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CIRCULAR TO UNITHOLDERS IN RELATION TO:
(I) PROPOSED ACQUISITION BY AMANAHRAYA REAL ESTATE INVESTMENT TRUST
("AMANAHRAYA REIT") FROM KUMPULAN WANG BERSAMA OF THE FOLLOWING
PROPERTIES:
• A PIECE OF LEASEHOLD LAND HELD UNDER PM 11660, LOT 38451, BANDAR
SELAYANG, DISTRICT OF GOMBAK, SELANGOR DARUL EHSAN, ON WHICH IS ERECTED
A 6-STOREY SHOPPING COMPLEX WITH A BASEMENT LEVEL, KNOWN AS SELAYANG
MALL, FOR A PURCHASE CONSIDERATION OF RM128,000,000
TO BE SATISFIED BY CASH; AND
• A 13-STOREY STRATIFIED OFFICE BUILDING WHICH FORMS PART OF THE DANA 1
COMMERCIAL CENTRE, WHICH IS HELD UNDER THE PARENT TITLE PAJAKAN NEGERI
8024, LOT 59214, MUKIM DAMANSARA, DISTRICT OF PETALING, SELANGOR DARUL
EHSAN, KNOWN AS DANA 13, FOR A PURCHASE CONSIDERATION OF RM99,000,000
TO BE SATISFIED BY CASH;
(COLLECTIVELY REFERRED TO AS THE "PROPOSED ACQUISITIONS")
(II) PROPOSED PLACEMENT OF UP TO 159,731,544 NEW UNITS IN AMANAHRAYA
REIT TO RAISE PROCEEDS OF RM119,000,000 AT AN ISSUE PRICE TO BE
DETERMINED AT A LATER DATE TO INVESTORS TO BE IDENTIFIED FOR THE
PURPOSES OF PART FINANCING THE PROPOSED ACQUISITIONS ("PROPOSED
PLACEMENT"); AND
(III) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF
AMANAHRAYA REIT OF 431,553,191 UNITS TO UP TO 591,284,735 UNITS
PURSUANT TO THE PROPOSED PLACEMENT |
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