Bursa Announcements

Date : 05 August 2021

OTHERS ATRIUM REAL ESTATE INVESTMENT TRUST ("Atrium REIT") - Increase in Trustee's fee and Manager's fee

ATRIUM REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject OTHERS
Description
ATRIUM REAL ESTATE INVESTMENT TRUST ("Atrium REIT")
- Increase in Trustee's fee and Manager's fee

The Board of Directors of Atrium REIT Managers Sdn Bhd, the Manager of Atrium REIT ("Manager"), wishes to announce that with effect from 1 August 2021, the Trustee’s fee and Manager’s fee of Atrium REIT shall be increased as follows:-

 

 

Existing (%)*

Revised (%)*

Trustee’s fee

0.08

0.1

Manager’s fee

0.8

1.0

Note:* per annum based on the Net Asset Value of Atrium REIT

 

The above increases in fees are within the authorised limit as stipulated in the Second Restated  Deed dated 17 December 2019.

 

This announcement is dated 5 August 2021.






Announcement Info

Company Name ATRIUM REAL ESTATE INVESTMENT TRUST
Stock Name ATRIUM
Date Announced 05 Aug 2021
Category General Announcement for PLC
Reference Number GA1-05082021-00059


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