TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT") - VARIATION TO THE HOTEL MASTER LEASE DATED 26 MAY 2010 AND THE FIRST SUPPLEMENTAL AGREEMENT DATED 11 SEPTEMBER 2014 RELATING TO SUNWAY RESORT HOTEL ("SRH HOTEL MASTER LEASE") BETWEEN RHB TRUSTEES BERHAD, SUNWAY REIT MANAGEMENT SDN BHD AND SUNWAY RESORT HOTEL SDN BHD
SUNWAY REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT") - VARIATION TO THE HOTEL MASTER LEASE DATED 26 MAY 2010 AND THE FIRST SUPPLEMENTAL AGREEMENT DATED 11 SEPTEMBER 2014 RELATING TO SUNWAY RESORT HOTEL ("SRH HOTEL MASTER LEASE") BETWEEN RHB TRUSTEES BERHAD, SUNWAY REIT MANAGEMENT SDN BHD AND SUNWAY RESORT HOTEL SDN BHD |
The Board of Directors of Sunway REIT Management Sdn Bhd, the Manager for SUNREIT (the “Manager”), wishes to inform that RHB Trustees Berhad, the trustee for SUNREIT (the “Trustee”), had on 16 August 2018 entered into a second supplemental agreement (“Second Supplemental Agreement”) with the Manager and Sunway Resort Hotel Sdn Bhd (“SRHSB”), a wholly-owned subsidiary of Sunway City Sdn Bhd (“SunCity”) which in turn is a subsidiary of Sunway Berhad (“Sunway”) to vary the SRH Hotel Master Lease to exclude the area measuring approximately 21,755 sq ft on Ground Floor within the Sunway Pyramid Hotel on Pyramid Tower Land from SRH Hotel Master Lease subject to the terms and conditions as set out in the Second Supplemental Agreement. Please refer to the attachment below for further details of the Second Supplemental Agreement. This announcement is dated 16 August 2018. |
Please refer attachment below.
Announcement Info
Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
Stock Name | SUNREIT |
Date Announced | 16 Aug 2018 |
Category | General Announcement for PLC |
Reference Number | GA1-16082018-00076 |