Bursa Announcements
Date : 10 August 2011

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING AMFIRST REAL ESTATE INVESTMENT TRUST ("AmFIRST REIT" OR “THE FUND”) (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE ON THE BASIS OF THREE (3) RIGHTS UNIT (“RIGHTS UNIT(S)”) FOR EVERY FIVE (5) EXISTING UNITS IN AmFIRST REIT (“UNITS”) AT AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE”); AND (II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AmFIRST REIT OF 429,001,000 UNITS TO 686,401,600 UNITS (“PROPOSED INCREASE IN FUND SIZE”). (COLLECTIVELY REFFERED TO AS “PROPOSALS”)

AMFIRST REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionAMFIRST REAL ESTATE INVESTMENT TRUST ("AmFIRST REIT" OR “THE FUND”)

(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE ON THE BASIS OF THREE (3) RIGHTS UNIT (“RIGHTS UNIT(S)”) FOR EVERY FIVE (5) EXISTING UNITS IN AmFIRST REIT (“UNITS”) AT AN ENTITLEMENT DATE TO BE DETERMINED LATER (“PROPOSED RIGHTS ISSUE”); AND

(II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AmFIRST REIT OF 429,001,000 UNITS TO 686,401,600 UNITS (“PROPOSED INCREASE IN FUND SIZE”).

(COLLECTIVELY REFFERED TO AS “PROPOSALS”)

On behalf of the Board of Directors ("Board") of Am ARA REIT Managers Sdn Bhd, the manager of AmFIRST REIT ("Am ARA" or "Manager"), AmInvestment Bank Berhad (a member of AmInvestment Bank Group) ("AmInvestment Bank") wishes to announce that AmFIRST REIT is proposing to undertake the following:-

(i) a renounceable rights issue on the basis of three (3) Rights Units for every five (5) existing Units at an entitlement date to be determined later ("Entitlement Date"); and

(ii) proposed increase in the existing approved fund size of AmFIRST REIT of 429,001,000 Units to 686,401,600 Units.

Further details of the announcement are attached herein.

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This announcement is dated 10 August 2011.

Attachments

AmFirst Ann.pdf
72 KB


Announcement Info

Company NameAMFIRST REAL ESTATE INVESTMENT TRUST  
Stock Name AMFIRST    
Date Announced10 Aug 2011  
CategoryGeneral Announcement
Reference NoMB-110810-66870

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