This is SGX's first golf course business trust, and it demonstrates the flexibility of our product structure for fund raising by different types of suitable assets.
1 billion, Accordia Golf Trust brings the total number of SGX Business Trusts to 19 with a combined market capitalisation of more than S$22 billion.
Although PCCW is making progress in the
business trust listing, the company still needs to finalize the structure to meet various regulatory requirements and obtain further approvals," said Standard & Poor's credit analyst, JunHong Park.
Mr Canning Fok, Chairman of the Trustee-Manager, said, "This is a key milestone for the Hutchison group and we are very excited to list the first container port business trust in Singapore.
The listing of HPH Trust bears evidence to the efficacy of SGX business trust as a capital raising vehicle for businesses with substantial assets.
According to the complaint, Michael Cimini is the president, treasurer and a director of Yankee Spirits, while Donald Cimini is secretary and a director of Yankee Spirits and has no ownership interest in YSI Business Trust or Yankee Spirits.
Muratore's ownership interests in the Yankee Spirit Business Trust.
Angela, who has been supported by the business trust, performed her first single at the launch at the Tunnel club in Glasgow.
BT Scotland is investing pounds 45,000 in the scheme, operated by the Prince's Scottish Youth Business Trust.
Equipment or service trust: The equipment or service trust is formed to hold equipment rented or leased to the
business trust at inflated rates.
The Brascan SoundVest Focused
Business Trust is an actively managed investment fund, whose investment objective is to provide unitholders of the Fund with a stable stream of monthly distributions, and maximize long-term total return to unitholders.
The Tax Court also found that the transfer of assets to the
business trusts satisfied the requirement for full and adequate consideration in money or money's worth following the reasoning in Bongard:
