BURSA ANNOUCEMENTS

Date : 03 December 2012

Circular/Notice to Shareholders

SUNWAY REAL ESTATE INVESTMENT TRUST

SubjectCIRCULAR 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 NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT    
Date Announced3 Dec 2012  
CategoryPDF Submission
Reference NoMI-121203-40268

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