UOAREIT

1.110

(%)

Circular/Notice to Shareholders

UOA REAL ESTATE INVESTMENT TRUST

Subject CIRCULAR TO UNITHOLDERS IN RELATION TO (I) PROPOSED ACQUISITION OF UOA CORPORATE TOWER BY RHB TRUSTEES BERHAD, ON BEHALF OF UOA REAL ESTATE INVESTMENT TRUST ("UOA REIT") FOR A CASH CONSIDERATION OF RM700.0 MILLION; (II) PROPOSED PRIVATE PLACEMENT OF UP TO 318,181,800 NEW UNITS IN UOA REIT ("PLACEMENT UNITS"), REPRESENTING UP TO APPROXIMATELY 75.2% OF THE TOTAL NUMBER OF ISSUED UNITS OF UOA REIT OF 422,871,776 UNITS, TO RAISE GROSS PROCEEDS OF UP TO RM280.0 MILLION AT THE ISSUE PRICE TO BE DETERMINED LATER BY WAY OF A BOOKBUILDING EXERCISE; AND (III) PROPOSED ALLOCATION OF UP TO 315,909,100 PLACEMENT UNITS TO DISTINCTIVE ACRES SDN. BHD. AND/OR PERSONS CONNECTED WITH IT PURSUANT TO A BOOKBUILDING EXERCISE


Please refer attachment below.



Announcement Info

Company Name UOA REAL ESTATE INVESTMENT TRUST
Stock Name UOAREIT
Date Announced 25 Nov 2020
Category Document Submission
Reference Number DCS-25112020-00008