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 and 14 February 2011 in relation to the Proposals.
text-align: justify;" class="MsoNormal">As
stated in the announcement dated 2 September 2010, the completion of
the Proposed Acquisitions are conditional upon the fulfilment of
certain conditions precedent by 1 March 2011, which is 6 months from
the date of the Conditional SPA or such other extended period as may be
mutually agreed between CIMB Trustee Berhad, the trustee for ARREIT ("Trustee"), and Perbadanan Kemajuan Negeri Selangor ("PKNS") ("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 extend the Approval Period
for the fulfilment of the conditions precedent for a further period of
3 months commencing from 2 March 2011 until 1 June 2011.
This announcement is dated 2 March 2011.