Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT") I. ACQUISITION AND LEASE; II. PLACEMENT; AND III. AMENDMENT

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

We refer to the announcements dated 12 September 2023, 7 December 2023, 7 December 2023, 19 December 2023, 21 December 2023, 15 January 2024, 22 February 2024, 4 March 2024, 4 March 2024 and 5 March 2024 in relation to the Proposals.

UOBKH wishes to announce that the Board had on 5 March 2024 resolved to fix the issue price for the Placement at RM0.5850 per Placement Unit.

The issue price of RM0.5850 per Placement Unit represents a discount of 4.72% to the 5-day volume weighted average market price of Hektar REIT units up to and including 4 March 2024, being the last traded day of Hektar REIT units immediately preceding the price-fixing date, of RM0.6140 per Hektar REIT unit.

 

This announcement is dated 5 March 2024.