MULTIPLE PROPOSALS PAVILION REAL ESTATE INVESTMENT TRUST ("PAVILION REIT") - PROPOSED ACQUISITION; AND - PROPOSED PLACEMENTS. (COLLECTIVELY REFERRED TO AS "PROPOSALS")
PAVILION REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | MULTIPLE PROPOSALS |
Description | PAVILION REAL ESTATE INVESTMENT TRUST ("PAVILION REIT") - PROPOSED ACQUISITION; AND - PROPOSED PLACEMENTS. (COLLECTIVELY REFERRED TO AS "PROPOSALS") |
We refer to the announcement dated 22 November 2022 in relation to the Proposals (“Announcement”). Unless otherwise defined, the definitions for capitalised terms as set out in the Announcement shall apply herein.
On behalf of the Board, CIMB and Maybank IB wish to announce that the following have been submitted to Bursa Securities today:
(a) the valuation report dated 22 November 2022, prepared by Knight Frank, in respect of the Proposed Acquisition (“Valuation Report”); and
(b) a waiver application, on behalf of the Manager, in relation to the requirement under Paragraph 5.14(h) of the Asset Valuation Guidelines issued by the SC, to allow for the disclosure of the relevant tenancy details of the existing tenants of PBJ Mall (“Existing Tenants”) to be on an aggregated basis by individual floors of the premises, in place of disclosures of specific tenancy details of each of the Existing Tenants in the Valuation Report.
This announcement is dated 25 November 2022. |
Announcement Info
Company Name | PAVILION REAL ESTATE INVESTMENT TRUST |
Stock Name | PAVREIT |
Date Announced | 25 Nov 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-24112022-00037 |