MULTIPLE PROPOSALS SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNWAY REIT”) I - PROPOSED ACQUISITION OF THE SUNMED PROPERTY FOR A PURCHASE CONSIDERATION OF RM310 MILLION; II - PROPOSED PLACEMENT OF NEW UNITS IN SUNWAY REIT; III - PROPOSED UNITHOLDERS’ MANDATE TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE APPROVED FUND SIZE OF SUNWAY REIT; AND IV - PROPOSED INCREASE IN FUND SIZE. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
| SUNWAY REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNWAY REIT”) I - PROPOSED ACQUISITION OF THE SUNMED PROPERTY FOR A PURCHASE CONSIDERATION OF RM310 MILLION; II - PROPOSED PLACEMENT OF NEW UNITS IN SUNWAY REIT; III - PROPOSED UNITHOLDERS’ MANDATE TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE APPROVED FUND SIZE OF SUNWAY REIT; AND IV - PROPOSED INCREASE IN FUND SIZE. (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
We refer to the announcement dated 9 October 2012 in respect of the Proposals (“Announcement”). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
On behalf of the Board of Directors of the Manager, RHB Investment Bank wishes to announce that an application to the SC has been submitted today for the following:- (a) the issuance of new units pursuant to the Proposed Placement and Proposed Mandate; (b) the listing of and quotation for the new units pursuant to the Proposed Placement and Proposed Mandate on the Main Market of Bursa Securities; (c) the Proposed Increase in Fund Size; and (d) the valuation of the SunMed Property. This announcement is dated 10 October 2012. | |
Announcement Info
| Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
| Stock Name | SUNREIT |
| Date Announced | 10 Oct 2012 |
| Category | General Announcement |
| Reference No | MI-121010-62028 |