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Additional Listing Application For The Listing of And Quotation For Up to 171,264,600 New units to Be Issued Progressively To The Manager (As Defined Herein) As Payment Of CMMT's Manager's Management Fee In Units ("Management Fee")

BackAug 07, 2012
Type Announcement
Subject OTHERS
Description CAPITAMALLS MALAYSIA TRUST (“CMMT”)

ADDITIONAL LISTING APPLICATION FOR THE LISTING OF AND QUOTATION FOR UP TO 171,264,600 NEW UNITS TO BE ISSUED PROGRESSIVELY TO THE MANAGER (AS DEFINED HEREIN) AS PAYMENT OF CMMT’S MANAGER’S MANAGEMENT FEE IN UNITS (“MANAGEMENT FEE”)

 

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

We refer to our announcement dated 10 March 2011 in relation to the approval obtained from the unitholders of CMMT in relation to the proposed increase in fund size of CMMT to facilitate, amongst others, the issuance of new units in lieu of cash as payment of Management Fee to CapitaMalls Malaysia REIT Management Sdn. Bhd. (“Manager”).                

As at the date of this announcement, the Manager has been issued a total of 8,735,400 CMMT units as payment of Management Fee out of the total of 180,000,000 new units approved by the Securities Commission via its letters dated 14 January 2011 and 9 March 2011.

On behalf of the Board of Directors of the Manager, CIMB Investment Bank Berhad is pleased to announce that an additional listing application (“Application”) has been submitted to Bursa Malaysia Securities Berhad (“Bursa Securities”) today, to seek its approval for the listing of and quotation for up to 171,264,600 new units to be issued progressively to the Manager as payment of Management Fee.

The Application is an upfront application for up to 171,264,600 new units and has the purpose of enabling the Manager to avoid the need to make recurring listing applications to Bursa Securities for periodic issuance of new units as payment of Management Fee. 

This announcement is dated 7 August 2012.

 

 

 

 


Announcement Info

Company Name CAPITAMALLS MALAYSIA TRUST  
Stock Name CMMT    
Date Announced 7 Aug 2012  
Category General Announcement
Reference No MM-120807-51387