Key Highlights of the Announcement

• Acrophyte Hospitality Trust (ACRO-HT) continues its ongoing strategic review and assessment of strategic options for the group.
• The Managers are in active discussions with the Sponsor regarding a potential transaction involving the stapled securities of Acrophyte Hospitality Trust.
• No assurance or certainty that any transaction will materialise from the ongoing discussions, but developments may be price sensitive.
• Investors are strongly advised to exercise caution when dealing in the stapled securities during this period of uncertainty.
• The Managers will make further announcements in compliance with Singapore Exchange (SGX) requirements should any material developments arise.

Details of the Strategic Review

The Board of Directors of Acrophyte Hospitality Trust announced that the group is still conducting its strategic review and concurrently assessing various strategic options. These efforts are ongoing and form part of a series of updates previously made over the past year. The review is significant as it could influence the future direction, value, and structure of the Trust.

Importantly, the Managers confirmed that they remain in discussions with the Sponsor, Tang Organization Pte. Ltd., about a potential transaction related to the stapled securities. While the specifics of this potential transaction were not disclosed, any such development could be material and impact the share price of Acrophyte Hospitality Trust.

What Investors Need to Know

• No Certainty of Outcome: There is no certainty that any deal or transaction will come out of the ongoing discussions. Investors should remain vigilant as the situation develops.
• Potential Price Sensitivity: Any announcement regarding a transaction or strategic decision could be highly price sensitive and may affect the value of the stapled securities.
• Advice to Investors: Stapled Securityholders are advised not to take any action regarding their holdings that could be prejudicial to their interests and to seek professional advice if uncertain about their next steps.
• Compliance and Further Updates: The Managers will comply with their listing obligations and provide timely updates should any material or price-sensitive information arise.

Background of Acrophyte Hospitality Trust

Acrophyte Hospitality Trust is a Singapore Exchange-listed stapled group, comprising the Acrophyte Hospitality Property Trust (a REIT) and Acrophyte Hospitality Management Trust (a business trust). Its portfolio consists of 30 upscale select-service hotels with a total of 3,938 rooms spread across 16 states in the United States. The Trust is managed by Acrophyte Hospitality Trust Management Pte. Ltd. and Acrophyte Hospitality Business Trust Management Pte. Ltd., both subsidiaries of Acrophyte Asset Management Pte. Ltd.

The Sponsor, Tang Organization, is a multinational conglomerate with interests across property development, investment, construction, hospitality, and education sectors. Tang Organization is also an owner and operator of hotels in Singapore, Maldives, and Australia, reinforcing its expertise and strategic positioning in the hospitality sector.

Important Notice and Disclaimer

The value of stapled securities in Acrophyte Hospitality Trust and the income derived from them may fluctuate and are subject to investment risks, including the possible loss of the principal amount invested. The stapled securities are not guaranteed by the Managers, DBS Trustee Limited, or any of their affiliates. Investors do not have the right to request redemption or purchase of the securities by the Managers while they are listed, and trading is only facilitated through the SGX-ST. Forward-looking statements in this report are subject to risks and uncertainties and may not reflect future performance.

公告要点

• Acrophyte Hospitality Trust（ACRO-HT）持续进行战略评估和集团战略选项的考量。
• 管理人正与主要股东（赞助商）就涉及Acrophyte Hospitality Trust 组合证券的潜在交易进行深入讨论。
• 目前尚不能确定讨论是否会产生任何交易，但相关进展可能会影响股价。
• 建议投资者在不确定时期内谨慎操作，避免因误判而损害自身利益。
• 如有重大事项发展，管理人会根据新交所（SGX）的规定及时发布公告。

战略评估详情

董事会宣布，集团正在进行战略评估，并同时考察多项战略选项。这一进程已多次更新，对信托的未来方向、价值和结构可能产生重要影响。

值得注意的是，管理人证实，正与赞助商Tang Organization私人有限公司就潜在交易持续磋商，相关细节尚未披露。若达成任何协议，对Acrophyte Hospitality Trust的证券价格可能产生重大影响。

投资者需知

• 结果不确定： 当前讨论未必产生任何交易，投资者需密切关注进展。
• 价格敏感性： 任何有关战略或交易的公告都可能对证券价格产生重大影响。
• 投资建议： 建议投资者在此期间勿贸然操作证券，如有疑问应咨询专业顾问。
• 合规披露： 管理人承诺如有重大或价格敏感事项将及时公告。

信托背景介绍

Acrophyte Hospitality Trust 是新交所上市的组合信托，由Acrophyte Hospitality Property Trust（房地产信托）和Acrophyte Hospitality Management Trust（商业信托）组成，投资组合包括分布在美国16个州的30家高档精选服务型酒店，共计3938间客房。信托由Acrophyte Hospitality Trust Management私人有限公司与Acrophyte Hospitality Business Trust Management私人有限公司管理，均为Acrophyte Asset Management私人有限公司全资子公司。

赞助商Tang Organization是一家跨国企业集团，业务涵盖房地产开发与投资、建筑、酒店、教育等领域，在新加坡、马尔代夫、澳大利亚拥有并经营酒店，具备深厚的行业经验和资源。

重要声明

Acrophyte Hospitality Trust 组合证券及其收益存在波动，投资风险包括本金损失。组合证券不受管理人、DBS Trustee Limited或其关联方担保。投资者在证券上市期间无权要求管理人赎回或回购，只能通过新交所交易。有关前瞻性声明存在诸多不确定性，未来表现可能与预期不同。