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Announcements

 

New issue of securities (Chapter 6 of Listing Requirements) : Fund Raising

Published : 22 Aug 2017
Announced : 22 Aug 2017

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description RENOUNCEABLE RIGHTS ISSUE OF 60,966,061 NEW UNITS IN HEKTAR REIT ("UNITS") ("RIGHTS UNITS") AT AN ISSUE PRICE OF RM1.11 PER RIGHTS UNIT ON THE BASIS OF 7 RIGHTS UNITS FOR EVERY 46 EXISTING UNITS HELD AT 5.00 P.M. ON 31 JULY 2017 ("RIGHTS ISSUE")

(Reference is made to Hektar REIT’s announcements dated 10 June 2016, 5 September 2016, 9 January 2017, 14 February 2017, 20 February 2017, 13 April 2017, 22 May 2017, 13 June 2017, 7 July 2017 and 14 July 2017 as well as the prospectus dated 31 July 2017 in relation to the Rights Issue (“Rights Issue Prospectus”). Unless otherwise stated, all abbreviations used herein shall have the same meanings as those used in the Rights Issue Prospectus)

On behalf of the Board, Maybank IB wishes to announce that as at the close of the acceptance, application and payment for the Rights Issue at 5.00 p.m. on 15 August 2017, the Manager had received valid acceptances and excess applications for 69,087,149 Rights Units, representing an oversubscription of 8,121,088 Rights Units or approximately 13.32% over the total number of 60,966,061 Rights Units available for subscription under the Rights Issue.

Please refer to the attachment for further details.

This Announcement is dated 22 August 2017.

Attachment : Adobe PDF fileannouncement--final-acceptances--.pdf