Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT") PRIVATE PLACEMENT OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED UNITS OF HEKTAR REIT ("PRIVATE PLACEMENT")

The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Private Placement.

We refer to the announcements dated 11 October 2023, 12 October 2023, 2 November 2023, 7 November 2023, 8 November 2023 and 10 November 2023 in relation to the Private Placement.

UOBKH wishes to announce that the Board had on 5 December 2023 resolved to fix the issue price for the Private Placement at RM0.56 per Placement Unit.

The issue price of RM0.56 per Placement Unit represents a discount of 9.14% to the 5-day volume weighted average market price of Hektar REIT units up to and including 4 December 2023, being the last traded day of Hektar REIT units immediately preceding the price-fixing date, of RM0.6163 per Hektar REIT unit.

 

This announcement is dated 5 December 2023.