StockWatch
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Real Estate Investment Trusts (REITs)
Shareholding16 Sept 2026, 06:11 pm

Nexus Select Trust: Sponsor Entity Pledges 1.3M Units

AI Summary

Nexus Select Trust has disclosed that BREP Asia SG Forum Holding (NQ) Pte. Ltd., a Sponsor Group entity, has created a pledge over 1,300,000 units of the Trust. This pledge, representing 0.0858% of the total outstanding units, was made in favor of Deutsche Bank AG as the onshore security agent. The pledge serves to secure obligations related to a credit facility availed by NXST ML (NQ) Limited from a lender, as per a facility agreement dated June 13, 2023, and subsequent amendments. The disclosure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the Trust's internal codes.

Key Highlights

  • Sponsor entity BREP Asia SG Forum Holding pledged 1.3M Nexus Select Trust units.
  • Pledge represents 0.0858% of total outstanding units.
  • Secures credit facility obligations for NXST ML (NQ) Limited.
  • Pledge made in favor of Deutsche Bank AG as onshore security agent.
  • Disclosure complies with SEBI insider trading regulations.