Announcement : Multiple Proposals

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	HEKTAR REAL ESTATE INVESTMENT TRUST ("HEKTAR REIT") (I) ACQUISITIONS BY AMTRUSTEE BERHAD, ON BEHALF OF HEKTAR REIT OF THE FOLLOWING PROPERTIES: - LANDMARK CENTRAL PROPERTY FOR A PURCHASE CONSIDERATION OF RM98,000,000; AND - CENTRAL SQUARE PROPERTY FOR A PURCHASE CONSIDERATION OF RM83,000,000, (COLLECTIVELY, THE "ACQUISITIONS"); (II) RENOUNCEABLE RIGHTS ISSUE OF 80,000,250 NEW UNITS IN HEKTAR REIT ("RIGHTS UNITS") ON THE BASIS OF ONE (1) RIGHTS UNIT FOR EVERY FOUR (4) EXISTING UNITS HELD IN HEKTAR REIT AT 5.00 P.M. ON 3 SEPTEMBER 2012, AT AN ISSUE PRICE OF RM1.23 PER RIGHTS UNIT ("RIGHTS ISSUE") TO PART-FUND THE ACQUISITIONS; (III) ISSUANCE OF 632,867 NEW UNITS IN HEKTAR REIT ("MANAGER'S UNITS") TO HEKTAR ASSET MANAGEMENT SDN BHD (THE "MANAGER") AMOUNTING TO RM905,000 AS PART OF THE ACQUISITION FEE DUE TO THE MANAGER ("ISSUANCE TO THE MANAGER"); AND (IV) INCREASE IN THE EXISTING APPROVED FUND SIZE OF HEKTAR REIT OF 320,001,000 UNITS TO 400,634,117 UNITS PURSUANT TO THE RIGHTS ISSUE AND ISSUANCE TO THE MANAGER. (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
We refer to the announcements dated 8 December 2011, 20 January 2012, 15 May 2012, 28 May 2012, 15 June 2012, 20 June 2012, 5 July 2012, 15 August 2012, 30 August 2012, 24 September 2012 and 1 October 2012 respectively in relation to, amongst others, the Rights Issue (collectively referred to as the "Earlier Announcements") and Rights Issue Prospectus dated 3 September 2012 ("Rights Issue Prospectus"). Unless otherwise stated, all definitions used in this announcement shall carry the same meaning as defined in the Earlier Announcements and Rights Issue Prospectus. On behalf of the Board, ECM Libra is pleased to announce that the Proposals are completed following the listing of and quotation for 80,000,250 Rights Units and 632,867 Manager's Units on the Main Market of Bursa Securities today. This announcement is dated 2 October 2012.