Circular/Notice to Shareholders
| SUNWAY REAL ESTATE INVESTMENT TRUST |
| Subject | CIRCULAR TO UNITHOLDERS IN RELATION TO THE FOLLOWING: I - PROPOSED ACQUISITION BY OSK TRUSTEES BERHAD, ON BEHALF OF SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNWAY REIT”), OF THE SUNMED PROPERTY (AS DEFINED HEREIN) FROM SUNWAY MEDICAL CENTRE BERHAD, A SUBSIDIARY OF SUNWAY BERHAD, FOR A TOTAL PURCHASE CONSIDERATION OF RM310 MILLION (“PROPOSED ACQUISITION”); II - PROPOSED PLACEMENT OF SUCH NUMBER OF NEW UNITS IN SUNWAY REIT TO RAISE GROSS PROCEEDS OF UP TO RM320 MILLION AT AN ISSUE PRICE TO BE DETERMINED LATER BY WAY OF BOOKBUILDING (“PROPOSED PLACEMENT”); III - PROPOSED UNITHOLDERS’ MANDATE TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE APPROVED FUND SIZE OF SUNWAY REIT PURSUANT TO CLAUSE 14.03 OF THE GUIDELINES ON REAL ESTATE INVESTMENT TRUSTS ISSUED BY THE SC (“PROPOSED MANDATE”); AND IV - PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF SUNWAY REIT FROM 2,780,112,300 UNITS TO UP TO A MAXIMUM OF 3,650,888,858 UNITS (“PROPOSED INCREASE IN FUND SIZE”). (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) |
Announcement Info
| Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
| Stock Name | SUNREIT |
| Date Announced | 3 Dec 2012 |
| Category | PDF Submission |
| Reference No | MI-121203-40268 |