Public Unitholding Spread
Published : 04 Dec 2008
Announced : 04 Dec 2008
Reference is made to the announcement dated 18 November 2008.
Hektar Asset Management Sdn Bhd ("Hektar AM") wishes to notify that Hektar REIT has yet to meet its public unitholding spread requirement pursuant to paragraph 8.15(1) of the Bursa Malaysia Securities Berhad's Listing Requirements. Hektar REIT's public unitholding spread as at 28 November 2008 was 21.80% in the hands of 634 public unitholders holding not less than 100 units each.
At the same time, Hektar AM also wishes to inform that Bursa Malaysia Securities Berhad had on 2 December 2008 granted Hektar AM an extension of six (6) months until 31 May 2009 for Hektar REIT to comply with the public unitholding spread requirement.
Hektar AM will continue its active promotion of Hektar REIT to the public via its various activities - investment roadshows, conferences, presentations to analysts and investors and press-related activities.