ALSREIT

0.590

+0.005 (+0.9%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AL-SALAM REAL ESTATE INVESTMENT TRUST ("AL-SALAM" OR "REIT") PROPOSED PRIVATE PLACEMENT OF UP TO 116,000,000 UNITS IN AL-SALAM, REPRESENTING UP TO 20% OF ITS TOTAL ISSUED UNITS ("PROPOSED PRIVATE PLACEMENT")

AL-SALAM REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
AL-SALAM REAL ESTATE INVESTMENT TRUST ("AL-SALAM" OR "REIT")

PROPOSED PRIVATE PLACEMENT OF UP TO 116,000,000 UNITS IN AL-SALAM, REPRESENTING UP TO 20% OF ITS TOTAL ISSUED UNITS ("PROPOSED PRIVATE PLACEMENT")

Reference is made to the Al-Salām’s announcement in relation to the Proposed Private Placement on 28 February 2020, 4 March 2020, 17 March 2020, 28 August 2020 and 8 September 2020 (“Earlier Announcements”). Unless otherwise stated, defined terms in this announcement shall carry the same meanings as defined in the Earlier Announcements.

 

On behalf of the Board of Directors of Damansara REIT Managers Sdn Bhd, the management company of Al-Salām, AmInvestment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad, had vide its letter dated 17 March 2021, granted Al-Salām an extension of time to 13 September 2021 to complete the implementation of the Proposed Private Placement.

 

This announcement is dated 18 March 2021.






Announcement Info

Company Name AL-SALAM REAL ESTATE INVESTMENT TRUST
Stock Name ALSREIT
Date Announced 18 Mar 2021
Category General Announcement for PLC
Reference Number GA1-18032021-00039