BURSA ANNOUCEMENTS

Date : 06 February 2013

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNWAY REIT”) PLACEMENT OF NEW UNITS IN SUNWAY REIT (“PLACEMENT”)

SUNWAY REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionSUNWAY REAL ESTATE INVESTMENT TRUST (“SUNWAY REIT”)

PLACEMENT OF NEW UNITS IN SUNWAY REIT (“PLACEMENT”)

We refer to the announcements dated 9 October 2012, 10 October 2012, 28 November 2012, 30 November 2012, 18 December 2012, 31 December 2012 and 5 February 2013 in relation to the Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, RHB Investment Bank wishes to announce that following the bookbuilding process, the Board has fixed the Issue Price at RM1.49 per Placement Unit representing a 2.9% discount to the 5-day volume weighted average price of Sunway REIT units as of 4 February 2013 of RM1.535. As such, a total of approximately RM320 million was raised resulting in 214,765,000 new units to be issued. RHB Investment Bank, Credit Suisse (Singapore) Limited, Credit Suisse (Securities) Malaysia Sdn Bhd, The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, and Maybank Investment Bank Berhad acted as placement agents for the Placement.

The proceeds from the Placement will be utilised to fully repay bank borrowings drawn from Sunway REIT’s existing debt financing facilities which was used to satisfy the Purchase Consideration for the acquisition of the SunMed Property and to defray related expenses.

This announcement is dated 6 February 2013.



Announcement Info

Company NameSUNWAY REAL ESTATE INVESTMENT TRUST  
Stock Name SUNREIT    
Date Announced6 Feb 2013  
CategoryGeneral Announcement
Reference NoMI-130205-82091

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