BURSA ANNOUNCEMENTS

Date : 18 August 2020

OTHERS SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT") - UNRATED MEDIUM TERM NOTES ("UNRATED MTNS") UNDER THE MEDIUM TERM NOTES PROGRAMME OF UP TO RM10.0 BILLION IN NOMINAL VALUE ("MTN PROGRAMME") ESTABLISHED BY SUNREIT UNRATED BOND BERHAD

SUNWAY REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject OTHERS
Description
SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT") 
- UNRATED MEDIUM TERM NOTES ("UNRATED MTNS") UNDER THE MEDIUM TERM NOTES PROGRAMME OF UP TO RM10.0 BILLION IN NOMINAL VALUE ("MTN PROGRAMME") ESTABLISHED BY SUNREIT UNRATED BOND BERHAD

We refer to our announcements dated 25 May 2012, 10 July 2012, 9 October 2012 and 30 June 2017 (“Announcements”) in relation to the MTN Programme established by SUNREIT Unrated Bond Berhad (the “Issuer”), a special purpose vehicle whose shares are held by RHB Trustees Berhad, as trustee for SUNREIT.

 

The Board of Directors of Sunway REIT Management Sdn Bhd, as manager of SUNREIT, wishes to announce that the MTN holders via the MTN Trustee had approved the following key revisions to the principal terms and conditions of MTN Programme:

 

(a) that the ratio of the Pool A Total Loan to the Pool A Security Value shall not exceed 50% at all times; and

(b) that the ratio of the Pool B Total Loan to the Pool B Security Value shall not exceed 50% at all times,

 

(collectively, the “Revisions”).

 

On behalf of the Issuer, Affin Hwang Investment Bank Berhad, being the Principal Adviser and Lead Arranger for the MTN Programme, had on 18 August 2020 notified the Securities Commission Malaysia that the Revisions have taken effect on even date.

 

This announcement is dated 18 August 2020.






Announcement Info

Company Name SUNWAY REAL ESTATE INVESTMENT TRUST
Stock Name SUNREIT
Date Announced 18 Aug 2020
Category General Announcement for PLC
Reference Number GA1-18082020-00030


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