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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT") PROPOSED PRIVATE PLACEMENT OF UP TO 23,098,000 NEW UNITS IN HEKTAR REIT, REPRESENTING UP TO 5% OF ITS TOTAL ISSUED UNITS ("PROPOSED PRIVATE PLACEMENT")

HEKTAR REAL ESTATE INVESTMENT TRUST

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

PROPOSED PRIVATE PLACEMENT OF UP TO 23,098,000 NEW UNITS IN HEKTAR REIT, REPRESENTING UP TO 5% OF ITS TOTAL ISSUED UNITS ("PROPOSED PRIVATE PLACEMENT")

On behalf of the Board of Directors of Hektar Asset Management Sdn Bhd, being the management company of Hektar REIT, KAF Investment Bank Berhad wishes to announce that Hektar REIT proposes to undertake a private placement of up to 23,098,000 new units of Hektar REIT (“Placement Unit(s)”), representing up to 5% of its total issued units of 461,960,178 units as at 12 November 2021, being the latest practicable date prior to this announcement.

 

Kindly refer to the attachment for further details of the Proposed Private Placement.

 

This announcement is dated 15 November 2021.




Please refer attachment below.



Announcement Info

Company Name HEKTAR REAL ESTATE INVESTMENT TRUST
Stock Name HEKTAR
Date Announced 15 Nov 2021
Category General Announcement for PLC
Reference Number GA1-11112021-00059


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