BURSA ANNOUNCEMENTS

Date : 25 May 2012

OTHERS SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNREIT”) - PROPOSED ISSUE OF, OFFER FOR SUBSCRIPTION OR PURCHASE OF, OR INVITATION TO SUBSCRIBE FOR OR PURCHASE OF UNRATED MEDIUM TERM NOTES (“UNRATED MTNs”) PURSUANT TO A MEDIUM TERM NOTE PROGRAMME OF UP TO RM1.0 BILLION IN NOMINAL VALUE (“MTN PROGRAMME”) [“PROPOSAL”]

SUNWAY REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectOTHERS
DescriptionSUNWAY REAL ESTATE INVESTMENT TRUST (“SUNREIT”)
- PROPOSED ISSUE OF, OFFER FOR SUBSCRIPTION OR PURCHASE OF, OR INVITATION TO SUBSCRIBE FOR OR PURCHASE OF UNRATED MEDIUM TERM NOTES (“UNRATED MTNs”) PURSUANT TO A MEDIUM TERM NOTE PROGRAMME OF UP TO RM1.0 BILLION IN NOMINAL VALUE (“MTN PROGRAMME”) [“PROPOSAL”]
The Board of Directors of Sunway REIT Management Sdn Bhd, the manager of SUNREIT wishes to announce that SunREIT Unrated Bond Berhad (formerly known as Mega Revenue Sdn Bhd) (“SunREIT Unrated Bond Berhad”), a special purpose vehicle whose shares are held by OSK Trustees Berhad as trustee for SUNREIT, intends to undertake the Proposal. The MTN Programme has a tenure of up to fifteen (15) years from the date of first issuance. The first issuance of the Unrated MTNs under the MTN Programme shall be within two (2) years from the date of approval by the Securities Commission Malaysia (“SC”).
Pursuant thereto, SunREIT Unrated Bond Berhad has appointed HwangDBS Investment Bank Berhad (“HwangDBS”) as the Principal Adviser/Lead Arranger and Facility Agent for the Proposal. SunREIT Unrated Bond Berhad has appointed HwangDBS and Public Investment Bank Berhad as the Security Agents for the Proposal.

HwangDBS had on 24 May 2012, on behalf of SunREIT Unrated Bond Berhad, submitted an application to the SC to seek the SC’s approval for the Proposal in accordance with Section 212 of the Capital Markets and Services Act, 2007 and the Private Debt Securities Guidelines issued by the SC.

This announcement is dated 25 May 2012.


Announcement Info

Company NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT    
Date Announced25 May 2012  
CategoryGeneral Announcement
Reference NoSR-120525-894B9

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