BURSA ANNOUCEMENTS

Date : 05 September 2019

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, THE FIRST SUPPLEMENTAL AGREEMENT DATED 11 SEPTEMBER 2014 AND THE SECOND SUPPLEMENTAL AGREEMENT DATED 16 AUGUST 2018 RELATING TO SUNWAY RESORT HOTEL & SPA AND SUNWAY PYRAMID HOTEL ("SRH HOTEL MASTER LEASE") BETWEEN RHB TRUSTEES BERHAD (AS TRUSTEE FOR SUNREIT), 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, THE FIRST SUPPLEMENTAL AGREEMENT DATED 11 SEPTEMBER 2014 AND THE SECOND SUPPLEMENTAL AGREEMENT DATED 16 AUGUST 2018 RELATING TO SUNWAY RESORT HOTEL & SPA AND SUNWAY PYRAMID HOTEL ("SRH HOTEL MASTER LEASE") BETWEEN RHB TRUSTEES BERHAD (AS TRUSTEE FOR SUNREIT), 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 5 September 2019 entered into a third supplemental agreement (Third Supplemental Agreement) with the Manager and Sunway Resort Hotel Sdn Bhd, a wholly-owned subsidiary of Sunway City Sdn Bhd which in turn is a wholly-owned subsidiary of Sunway Berhad to vary the SRH Hotel Master Lease to exclude a multi-storey building annexed to Sunway Resort Hotel & Spa (SRHS Annexe) together with a link bridge connecting SRHS Annexe to Sunway Pyramid Hotel from SRH Hotel Master Lease subject to the terms and conditions as set out in the Third Supplemental Agreement.

 

Please refer to the attachment below for further details of the Third Supplemental Agreement.

 

The announcement is dated 5 September 2019.




Please refer attachment below.



Announcement Info

Company Name SUNWAY REAL ESTATE INVESTMENT TRUST
Stock Name SUNREIT
Date Announced 05 Sep 2019
Category General Announcement for PLC
Reference Number GA1-28082019-00074


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