Asian Spectator

ACN Newswire Business

SGX Bull Charge kicks off 2019 fundraising with Sasseur Asset Management as Premium Partner

  • Written by ACN Newswire
SGX Bull Charge kicks off 2019 fundraising with Sasseur Asset Management as Premium Partner
SINGAPORE, Apr 18, 2019 - (ACN Newswire) - This year's fundraising efforts for Singapore Exchange's (SGX) flagship charity initiative Bull Charge are off to a strong start with Sasseur Asset Management Pte. Ltd., the manager of Sasseur REIT, signing up as a Premium Partner.

At a dinner on 17 April to celebrate Sasseur REIT's first year of listing on the SGX Mainboard, Sasseur Asset Management Chairman Mr. Vito Xu Rongcan presented a cheque for $300,000 to SGX and Mr. Phillip Tan, Chairman of Community Chest, one of six adopted beneficiaries of SGX Bull Charge. Sasseur REIT, which has a portfolio of four income-producing quality outlet malls in China, became the first outlet mall REIT to be listed in Asia in March 2018.

Mr. Chew Sutat, SGX Bull Charge Chairman and Head of Equities & Fixed Income, said, "We are delighted to kick off our 2019 fundraising with the single largest donation in recent years. As our Premium Partner, Sasseur Asset Management's contribution has given our charity initiative significant momentum. We look forward to bringing together the financial community to do more for Bull Charge beneficiaries through the year."

Mr. Xu said, "We are honoured to be the first donor this year to a major corporate charity initiative that brings together Singapore's financial community and listed companies. To commemorate Sasseur REIT's first anniversary of listing on SGX, we want to show our appreciation to investors for their support and to share the fruits of our success with all stakeholders. This is our way of giving back to Singapore society as a responsible, caring corporate citizen. By participating in SGX Bull Charge, we can reach out to many beneficiaries through Community Chest."

Mr. Tan said, "SGX Bull Charge has been steadily increasing its contributions to Community Chest since 2016 to enable us in supporting the growing needs of those under our care. We are delighted to welcome Sasseur Asset Management into the SGX Bull Charge family of givers to empower those in need to live a life of dignity in a caring and inclusive society, and look forward to creating greater impact in the social service community together!"

Every year since 2004, SGX Bull Charge has rallied Singapore's financial community and SGX-listed companies to support the needs of underprivileged children and families, persons with disabilities, as well as the elderly. Proceeds for this year will be channelled to AWWA Ltd., Autism Association (Singapore), Community Chest, Fei Yue Community Services, HCSA Community Services and Shared Services for Charities. In 2018, the six adopted beneficiaries received a total of $3.3 million - the highest amount raised in over a decade.

The annual SGX Bull Charge programme includes a golf tournament, celebrity futsal matches as well as a grand finale Charity Run that takes participants through some of downtown Singapore's most iconic sights. This year's Charity Golf will take place on 17 May at Sentosa Golf Club. Through the year, SGX staff also cook meals for seniors and bring them out on excursions under the SGX Cares series.

Sponsorship Statement:

DBS Bank Ltd. was the sole financial adviser and issue manager for the initial public offering of Sasseur REIT. DBS Bank Ltd. and Bank of China Limited, Singapore Branch were the joint global coordinators for the Offering. DBS Bank Ltd., Bank of China Limited, Singapore Branch, China International Capital Corporation (Singapore) Pte. Limited, Citigroup Global Markets Singapore Pte. Ltd., Credit Suisse (Singapore) Limited, Haitong International Securities (Singapore) Pte. Ltd. and Maybank Kim Eng Securities Pte. Ltd. were the joint bookrunners and underwriters to the Offering.

About SGX Bull Charge

Launched in 2004, SGX Bull Charge is the only corporate charity initiative that brings together Singapore's financial community and listed companies to support the needs of underprivileged children and families, persons with disabilities, as well as the elderly. As part of our CSR efforts, SGX Bull Charge has raised $32 million for more than 50 charities, providing beneficiaries with care and assistance and helping them lead a more positive, meaningful and comfortable life. For more information, please visit https://bullcharge.sgx.com/[1].

About Sasseur Asset Management Pte. Ltd. (SAMPL)

Sasseur REIT, the first listed outlet mall in Asia, is managed by SAMPL, an indirect wholly-owned subsidiary of the Sponsor. SAMPL's key responsibility is to manage Sasseur REIT's assets and liabilities for the benefit of Unitholders. SAMPL intends to utilise Sasseur REIT's first-mover advantage and acquire suitable properties with good investment characteristics in Asia or other parts of the world.

SAMPL's acquisition growth strategy is to identify and selectively pursue acquisition opportunities in quality income-producing properties used mainly for retail outlet mall purposes initially in the PRC and subsequently in other countries. For more on Sasseur REIT, visit www.sasseurreit.com[2]. For more information on the Sponsor, please visit www.sasseur.com[3].

About Singapore Exchange (SGX)

Singapore Exchange is Asia's leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia's most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and over 80% of listed bonds originating outside of Singapore.

SGX is the world's most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com[4].

Contact:SGXChin May NahHead of Media Communications+65 6713 6327[email protected][5]

Sasseur Asset ManagementWong Siew LuManager, Investor Relations and Corporate Affairs+65 6360 0290[email protected][6]

Topic: Press release summarySectors: Daily Finance, Real Estate, Daily News, Local Business[7][8][9][10] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ https://bullcharge.sgx.com/ (bullcharge.sgx.com)
  2. ^ www.sasseurreit.com (www.sasseurreit.com)
  3. ^ www.sasseur.com (www.sasseur.com)
  4. ^ www.sgx.com (www.sgx.com)
  5. ^ [email protected] (www.acnnewswire.com)
  6. ^ [email protected] (www.acnnewswire.com)
  7. ^ Daily Finance (www.acnnewswire.com)
  8. ^ Real Estate (www.acnnewswire.com)
  9. ^ Daily News (www.acnnewswire.com)
  10. ^ Local Business (www.acnnewswire.com)

Authors: ACN Newswire

Read more http://www.acnnewswire.com/press-release/english/51254/

Neymar Jr. x Diesel Fragrances Launch Spirit of the Brave

PARIS, May 19, 2019, /PRNewswire-AsiaNet/-- Diesel Fragrances and Neymar Jr., accompanied by Buzzman, give us their definition of bravery for the launch of a new fragrance, "Spirit of the Br...

IBS Software to Acquire Canadian Aviation Software Major

MONTREAL, May 19, 2019 /PRNewswire-AsiaNet/ -- The deal will make IBS Software one of the foremost technology providers in the global aviation industry Travel technology specialist IBS Softw...

UST Global Announces CEO Retirement and Succession Plan

ALISO VIEJO, California, May 18, 2019 /PRNewswire-AsiaNet/ -- - Krishna Sudheendra Named CEO of UST Global - Sajan Pillai Announces Plan to Retire as CEO; Will Remain on Board of DirectorsU...

CATL's ESS Solutions and LFP Technology Take Centre Stage at e...

MUNICH, May 18, 2019 /PRNewswire-AsiaNet/-- Contemporary Amperex Technology Ltd. (CATL), a global leader in lithium-ion power battery R&D and manufacturing, brought its industry-leading ...

GCL System Unveils Cast-Mono Products to Welcome Grid-Parity Era

MUNICH, May 17, 2019 /PRNewswire-AsiaNet/ -- China's Photovoltaic (PV) industry is embracing market-oriented operations as the country's new policy introduced last year has resulted in a new...

KPS Capital Partners Sells Genesis Attachments To NPK Construc...

NEW YORK, May 17, 2019 /PRNewswire-AsiaNet/ -- -- KPS Will Continue To Own Crenlo GlobalKPS Capital Partners ("KPS") announced today it has sold Genesis Attachments, LLC ("Genesis") to NPK C...

Panda Asian Food Festival kicks off in Chengdu

CHENGDU, China, May 17, 2019 /PRNewswire-AsiaNet/ -- The Chengdu Panda Asian Food Festival kicked off on May 15 in Chengdu, capital of southwest China's Sichuan province, attracting foodies ...

Salonpas® Named the World's No. 1 OTC Topical Analgesic Patch Brand*1 for the Third Consecutive Year

Based on research by Euromonitor International (UK),*2 a leading global market research company TOKYO, JAPAN - Media OutReach - 17 May 2019 - Hisamitsu Pharmace...

CGPV Forest City Celebrates Its Third Anniversary, Prepares fo...

JOHOR BAHRU, Malaysia, May 17, 2019 /PRNewswire-AsiaNet/ -- Country Garden Pacificview Sdn. Bhd. (CGPV) Forest City prepares to welcome more international residents as it celebrates its thir...

Dow showcases new sustainable solutions at Chinaplas 2019

GUANGZHOU, China, May 17, 2019 /PRNewswire-AsiaNet/ -- Dow seeks collaboration with partners through innovation and best practicesLeveraging its new brand platform - Seek Together(TM) - Dow ...

Marlin Equity Partners Announces Strategic Minority Investment...

LOS ANGELES and LONDON, May 17, 2019 /PRNewswire-AsiaNet/ -- Marlin Equity Partners, a global investment firm, today announced that Blackstone's (NYSE: BX) Strategic Capital Group has made a...

Movico enters into a strategic alliance with People Story fo...

SEOUL, South Korea, May 17, 2019 /PRNewswire-Asianet/ -- - Supplying the webtoons and web novels of People & Story to Vinatoon and jointly advancing into the Vietnamese marketMovico (www...

Geylang Serai Dazzles with close to 50 Light Installations for Hari Raya Light Up 2019

Hari Raya Light Up 2019: Main arch along Changi RoadCelebrating Our Kampung Spirit @HariRayaLightUpSGKampung spirit brought to life with light displays of cultural icons and community events...

MultiTech Celebrates the Opening of a New Japan Office with On...

TOKYO and MOUNDS VIEW, Minnesota, May 17, 2019 /PRNewswire-AsiaNet/ -- -- Expands International Presence with New Office Serving Japan and South KoreaMulti-Tech Systems, Inc. ( https://www...

Inspired By Art: LG SIGNATURE's Advanced Technologies Lead The...

SEOUL, South Korea, May 16, 2019 /PRNewswire-AsiaNet/ -- New Digital Campaign Highlights the Industry-leading Core Technologies at the Centre of LG's Ultra-premium Appliance Lineup LG SIGNAT...

inCruises International Expands its Global Footprint by Partne...

SAN JUAN, Puerto Rico, May 17, 2019 /PRNewswire-AsiaNet/ -- -- Partnering with Trust My Travel is a natural progression of the company's strategy to align with key strategic players around t...

Inovio and QIAGEN Establish Collaboration to Develop Diagnosti...

PLYMOUTH MEETING, Pa., GERMANTOWN, Md., HILDEN, Germany, May 17, 2019 /PRNewswire-AsiaNet/ --Liquid biopsy-based Precision Medicine test to guide patient selection for Inovio's VGX-3100 Inov...

Ctrip's joint report with COTRI on 2018 Chinese High-End Outbo...

SHANGHAI, May 17, 2019 /PRNewswire-AsiaNet/ -- Offering new insight into the high-end customized travel market Ctrip, the largest online travel agent in Asia, and the China Outbound Tourism ...

CleverTap Bolsters C-Suite Leadership as it Accelerates Produc...

SUNNYVALE, California, May 17, 2019 /PRNewswire-AsiaNet/ -- -- Former Perion & Dailyhunt Exec Vishal Anand Joins as Chief Product Officer while co-founder Anand Jain officially takes Chi...