Announcement
New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
08 April 2025
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 20% 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 earlier announcements dated 24 March 2025, 25 March 2025 and 4 April 2025 in relation to the Private Placement. On behalf of the Board, UOBKH wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 8 April 2025 ("Approval Letter"), resolved to approve the listing and quotation for up to 141,857,337 Placement Units to be issued pursuant to the Private Placement. The above approval by Bursa Securities is subject to the following conditions:- i. Hektar REIT and UOBKH must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities ("Listing Requirements") pertaining to the implementation of the Private Placement; ii. UOBKH to furnish Bursa Securities with details of the placee(s) in accordance with Paragraph 6.15 of the Listing Requirements for review/ clearance, prior to the issuance/ allotment of the Placement Units; iii. Hektar REIT or UOBKH to furnish Bursa Securities with a certified true copy of the resolution passed pursuant to Section 75 and 76 of the Companies Act 2016, in the event the existing authority has expired prior to the full implementation of the Private Placement; iv. Hektar REIT and UOBKH are required to inform Bursa Securities upon completion of the Private Placement; and v. Hektar REIT and UOBKH are required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Private Placement is completed.
This announcement is dated 8 April 2025. |