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Acquisition of Wholly-Owned Subsidiary

BackDec 14, 2011
Date Announced : 14/12/2011  

Type : Announcement
Subject :

Description :

Announcement Details/Table Section :

CapitaMalls Malaysia REIT Management Sdn. Bhd. (“CMRM” or the “Company”), the manager of CMMT (“Manager”), wishes to announce the acquisition of the following wholly-owned subsidiary incorporated in Malaysia by AmTrustee Berhad (as trustee for CMMT) as part of its ongoing business development:  

Name                                                           :           Accord Arena Sdn. Bhd.

Principal Activity                                         :           Investment Holding

Issued and Paid-up Share Capital           :           RM2.00 comprising 2 ordinary shares of RM1.00 each

The above acquisition is not expected to have any material impact on the net tangible assets or the earnings per unit or the distribution per unit of CMMT for the financial year ending 31 December 2011.

None of the Directors of the Manager, major shareholders of the Manager, major unitholders of CMMT and persons connected to them has any interest, direct or indirect, in the above acquisition.

This announcement is dated 14 December 2011.