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) NEW UNITS IN AmFIRST REIT 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 REFERRED TO AS THE “PROPOSALS”)
AMFIRST REAL ESTATE INVESTMENT TRUST
Type
Announcement
Subject
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
AMFIRST REAL ESTATE INVESTMENT TRUST (“AmFIRST REIT” OR “THE FUND”)
(I) PROPOSED RENOUNCEABLE RIGHTS ISSUE ON THE BASIS OF THREE (3) NEW UNITS IN AmFIRST REIT 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 REFERRED TO AS THE “PROPOSALS”)
We refer to the announcements dated 10 August 2011, 8 November 2011 and 8 March 2012 respectively in respect of the Proposals (“Announcements”). Unless otherwise stated, all definitions used in this announcement shall carry the same meaning as defined in the Announcements.
On behalf of the Board, AmInvestment Bank wishes to announce that an application has been submitted to Bursa Securities today in relation to the listing of and quotation for the new Units to be issued pursuant to the Proposed Rights Issue on the Main Market of Bursa Securities.
