Date: 14 February 2011

General Announcement

Submitting Merchant Bank
:
MAYBANK INVESTMENT BANK BERHAD  

Type
:

Announcement
Subject
:
OTHERS

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

(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

Attachments
:


Announcement Details/Table Section :


We refer to the announcements dated 2 September 2010, 6 September 2010 and 22 September 2010 in relation to the Proposals.

On behalf of the Board of Directors of AmanahRaya-REIT Managers Sdn Bhd ("Manager"), Maybank Investment Bank Berhad wishes to announce that the market value of Kompleks PKNS as appraised by Rahim & Co Chartered Surveyors Sdn Bhd (being the independent registered valuer appointed by the Manager, on behalf of the Fund) has been revised from RM89,000,000 to RM93,800,000.

Please refer to the attachment for further details.

This announcement is dated 14 February 2011.


ATTACHMENT

- Announcement _14 Feb 2011_ Final.pdf

Back