Additional Listing Announcement
SUNWAY REAL ESTATE INVESTMENT TRUST |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | Special Issue |
Details of corporate proposal | The issuance of 2,259,400 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 first financial quarter ended 30 September 2014. The total management fee payable to the Manager for the first financial quarter ended 30 September 2014 amounted to RM6,892,661.17, whereby approximately RM3,446,262.82 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 September 2014 of RM1.5253, the number of units issued to the Manager was 2,259,400 units. |
No. of shares issued under this corporate proposal | 2,259,400 |
Issue price per share ($$) | MYR 1.525 |
Par Value ($$) | MYR 0.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 2,933,242,500 |
Currency | MYR 0.000 |
Listing Date | 25/11/2014 |
Announcement Info
Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
Stock Name | SUNREIT |
Date Announced | 24 Nov 2014 |
Category | Additional Listing Announcement (ALA) |
Reference No | SR-141124-4BAF1 |