Date: 31 May 2011

General Announcement

Submitting Merchant Bank
:
 MAYBANK INVESTMENT BANK BERHAD  

Type
:

 Announcement
Subject
:
OTHERS

Description
:
AMANAHRAYA REAL ESTATE INVESTMENT TRUST ("ARREIT")

(I) PROPOSED ACQUISITIONS BY CIMB TRUSTEE BERHAD, ON BEHALF OF ARREIT, OF 3 PARCELS OF LEASEHOLD LAND LOCATED IN DISTRICT OF PETALING, SELANGOR DARUL EHSAN TOGETHER WITH THE BUILDINGS ERECTED THEREON; AND

(II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF ARREIT

Announcement Details/Table Section :


(Unless otherwise stated, the definitions used in this announcement shall carry the same meanings as defined in the announcement dated 2 September 2010)

We refer to the announcements dated 2 September 2010, 6 September 2010, 22 September 2010, 14 February 2011 and 1 March 2011 in relation to the Proposals.

As stated in the announcement dated 1 March 2011, the period for fulfilment of the conditions precedent to the Conditional SPA was extended for a further period of 3 months, which commenced from 2 March 2011 until 1 June 2011 ("Approval Period").

On behalf of the Board of Directors of AmanahRaya-REIT Managers Sdn Bhd, Maybank Investment Bank Berhad wishes to announce that the Trustee and PKNS have mutually agreed to further extend the Approval Period for the fulfilment of the conditions precedent for a further period of 6 months until 1 December 2011.


This announcement is dated 31 May 2011.


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