GENERAL MEETINGS: Notice of Meeting
KIP REAL ESTATE INVESTMENT TRUST |
Type of Meeting |
Extraordinary |
Indicator |
Notice of Meeting |
Description |
NOTICE OF UNITHOLDERS' MEETING
|
Date of Meeting |
22 Jul 2025 |
Time |
10:00 AM |
Venue(s) |
Main Function Room, Level 5, KIP Hotel
No. 77, Jalan Seri Utara 1,
Sri Utara Off Jalan Ipoh,
68100 Kuala Lumpur
Malaysia
|
Date of General Meeting Record of Depositors |
15 Jul 2025 |
Resolutions |
|
1. ORDINARY RESOLUTION 1
|
Description |
PROPOSED ACQUISITION BY PACIFIC TRUSTEES BERHAD, ACTING SOLELY IN ITS CAPACITY AS THE TRUSTEE FOR AND ON BEHALF OF KIP REIT ("TRUSTEE"), OF ALL THAT PIECE OF FREEHOLD LAND HELD UNDER TITLE NO. HSD 292124, PT 40872, MUKIM OF IJOK, DISTRICT OF KUALA SELANGOR, SELANGOR WITH A TWO-AND-A-HALF (2 1/2) STOREY RETAIL CENTRE KNOWN AS KIPMALL DESA COALFIELDS AND A SINGLE STOREY DRIVE THRU BUILDING ("SUBJECT PROPERTY 1"), FROM SENZ YANG REALTY SDN BHD ("SYRSB"), FOR A CASH CONSIDERATION OF RM62.00 MILLION ("PROPOSED ACQUISITION 1")
|
Shareholder’s Action |
For Voting |
|
2. ORDINARY RESOLUTION 2
|
Description |
PROPOSED ACQUISITION BY PACIFIC TRUSTEES BERHAD, ACTING SOLELY IN ITS CAPACTY AS THE TRUSTEE FOR AND ON BEHALF OF KIP REIT, OF ALL THAT PIECE OF LEASEHOLD LAND HELD UNDER TITLE NO. HSM 101556, PT 157750, MUKIM OF KUALA KUANTAN, DISTRICT OF KUANTAN, PAHANG WITH A SINGLE STOREY HYPERMARKET BUILDING KNOWN AS LOTUS'S INDERA MAHKOTA ("SUBJECT PROPERTY 2"), FROM GENUINE ICON SDN BHD ("GENUINE"), FOR A CASH CONSIDERATION OF RM39.00 MILLION ("PROPOSED ACQUISITION 2")
|
Shareholder’s Action |
For Voting |
|
3. ORDINARY RESOLUTION 3
|
Description |
PROPOSED ACQUISITION BY PACIFIC TRUSTEES BERHAD, ACTING SOLELY IN ITS CAPACITY AS THE TRUSTEE FOR AND ON BEHALF OF KIP REIT, OF A PART OF ALL THAT PIECE OF LEASEHOLD LAND HELD UNDER TITLE NO. PM 29824, LOT 144748, MUKIM OF KUALA KUANTAN, DISTRICT OF KUANTAN, PAHANG WITH THREE (3) UNITS OF DOUBLE STOREY SHOP OFFICE AND LOWER GROUND CAR PARK ("SUBJECT PROPERTY 3"), FROM GENUINE, FOR A CASH CONSIDERATION OF RM12.00 MILLION ("PROPOSED ACQUISITION 3")
|
Shareholder’s Action |
For Voting |
|
4. ORDINARY RESOLUTION 4
|
Description |
PROPOSED ACQUISITION BY PACIFIC TRUSTEES BERHAD, ACTING SOLELY IN ITS CAPACITY AS THE TRUSTEE FOR AND ON BEHALF OF KIP REIT, OF A PART OF ALL THAT PIECE OF LEASEHOLD LAND HELD UNDER TITLE NO. PM 29824, LOT 144748, MUKIM OF KUALA KUANTAN, DISTRICT OF KUANTAN, PAHANG WITH A DOUBLE STOREY COMMERCIAL BUILDING ("SUBJECT PROPERTY 4"), FROM GENUINE AND KIP HOLDINGS SDN BHD ("KHSB"), FOR A CASH CONSIDERATION OF RM5.00 MILLION ("PROPOSED ACQUISITION 4")
|
Shareholder’s Action |
For Voting |
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5. ORDINARY RESOLUTION 5
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Description |
PROPOSED PLACEMENT OF UP TO 160,000,000 NEW UNITS IN KIP REIT ("KIP REIT UNIT(S)" OR "UNIT(S)") ("PLACEMENT UNIT(S)"), REPRESENTING APPROXIMATELY 20% OF THE EXISTING ISSUED UNITS, AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PLACEMENT")
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Shareholder’s Action |
For Voting |
|
Please refer attachment below.
Announcement Info
Company Name |
KIP REAL ESTATE INVESTMENT TRUST
|
Stock Name |
KIPREIT |
Date Announced |
04 Jul 2025 |
Category |
General Meeting |
Reference Number |
GMA-03072025-00006 |
Corporate Action ID |
MY250703MEET0006 |