We refer to the Company’s announcements dated 1 December 2020, 25 November 2021, 30 November 2021 and 8 December 2021 in relation to the Proposed REIT Establishment and Listing (“Announcements”). Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the Announcements.
On behalf of the Board, HLIB wishes to announce the following in relation to the Proposed REIT Establishment and Listing:
(i) Submission to the authorities
On 14 December 2021, HLIB had submitted an application to the Securities Commission Malaysia in relation to the Proposed REIT Establishment and Listing. The valuation reports for the 34 Subject Properties in relation to the Proposed Group Transfers and Proposed Offering shall be submitted to Bursa Securities on 15 December 2021.
(ii) Update to the Proposed Offering
In respect of the Proposed ROFS, the Board has fixed the entitlement basis at 1 Offer Unit for every 5 existing AME Shares held by the Entitled Shareholders as at 5.00 p.m. on an entitlement date to be determined and announced by the Board of AME (“Entitlement Date”).
Please refer to the attached file for further details on the Proposed REIT Establishment and Listing.
This announcement is dated 14 December 2021.