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East Coast Mall Acquisition - Conditional Approval Obtained for the Listing of and Quotation for Up to 298,971,000 Placement Units on the Main Market of Bursa Securities

BackSep 15, 2011
Date Announced : 15/09/2011

 

Type : Announcement
Subject :
MULTIPLE PROPOSALS

Description :
CAPITAMALLS MALAYSIA TRUST (“CMMT”)

(I) PROPOSED ACQUISITION BY AMTRUSTEE BERHAD, AS TRUSTEE OF CMMT, OF EAST COAST MALL FOR A PURCHASE CONSIDERATION OF RM310,000,000 (“PROPOSED ACQUISITION”); AND

(II) PROPOSED PLACEMENT OF UP TO 298,971,000 NEW UNITS IN CMMT (“PLACEMENT UNITS”) BY WAY OF BOOKBUILDING, REPRESENTING UP TO 20% OF THE EXISTING UNITS IN CMMT PURSUANT TO THE AUTHORITY GRANTED (“PROPOSED PLACEMENT”);

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
   
 

Announcement Details/Table Section :

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN.

(Unless stated otherwise, all expressions used in this announcement shall carry the same meanings as defined in the announcement dated 14 June 2011).

We refer to the announcements dated 14 June 2011 and 12 July 2011 in relation to the Proposals.

On behalf of the Board of Directors of CapitaMalls Malaysia REIT Management Sdn. Bhd. (“the Manager”), which is the manager of CMMT, CIMB Investment Bank Berhad is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, through its letter dated 14 September 2011, approved the listing of and quotation for up to 298,971,000 Placement Units, on the Main Market of Bursa Securities subject to the following conditions:-

i) The Manager and its adviser must fully comply with the relevant provisions under the Main Market Listing Requirements of Bursa Securities pertaining to the implementation of the Proposed Placement;

ii) The Manager and its adviser must inform Bursa Securities upon the completion of the Proposed Placement; and

iii) The Manager is to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Placement is completed.

This announcement is dated 15 September 2011.