) Limited ("AFM") [TMRP] S/U (203)  - 43 NA Note
Remarks
Transfer of 202,586 units in Ascendas Reit from AFM's unitholding to its key management personnel and eligible employees under its Restricted Unit Plan.

Immediately after the transaction
No. of ordinary voting shares/units held: 43414 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00100000 (Direct Interest); 0.00000000 (Deemed Interest)
The percentage of total number of units "Immediately before the transaction" and "Immediately after the transaction" is based on 4,020,842,385 units as at 15 December 2020.
21/01/21
[11/01/21]
Tembusu Capital Pte. Ltd. ("Tembusu") [SSH] S/U 1,441  - 804,843 20.01 Note
Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$4,385,923.01 paid by Fullerton as investment manager.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 804842757 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.01000000 (Deemed Interest)
Tembusu does not have any direct interest in the Units.

Tembusu is filing this notification form to report a change in the percentage level of its deemed interest in Units from 19.98% to 20.01% due to the acquisition of 1,440,700 Units by Fullerton as investment manager via market transaction.

Tembusu has a deemed interest in Units through CLA Real Estate, SeaTown and Fullerton.

(1) Tembusu's deemed interest via CLA Real Estate 17.989%
(i) ALII holds 17.983% of Units.
(ii) ALII is a subsidiary of Ascendas.
(iii) AFM holds 0.006% of Units.
(iv) AFM is a subsidiary of AIPL which in turn is a subsidiary of CFL.
(v) CFL and Ascendas are subsidiaries of CapitaLand.
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings III.
(viii) TJ Holdings III is a subsidiary of Glenville.
(ix) Glenville is a subsidiary of Mawson.
(x) Mawson is a subsidiary of Bartley.
(xi) Bartley is a subsidiary of Tembusu.

(2) Tembusu's deemed interest via SeaTown 0.109%
(i) SeaTown is a subsidiary of Tembusu.
(ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Tembusu, which fund holds 0.109% of Units.

(3) Tembusu's deemed interest via Fullerton 1.917%
(i) Fullerton has an interest in 1.917% of Units as investment manager for various funds, including funds in which Tembusu through a subsidiary has an interest.
(ii) Fullerton is a subsidiary of FFMH and an indirect subsidiary of Tembusu.

Total deemed interest of Tembusu 20.01%

CLA Real Estate, SeaTown and Fullerton are independently managed Temasek portfolio companies. Tembusu 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
21/01/21
[06/01/21]
Tembusu Capital Pte. Ltd. ("Tembusu") [SSH] S/U (900)  - 803,377 19.98 Note
Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$2,681,730.00 received by SeaTown.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 803376828 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.98000000 (Deemed Interest)
Tembusu does not have any direct interest in the Units.

Tembusu is filing this notification form to report a change in the percentage level of its deemed interest in Units from 20.00% to 19.99% due to the disposal of 900,000 Units by SeaTown via market transaction.

Tembusu has a deemed interest in Units through CLA Real Estate, SeaTown and Fullerton.

(1) Tembusu's deemed interest via CLA Real Estate 17.9895%
(i) ALII holds 17.9833% of Units.
(ii) ALII is a subsidiary of Ascendas.
(iii) AFM holds 0.0061% of Units.
(iv) AFM is a subsidiary of AIPL which in turn is a subsidiary of CFL.
(v) CFL and Ascendas are subsidiaries of CapitaLand.
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings III.
(viii) TJ Holdings III is a subsidiary of Glenville.
(ix) Glenville is a subsidiary of Mawson.
(x) Mawson is a subsidiary of Bartley.
(xi) Bartley is a subsidiary of Tembusu.

(2) Tembusu's deemed interest via SeaTown 0.1098%
(i) SeaTown is a subsidiary of Tembusu.
(ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Tembusu, which fund holds 0.1098% of Units.

(3) Tembusu's deemed interest via Fullerton 1.8809%
(i) Fullerton has an interest in 1.8809% of Units as investment manager for various funds, including funds in which Tembusu through a subsidiary has an interest.
(ii) Fullerton is a subsidiary of FFMH and an indirect subsidiary of Tembusu.

Total deemed interest of Tembusu 19.98%

CLA Real Estate, SeaTown and Fullerton are independently managed Temasek portfolio companies. Tembusu 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.0001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
21/01/21
[30/12/20]
Tembusu Capital Pte. Ltd. ("Tembusu") [SSH] S/U 450  - 804,251 20.00 Note
Remarks
Acquisition of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$1,356,255.00 paid by Fullerton as investment manager.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 804251228 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 20.00000000 (Deemed Interest)
Tembusu does not have any direct interest in the Units.

Tembusu is filing this notification form to report a change in the percentage level of its deemed interest in Units from 19.99% to 20.00% due to the acquisition of 450,000 Units by Fullerton as investment manager via market transaction.

Tembusu has a deemed interest in Units through CLA Real Estate, SeaTown and Fullerton.

(1) Tembusu's deemed interest via CLA Real Estate 17.989%
(i) ALII holds 17.983% of Units.
(ii) ALII is a subsidiary of Ascendas.
(iii) AFM holds 0.006% of Units.
(iv) AFM is a subsidiary of AIPL which in turn is a subsidiary of CFL.
(v) CFL and Ascendas are subsidiaries of CapitaLand.
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings III.
(viii) TJ Holdings III is a subsidiary of Glenville.
(ix) Glenville is a subsidiary of Mawson.
(x) Mawson is a subsidiary of Bartley.
(xi) Bartley is a subsidiary of Tembusu.

(2) Tembusu's deemed interest via SeaTown 0.132%
(i) SeaTown is a subsidiary of Tembusu.
(ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Tembusu, which fund holds 0.132% of Units.

(3) Tembusu's deemed interest via Fullerton 1.880%
(i) Fullerton has an interest in 1.880% of Units as investment manager for various funds, including funds in which Tembusu through a subsidiary has an interest.
(ii) Fullerton is a subsidiary of FFMH and an indirect subsidiary of Tembusu.

Total deemed interest of Tembusu 20.00%

CLA Real Estate, SeaTown and Fullerton are independently managed Temasek portfolio companies. Tembusu 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
21/01/21
[22/12/20]
Tembusu Capital Pte. Ltd. ("Tembusu") [SSH] S/U 74,048  - 803,173 19.97 Note
Remarks
On 22 December 2020, Temasek Holdings (Private) Limited ("Temasek"), the holding company of Tembusu, completed an internal restructuring in which the interest of certain fund management entities including (i) 51 per cent of the shares of FFMC Holdings Pte Ltd and (ii) all of the shares of SeaTown Holdings Pte. Ltd., each previously held by a wholly owned subsidiary of Temasek, were transferred to Seviora Holdings Pte. Ltd. ("Seviora"), an indirect wholly owned subsidiary of each of Tembusu and Temasek.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 803173028 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 19.97000000 (Deemed Interest)
Tembusu does not have any direct interest in the voting units of the Listed Issuer ("Units")

On 22 December 2020, Temasek, the holding company of Tembusu, completed an internal restructuring (the "Internal Restructure") in which the interest of certain fund management entities including (i) 51 per cent of the shares of FFMC Holdings Pte Ltd ("FFMH") and (ii) all of the shares of SeaTown Holdings Pte. Ltd. (the "Transferred Entities"), each previously held by a wholly owned subsidiary of Temasek, were transferred to Seviora, an indirect wholly owned subsidiary of each of Tembusu and Temasek. Tembusu was able to report the change of interest in the Units only when it was able to collate the aggregate holdings of the Transferred Entities in the Units with that of the existing deemed interest of Tembusu in the Units. Each of the Transferred Entities and Seviora is an independently managed Temasek portfolio company. Tembusu is not involved in their respective business or operating decisions, including those regarding their positions in the Units. For the avoidance of doubt, the Internal Restructure has not resulted in any change to the interest of Temasek in the Units.

Tembusu has a deemed interest in Units through CLA Real Estate Holdings Pte. Ltd. (fka Ascendas-SingBridge Pte. Ltd.) ("CLA Real Estate"), SeaTown Holdings Pte. Ltd. ("SeaTown") and Fullerton Fund Management Company Ltd. ("Fullerton").

(1) Tembusu's deemed interest via CLA Real Estate 17.989%
(i) Ascendas Land International (Investments) Pte. Ltd. ("ALII") holds 17.983% of Units.
(ii) ALII is a subsidiary of Ascendas Pte Ltd ("Ascendas").
(iii) Ascendas Funds Management (S) Limited ("AFM") holds 0.006% of Units.
(iv) AFM is a subsidiary of Ascendas Investment Pte. Ltd. ("AIPL") which in turn is a subsidiary of CapitaLand Financial Limited ("CFL").
(v) CFL and Ascendas are subsidiaries of CapitaLand Limited ("CapitaLand").
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III").
(viii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(ix) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(x) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(xi) Bartley is a subsidiary of Tembusu.

(2) Tembusu's deemed interest via SeaTown 0.144%
(i) SeaTown is a subsidiary of Tembusu.
(ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Tembusu, which fund holds 0.144% of Units.

(3) Tembusu's deemed interest via Fullerton 1.841%
(i) Fullerton has an interest in 1.841% of Units as investment manager for various funds, including funds in which Tembusu through a subsidiary has an interest.
(ii) Fullerton is a subsidiary of FFMH and an indirect subsidiary of Tembusu.

Total deemed interest of Tembusu 19.97%

CLA Real Estate, SeaTown and Fullerton are independently managed Temasek portfolio companies. Tembusu 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
19/01/21
[13/01/21]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U (3,271)  - 883,317 21.96 Note
Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$9,955,333.96 received by DBS Bank.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 883316814 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 21.96000000 (Deemed Interest)
Temasek does not have any direct interest in the Units.

Temasek is filing this notification form to report a change in the percentage level of its deemed interest in Units from 22.04% to 21.96% due to the disposal of 3,270,800 Units by DBS Bank via market transaction.

Temasek has a deemed interest in Units through CLA Real Estate Holdings Pte. Ltd. (fka Ascendas-SingBridge Pte. Ltd.) ("CLA Real Estate"), DBSH, Keppel Corporation Limited ("Keppel"), SeaTown Holdings Pte. Ltd. ("SeaTown") and Fullerton Fund Management Company Ltd. ("Fullerton").

(1) Temasek's deemed interest via CLA Real Estate 17.989%
(i) Ascendas Land International (Investments) Pte. Ltd. ("ALII") holds 17.983% of Units.
(ii) ALII is a subsidiary of Ascendas Pte Ltd ("Ascendas").
(iii) Ascendas Funds Management (S) Limited ("AFM") holds 0.006% of Units.
(iv) AFM is a subsidiary of Ascendas Investment Pte. Ltd. ("AIPL") which in turn is a subsidiary of CapitaLand Financial Limited ("CFL").
(v) CFL and Ascendas are subsidiaries of CapitaLand Limited ("CapitaLand").
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III").
(viii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(ix) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(x) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(xi) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu").
(xii) Tembusu is a subsidiary of Temasek.

(2) Temasek's deemed interest via DBSH 1.888%
(i) DBS Bank has an interest in approximately 1.888% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has a more than 20% interest in DBSH.

(3) Temasek's deemed interest via Keppel 0.059%
(i) EM Services Pte Ltd, an associated company of Keppel Land Limited ("KLL") holds 0.059% of Units.
(ii) KLL is a subsidiary of Keppel.
(iii) Temasek has a more than 20% interest in Keppel.

(4) Temasek's deemed interest via Fullerton 1.921%
(i) Fullerton has an interest in 1.921% of Units as investment manager for various funds, including funds in which Temasek through a subsidiary has an interest.
(ii) Fullerton is an indirect subsidiary of Temasek.

(5) Temasek's deemed interest via SeaTown 0.109%
(i) SeaTown is an indirect subsidiary of Temasek.
(ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Temasek, which fund holds 0.109% of Units.


Total deemed interest of Temasek 21.96%

CLA Real Estate, DBSH, Keppel, SeaTown and Fullerton 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
19/01/21
[13/01/21]
Temasek Holdings (Private) Limited ("Temasek") [SSH] S/U (3,271)  - 883,317 21.96 Note
Remarks
Disposal of Securities via market transaction

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$9,955,333.96 received by DBS Bank.

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 883316814 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 21.96000000 (Deemed Interest)
Temasek does not have any direct interest in the Units.

Temasek is filing this notification form to report a change in the percentage level of its deemed interest in Units from 22.04% to 21.96% due to the disposal of 3,270,800 Units by DBS Bank via market transaction.

Temasek has a deemed interest in Units through CLA Real Estate Holdings Pte. Ltd. (fka Ascendas-SingBridge Pte. Ltd.) ("CLA Real Estate"), DBSH, Keppel Corporation Limited ("Keppel"), SeaTown Holdings Pte. Ltd. ("SeaTown") and Fullerton Fund Management Company Ltd. ("Fullerton").

(1) Temasek's deemed interest via CLA Real Estate 17.989%
(i) Ascendas Land International (Investments) Pte. Ltd. ("ALII") holds 17.983% of Units.
(ii) ALII is a subsidiary of Ascendas Pte Ltd ("Ascendas").
(iii) Ascendas Funds Management (S) Limited ("AFM") holds 0.006% of Units.
(iv) AFM is a subsidiary of Ascendas Investment Pte. Ltd. ("AIPL") which in turn is a subsidiary of CapitaLand Financial Limited ("CFL").
(v) CFL and Ascendas are subsidiaries of CapitaLand Limited ("CapitaLand").
(vi) CapitaLand is a subsidiary of CLA Real Estate.
(vii) CLA Real Estate is a subsidiary of TJ Holdings (III) Pte. Ltd. ("TJ Holdings III").
(viii) TJ Holdings III is a subsidiary of Glenville Investments Pte. Ltd. ("Glenville").
(ix) Glenville is a subsidiary of Mawson Peak Holdings Pte. Ltd. ("Mawson").
(x) Mawson is a subsidiary of Bartley Investments Pte. Ltd. ("Bartley").
(xi) Bartley is a subsidiary of Tembusu Capital Pte. Ltd. ("Tembusu").
(xii) Tembusu is a subsidiary of Temasek.

(2) Temasek's deemed interest via DBSH 1.888%
(i) DBS Bank has an interest in approximately 1.888% of Units.
(ii) DBS Bank is a subsidiary of DBSH.
(iii) Temasek has a more than 20% interest in DBSH.

(3) Temasek's deemed interest via Keppel 0.059%
(i) EM Services Pte Ltd, an associated company of Keppel Land Limited ("KLL") holds 0.059% of Units.
(ii) KLL is a subsidiary of Keppel.
(iii) Temasek has a more than 20% interest in Keppel.

(4) Temasek's deemed interest via Fullerton 1.921%
(i) Fullerton has an interest in 1.921% of Units as investment manager for various funds, including funds in which Temasek through a subsidiary has an interest.
(ii) Fullerton is an indirect subsidiary of Temasek.

(5) Temasek's deemed interest via SeaTown 0.109%
(i) SeaTown is an indirect subsidiary of Temasek.
(ii) A subsidiary of SeaTown manages an investment fund which is another indirect subsidiary of Temasek, which fund holds 0.109% of Units.


Total deemed interest of Temasek 21.96%

CLA Real Estate, DBSH, Keppel, SeaTown and Fullerton 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 4,020,842,385 Units.

In this Notice, figures are rounded down to the nearest 0.01% or 0.001%, as the case may be, and any discrepancies in aggregated figures are due to rounding.
12/01/21
[12/01/21]
Ascendas Funds Management (S) Limited [TMRP] S/U (5,494)  3.040 246 0.01 Note
Remarks
Pursuant to the ongoing business development of the CapitaLand Limited Group, these units held by Ascendas Funds Management (S) Limited in Ascendas Real Estate Investment Trust have been transferred to Ascendas Land International (Investments) Pte. Ltd.

Immediately after the transaction
No. of ordinary voting shares/units held: 246000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00600000 (Direct Interest); 0.00000000 (Deemed Interest)
Transaction Details

1. The percentage of total number of units "Immediately before the transaction" and "Immediately after the transaction" is based on 4,020,842,385 units as at 15 December 2020.

2. The figures are rounded down to the nearest 0.01%.
15/12/20
[15/12/20]
Ascendas Funds Management (S) Limited [TMRP] S/U 2,280  - 7,978 0.19 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: 7977602 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.19000000 (Direct Interest); 0.00000000 (Deemed Interest)
Transaction Details

1. The percentage of total number of units "Immediately before the transaction" is based on 4,018,562,150 units in Ascendas Reit ("Units") as at 9 December 2020, and the percentage of total number of Units "Immediately after the transaction" is based on 4,020,842,385 Units as at 15 December 2020 following the issuance of Units.

2. Ascendas Funds Management (S) Limited ("AFM") is entitled to receive the 2,280,235 Units at an issue price of S$2.9390 per Unit as payment of 20% of the base management fee for the period from 1 June 2020 to 30 November 2020.

3. AFM has sold the 2,237,516 Units which it is entitled to receive as payment of its management fee to Ascendas Land International (Investments) Pte. Ltd. ("ALII"), a related corporation of CapitaLand Limited, and in connection with the sale, AFM has directed that such Units be issued directly to ALII instead of AFM.

4. The figures are rounded down to the nearest 0.01%.
15/12/20
[15/12/20]
Ascendas Funds Management (S) Limited [TMRP] S/U (2,238)  2.939 5,740 0.14 Note
Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Immediately after the transaction
No. of ordinary voting shares/units held: 5740086 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.14000000 (Direct Interest); 0.00000000 (Deemed Interest)
Transaction Details

1. The percentage of total number of units "Immediately before the transaction" and "Immediately after the transaction" is based on 4,020,842,385 Units as at 15 December 2020.

2. Ascendas Funds Management (S) Limited ("AFM") is entitled to receive the 2,280,235 Units at an issue price of S$2.9390 per Unit as payment of 20% of the base management fee for the period from 1 June 2020 to 30 November 2020.

3. AFM has sold the 2,237,516 Units which it is entitled to receive as payment of its management fee to Ascendas Land International (Investments) Pte. Ltd. ("ALII"), a related corporation of CapitaLand Limited, and in connection with the sale, AFM has directed that such Units be issued directly to ALII instead of AFM.

4. The figures are rounded down to the nearest 0.01%.
10/12/20
[09/12/20]
William Tay Wee Leong [DIR] S/U,R/O/W 3  2.960 77 NA Note
Remarks
Acquisition of Securities pursuant to rights issue

Immediately after the transaction
No. of ordinary voting shares/units held: 77200 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00190000 (Direct Interest); 0.00000000 (Deemed Interest)

No. of rights/options/warrants held: 0
No. of shares/units underlying the rights/options/warrants: 0
Ascendas Reit had, on 10 November 2020, launched a pro rata and non-renounceable preferential offering of 133,948,782 new units in Ascendas Reit ("Units") on the basis of 37 new Units for every 1,000 existing Units (fractions of a new Unit to be disregarded) held as at 5.00 p.m. on 18 November 2020 at the issue price of S$2.960 per new Unit.

1. The percentage of total no. of voting units "Immediately before the transaction" is calculated based on 3,884,613,368 Units as at 19 November 2020.

2. The percentage of total no. of voting units "Immediately after the transaction" is calculated based on 4,018,562,150 Units as at 9 December 2020.
10/12/20
[09/12/20]
Chinniah Kunnasagaran [DIR] S/U,R/O/W 0.222  2.960 6 NA Note
Remarks
Acquisition of Securities pursuant to rights issue

Immediately after the transaction
No. of ordinary voting shares/units held: 0 (Direct Interest); 6222 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00010000 (Deemed Interest)

No. of rights/options/warrants held: 0
No. of shares/units underlying the rights/options/warrants: 0
My deemed interest in the units in Ascendas Reit as set out Tables 1 and 3 arises from units held in the name of my spouse.

Ascendas Reit had, on 10 November 2020, launched a pro rata and non-renounceable preferential offering of 133,948,782 new units in Ascendas Reit ("Units") on the basis of 37 new Units for every 1,000 existing Units (fractions of a new Unit to be disregarded) held as at 5.00 p.m. on 18 November 2020 at the issue price of S$2.960 per new Unit.

1. The percentage of total no. of voting units "Immediately before the transaction" is calculated based on 3,884,613,368 Units as at 19 November 2020.

2. The percentage of total no. of voting units "Immediately after the transaction" is calculated based on 4,018,562,150 Units as at 9 December 2020.
10/12/20
[09/12/20]
Daniel Cuthbert Ee Hock Huat [DIR] S/U,R/O/W 0.858  2.960 24 NA Note
Remarks
Acquisition of Securities pursuant to rights issue

Immediately after the transaction
No. of ordinary voting shares/units held: 24058 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00060000 (Direct Interest); 0.00000000 (Deemed Interest)

No. of rights/options/warrants held: 0
No. of shares/units underlying the rights/options/warrants: 0
Ascendas Reit had, on 10 November 2020, launched a pro rata and non-renounceable preferential offering of 133,948,782 new units in Ascendas Reit ("Units") on the basis of 37 new Units for every 1,000 existing Units (fractions of a new Unit to be disregarded) held as at 5.00 p.m. on 18 November 2020 at the issue price of S$2.960 per new Unit.

1. The percentage of total no. of voting units "Immediately before the transaction" is calculated based on 3,884,613,368 Units as at 19 November 2020.

2. The percentage of total no. of voting units "Immediately after the transaction" is calculated based on 4,018,562,150 Units as at 9 December 2020.
10/12/20
[09/12/20]
Lim Cho Pin Andrew Geoffrey [DIR] S/U,R/O/W 0.472  2.960 13 NA Note
Remarks
Acquisition of Securities pursuant to rights issue

Immediately after the transaction
No. of ordinary voting shares/units held: 13232 (Direct Interest); (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00030000 (Direct Interest); 0.00000000 (Deemed Interest)

No. of rights/options/warrants held: 0
No. of shares/units underlying the rights/options/warrants: 0
Ascendas Reit had, on 10 November 2020, launched a pro rata and non-renounceable preferential offering of 133,948,782 new units in Ascendas Reit ("Units") on the basis of 37 new Units for every 1,000 existing Units (fractions of a new Unit to be disregarded) held as at 5.00 p.m. on 18 November 2020 at the issue price of S$2.960 per new Unit.

1. The percentage of total no. of voting units "Immediately before the transaction" is calculated based on 3,884,613,368 Units as at 19 November 2020.

2. The percentage of total no. of voting units "Immediately after the transaction" is calculated based on 4,018,562,150 Units as at 9 December 2020.
09/12/20
[09/12/20]
Ascendas Funds Management (S) Limited [TMRP] S/U,R/O/W 203  2.960 5,697 0.14 Note
Remarks
Acquisition of Securities pursuant to rights issue

Immediately after the transaction
No. of ordinary voting shares/units held: 5697367 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.14000000 (Direct Interest); 0.00000000 (Deemed Interest)

No. of rights/options/warrants held: 0
No. of shares/units underlying the rights/options/warrants: 0
Ascendas Reit had, on 10 November 2020, launched a pro rata and non-renounceable preferential offering of 133,948,782 new units in Ascendas Reit ("Units") on the basis of 37 new Units for every 1,000 existing Units (fractions of a new Unit to be disregarded) held as at 5.00 p.m. on 18 November 2020 at the issue price of S$2.960 per new Unit.

1. The percentage of total no. of voting units "Immediately before the transaction" is calculated based on 3,884,613,368 Units as at 19 November 2020.

2. The percentage of total no. of voting units "Immediately after the transaction" is calculated based on 4,018,562,150 Units as at 9 December 2020.

3. The figures are rounded down to the nearest 0.01%.
24/11/20
[23/11/20]
Lim Cho Pin Andrew Geoffrey [DIR] R/O/W 0.472  - NA NA Note
Remarks
Receipt of provisional allotment of 472 new units in Ascendas Reit ("Units") pursuant to the pro rata and non-renounceable preferential offering by Ascendas Reit (the "Preferential Offering") on the basis of 37 new Units for every 1,000 existing units in Ascendas Reit held as at the record date at 5.00 p.m. on 18 November 2020.

Immediately after the transaction
No. of rights/options/warrants held: 472
No. of shares/units underlying the rights/options/warrants: 472
24/11/20
[23/11/20]
Chinniah Kunnasagaran [DIR] R/O/W 0.222  - NA NA Note
Remarks
Receipt of provisional allotment of 222 new units in Ascendas Reit ("Units") pursuant to the pro rata and non-renounceable preferential offering by Ascendas Reit (the "Preferential Offering") on the basis of 37 new Units for every 1,000 existing units in Ascendas Reit held as at the record date at 5.00 p.m. on 18 November 2020.

Immediately after the transaction
No. of rights/options/warrants held: 222
No. of shares/units underlying the rights/options/warrants: 222
My deemed interest in the units in Ascendas Reit arises from units held in the name of my spouse.
* 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.