Announcement

New issue of Securities (Chapter 6 of Listing Requirements) : Fund Raising

11 October 2023

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Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT") PROPOSED PRIVATE PLACEMENT OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED UNITS OF HEKTAR REIT ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Hektar Asset Management Sdn Bhd ("Board"), being the management company of Hektar REIT ("Manager"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that Hektar REIT proposes to undertake a private placement of up to 20% of the total number of issued units of Hektar REIT to third party investor(s) to be identified later at an issue price to be determined later ("Proposed Private Placement").

Further details of the Proposed Private Placement are set out in the attachment enclosed.

 

This announcement is dated 11 October 2023.