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OTHERS HEKTAR REAL ESTATE INVESTMENT TRUST ("Hektar REIT") - CHANGE OF NAME AND CONTROL OF TRUSTEE

Published : 01 Aug 2016
Announced : 01 Aug 2016

Type Announcement
Subject OTHERS
Description
HEKTAR REAL ESTATE INVESTMENT TRUST ("Hektar REIT")
- CHANGE OF NAME AND CONTROL OF TRUSTEE

The Board of Directors of Hektar Asset Management Sdn. Bhd. (“Manager” or the “Company”), the Manager of Hektar REIT , wishes to announce that the Company has on 28 July 2016 received a letter from the Trustee of Hektar REIT pertaining to the  change of name of AmTrustee Berhad to MTrustee Berhad (“Trustee or “MTrustee”) effective from 25 July 2016, following a change in the equity of the Trustee, wherein AMMB Holdings Berhad and its group of companies have disposed  80% of their  shareholding in the Trustee to Johari Low bin Abdullah, PL Advisory Services Sdn. Bhd., PLAS Capital Sdn. Bhd. and PLAS Equity Sdn. Bhd., each holding 20% equity stake in MTrustee.

 

This announcement is dated 1 August 2016