GENERAL MEETINGS: Notice of Meeting
| SUNWAY REAL ESTATE INVESTMENT TRUST |
| Type of Meeting |
Extraordinary |
| Indicator |
Notice of Meeting |
| Description |
The Unitholders' Meeting will be held as a fully virtual meeting through live streaming and online remote voting from the broadcast venue on 2 October 2020 at 4:30 pm, or within 20 minutes after the conclusion of the 8th AGM,whichever is later
|
| Date of Meeting |
02 Oct 2020 |
| Time |
04:30 PM |
| Venue(s) |
Broadcast venue:
Penthouse, Level 20, Menara Sunway,
Jalan Lagoon Timur, Bandar Sunway,
47500 Subang Jaya, Selangor Darul Ehsan
Malaysia
|
| Date of General Meeting Record of Depositors |
24 Sep 2020 |
Resolutions |
|
1. Ordinary Resolution 1
|
| Description |
Proposed acquisition by RHB Trustees Berhad, on behalf of Sunway Real Estate Investment Trust ("Sunway REIT"), of The Pinnacle Sunway from Sunway Integrated Properties Sdn Bhd and Sunway Pinnacle Sdn Bhd, the wholly-owned indirect subsidiaries of Sunway Berhad, for a cash consideration of RM450.0 million
|
| Shareholder’s Action |
For Voting |
|
2. Ordinary Resolution 2
|
| Description |
Proposed private placement of up to 589,015,600 new units in Sunway REIT ("Placement Units"), representing up to 20.0% of the total number of issued units of Sunway REIT of 2,945,078,000 units, to raise gross proceeds of up to RM710.0 million, the actual amount of Placement Units and placement issue price for which shall be determined by way of bookbuilding
|
| Shareholder’s Action |
For Voting |
|
3. Ordinary Resolution 3
|
| Description |
Proposed allocation of up to 294,507,800 Placement Units to Sunway REIT Holdings Sdn Bhd pursuant to the bookbuilding exercise
|
| Shareholder’s Action |
For Voting |
|
4. Ordinary Resolution 4
|
| Description |
Proposed allocation of up to 140,000,000 Placement Units to Employees Provident Fund Board and/or persons connected with them pursuant to the bookbuilding exercise
|
| Shareholder’s Action |
For Voting |
|
Please refer attachment below.
Announcement Info
| Company Name |
SUNWAY REAL ESTATE INVESTMENT TRUST
|
| Stock Name |
SUNREIT |
| Date Announced |
15 Sep 2020 |
| Category |
General Meeting |
| Reference Number |
GMA-14092020-00012 |
| Corporate Action ID |
MY200914MEET0011 |
