Announcement

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING

28 May 2020

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TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT")PROPOSED PRIVATE PLACEMENT OF UP TO 23,098,000 NEW UNITS IN HEKTAR REIT, REPRESENTING UP TO 5% OF ITS TOTAL ISSUED UNITS ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Hektar Asset Management Sdn Bhd, being the management company of Hektar REIT, M&A Securities Sdn Bhd wishes to announce that Hektar REIT proposes to undertake a private placement of up to 23,098,000 new units of Hektar REIT (“Unit(s)”), representing up to 5% of its total issued Units of 461,960,178 Units as at 27 May 2020, being the latest practicable date prior to this announcement.

Kindly refer to the attachment for further details of the Proposed Private Placement.

This announcement is dated 28 May 2020.

Attachment : Hektar - Announcement 2020-05-28.pdf PDF, 374 KB