Bursa Announcements
Date : 06 August 2025

OTHERS AmFIRST REAL ESTATE INVESTMENT TRUST ("AmFIRST REIT") LETTER OF OFFER FOR THE APPOINTMENT OF A HOTEL OPERATOR AND PROJECT MANAGER FOR THE PROPOSED REFURBISHMENT AND REBRANDING OF THE SUMMIT HOTEL SUBANG USJ TO MANA MANA HOLDINGS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF EXSIM HOSPITALITY BERHAD ("EXSIM").

AMFIRST REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject OTHERS
Description
AmFIRST REAL ESTATE INVESTMENT TRUST ("AmFIRST REIT")
LETTER OF OFFER FOR THE APPOINTMENT OF A HOTEL OPERATOR AND PROJECT MANAGER FOR THE PROPOSED REFURBISHMENT AND REBRANDING OF THE SUMMIT HOTEL SUBANG USJ TO MANA MANA HOLDINGS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF EXSIM HOSPITALITY BERHAD ("EXSIM").

The Board of Directors of AmREIT Managers Sdn Bhd, the Manager for AmFIRST REIT (“Manager”), wishes to announce that Maybank Trustees Berhad, acting in its capacity as the Trustee for AmFIRST REIT (“Trustee” or “Landlord”), had issued the Letter of Offer on 29 July 2025 (“Letter of Offer”) to appoint Mana Mana Holdings Sdn Bhd (“MMHSB” or “Operator”) which was accepted on 6 August 2025, to provide project management service in respect of the refurbishment and rebranding of The Summit Hotel Subang USJ (“Hotel”) (“Exercise”) and subsequently to operate the Hotel under a tenancy agreement upon the completion of the Exercise in accordance with the terms and conditions as stipulated in the Letter of Offer (“Proposal”).

 

Please refer to the attachment below.

 

This announcment is dated 6 August 2025.




Please refer attachment below.



Announcement Info

Company Name AMFIRST REAL ESTATE INVESTMENT TRUST
Stock Name AMFIRST
Date Announced 06 Aug 2025
Category General Announcement for PLC
Reference Number GA1-05082025-00018


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