The public shareholding spread of AmanahRaya REIT as at 15 April 2008 was as follows:-
1. |
Percentage (%) of public shareholdings |
24.17% |
2. |
Number of Public Shareholders holding not less than 100 shares |
1,174 |
ARJMF as the Manager of AmanahRaya REIT proposes to take the following
steps to comply with the required public shareholding spread:-
Steps to be taken |
Tentative Timeline |
Status |
Advise its substantial shareholders to sell down some of their units |
29 February 2008 to 30 June 2008 |
Ongoing |
Encourage prospective investors to take up units in AmanahRaya REIT |
29 February 2008 to 30 June 2008 |
Ongoing |
Encourage direct contact with
potential investors and unitholders to promote and create better
awareness and understanding of AmanahRaya REIT |
29 February 2008 to 30 June 2008 |
Ongoing |
Bursa Malaysia had on 10 March 2008 approved the application for
extension of six (6) months from 25 February 2008 until 24 August 2008
for AmanahRaya REIT to comply with the public shareholding spread
requirement.