We refer to the announcements dated 8 December 2011, 20 January 2012, 15 May 2012, 28 May 2012, 15 June 2012, 20 June 2012, 5 July 2012, 15 August 2012 and 30 August 2012 respectively in relation to, amongst others, the Rights Issue (collectively referred to as the “Earlier Announcements”) and Rights Issue Prospectus dated 3 September 2012 (“Rights Issue Prospectus”). Unless otherwise stated, all definitions used in this announcement shall carry the same meaning as defined in the Earlier Announcements and Rights Issue Prospectus.


On behalf of the Board, ECM Libra is pleased to announce that as at the close of acceptance and payment for the Rights Issue at 5.00 p.m. on 19 September 2012 (“Closing Date”), Hektar REIT had received valid acceptances and excess applications for a total of 92,350,055 Rights Units, representing a subscription rate of 115.44% of the total number of Rights Units available for subscription under the Rights Issue.

The details of valid acceptances and excess applications of Rights Units received as at the Closing Date are as follows:

 

No of Rights Units

%

Total valid acceptances

79,148,560

98.94

Total valid excess applications

13,201,495

16.50

Total valid acceptances and excess applications

92,350,055

115.44

Total available for subscription

80,000,250

100.00

Over-subscription

12,349,805

15.44


The excess Rights Units will be allotted in the manner as stated in the Rights Issue Prospectus.
The Rights Units are expected to be listed and quoted on the Main Market of Bursa Securities on 2 October 2012.