Announcement

Multiple Proposals

20 February 2017

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Type Announcement
Subject MULTIPLE PROPOSALS
Description

HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT")

(I) PROPOSED ACQUISITION;

(II) PROPOSED RIGHTS ISSUE;

(III) PROPOSED ISSUANCE TO MANAGER;

(IV) PROPOSED AUTHORITY; AND

(V) PROPOSED INCREASE IN FUND SIZE

(COLLECTIVELY REFERRED TO AS "PROPOSALS")

(Reference is made to Hektar REIT’s announcements dated 10 June 2016, 5 September 2016, 9 January 2017 and 14 February 2017 in relation to the Proposals (“Announcements”). Unless otherwise stated, all abbreviations used herein shall have the same meanings as those used in the Announcements.)

On behalf of the Board, Maybank IB wishes to announce that the Listing Application, which was expected to be submitted to Bursa Securities today, has not been submitted as the Board requires additional time to address the recent developments (which was announced on 14 February 2017). The Listing Application will be submitted upon finalisation of the same.

This Announcement is dated 20 February 2017.