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New Issue of Securities (Chapter 6 of Listing Requirements):Other Issue of Securities
- Proposed Authority to Allot and Issue up to 353,607,640 New Units of CMMT, Representing Up to 20% of the Existing Fund Size of CMMT Pursuant To Clause 14.03 Of The Securities Commission Malaysia's Guidelines On Real Estate Investment Trusts ("REITs Guidelines") ("Proposed Authority" Or "General Mandate")

BackApr 01, 2013
Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description CAPITAMALLS MALAYSIA TRUST (“CMMT”)

PROPOSED AUTHORITY TO ALLOT AND ISSUE UP TO 353,607,640 NEW UNITS OF CMMT, REPRESENTING UP TO 20% OF THE EXISTING FUND SIZE OF CMMT PURSUANT TO CLAUSE 14.03 OF THE SECURITIES COMMISSION MALAYSIA’S GUIDELINES ON REAL ESTATE INVESTMENT TRUSTS (“REITS GUIDELINES”) (“PROPOSED AUTHORITY” OR “GENERAL MANDATE”)

 

(Unless stated otherwise, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 22 January 2013 in relation to the Proposals).

We refer to the announcements dated 22 January 2013, 23 January 2013 and 25 March 2013 in relation to the Proposed Authority.

On behalf of the Board of Directors of the Manager, the Joint Principal Advisers are pleased to announce that Bursa Securities has, vide its letter dated 1 April 2013, approved the listing of such number of additional new Units representing up to 20% of the existing fund size of CMMT, to be issued pursuant to the Proposed Authority, on the Main Market of Bursa Securities subject to the following conditions:-

(i) The Joint Principal Advisers are required to submit a confirmation to Bursa Securities of full compliance of the Proposed Authority pursuant to Clause 14.03 of the REITs Guidelines and stating the effective date of implementation together with a certified true copy of the resolution passed by the Unitholders in a general meeting; and

(ii) CMMT is required to furnish Bursa Securities on a quarterly basis a summary of the total number of Units listed pursuant to the Proposed Authority as at the end of each quarter together with a detailed computation of listing fees payable.

CMMT is also required to ensure full compliance of all the requirements pertaining to the Proposed Authority as provided under the Main Market Listing Requirements of Bursa Securities at all times.

This announcement is dated 1 April 2013.

 


Announcement Info

Company Name CAPITAMALLS MALAYSIA TRUST  
Stock Name CMMT    
Date Announced 1 Apr 2013  
Category General Announcement
Reference No MM-130401-59189