Additional Listing Announcement
|SUNWAY REAL ESTATE INVESTMENT TRUST|
1. Details of Corporate Proposal
|Whether the corporate proposal involves the issuance of new type |
and new class of securities?
|Types of corporate proposal||Special Issue|
|Details of corporate proposal||The issuance of 2,367,900 units is pursuant to the part payment of management fees in units to Sunway REIT Management Sdn Bhd, the Manager of Sunway Real Estate Investment Trust, for the fourth financial quarter ended 30 June 2011.|
The total management fee payable to the Manager for the fourth financial quarter ended 30 June 2011 amounted to RM5,306,133.00, whereby approximately RM2,652,995.16 was satisfied via the issuance of new units to the Manager. Based on the 10-day volume weighted average price of the units up to and including 30 June 2011 of RM1.1204, the number of units issued to the Manager was 2,367,900 units.
|No. of shares issued under this corporate proposal||2,367,900|
|Issue price per share ($$)||MYR 1.120|
|Par Value ($$)||MYR 0.000|
Latest issued and paid up share capital after the above corporate proposal in the following
|Company Name||SUNWAY REAL ESTATE INVESTMENT TRUST|
|Date Announced||21 Sept 2011|
|Category||Additional Listing Announcement (ALA)|