The information included on this website does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for stapled securities ("Stapled Securities") in The Trust in Singapore or in any other jurisdiction.

The value of Stapled Securities and the income derived from them, if any, may fall or rise. Stapled Securities are not obligations of, deposits in, guaranteed by, the Managers, DBS Trustee Limited (as Trustee of ARA US Hospitality Property Trust) or any of their associated companies or affiliates. An investment in Stapled Securities is subjected to investment risks, including the possible loss of the principal amount invested.

Investors should note that they will have no right to request the Managers to redeem or purchase their Stapled Securities for so long as their Stapled Securities are listed on Singapore Exchange Securities Trading Limited (the "SGX-ST"). It is intended that holders of Stapled Securities may only deal in their Stapled Securities through trading on the SGX-ST. The listing of the Stapled Securities on the SGX-ST does not guarantee a liquid market for the Stapled Securities.