NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): OTHER ISSUE OF SECURITIES
SUNWAY REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
Description | SUNWAY REAL ESTATE INVESTMENT TRUST - Additional Listing Announcement (ALA) |
Number of corporate proposal * : 1 1. Details of Corporate Proposal Whether the corporate proposal involves the issuance of new type and new class of securities? * : No [e.g. new issues of A-Shares, new warrants, new ICULS, etc] Types of corporate proposal * : Special Issue Details of corporate proposal * : The issuance of 2,331,100 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 second financial quarter ended 31 December 2010. The total management fee payable to the Manager for the second financial quarter ended 31 December 2010 amounted to RM4,749,465.56, whereby approximately RM2,374,732.78 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 December 2010 of RM1.0187, the number of units issued to the Manager was 2,331,100 units. No. of shares issued under this corporate proposal * : 2,331,100 Issue price per share ($$) * : Malaysian Ringgit (MYR) 1.0187 Par Value ($$) : Nil Latest issued and paid up share capital after the above corporate proposal in the following Units * : 2,684,679,000 Currency * : Nil Listing Date * : 16/03/2011 |
Announcement Info
Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
Stock Name | SUNREIT |
Date Announced | 15 Mar 2011 |
Category | General Announcement |
Reference No | SR-110315-5BB9E |