CapitaLand Malaysia Mall Trust | Annual Report 2020
Title Particulars Title 205 parcels, each with individual strata title 1 , in the building erected on land held under master title GRN 11043, Lot 1197 Seksyen 67, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur. 2 Tenure Freehold Restrictions-in- Interest Nil Express Conditions The land must be used for commercial building only. Development on the land must comply with the development order issued by the Datuk Bandar, Kuala Lumpur. Encumbrances There is a lease of part of the land to Tenaga Nasional Berhad registered on 31 December 1993 vide presentation no. 21493/1993 for a period of 30 years commencing from 15 March 1993 to 14 March 2023. 3 Strata title bearing Geran 11043/M1/3/312 is subject to a lease of land in favour of Premier Honour Sdn. Bhd. registered on 26 March 2012 vide Presentation No. 9564/2012 for 30 years starting 31 August 2008 to 31 August 2038. Strata title bearing Geran 11043/M1/6/673 is subject to a private caveat registered in favour of Capitaland Malaysia Mall REIT Management Sdn. Bhd. (Company No. 819351-H) on 17 May 2018 vide presentation no. PDB5942/2018. Endorsements Grant of an easement for a perpetual term registered on 22 August 2001 vide presentation no. PDSC15174/2001. 4 Grant of an easement for a perpetual term registered on 22 August 2001 vide presentation no. PDSC15175/2001. 4 Strata title bearing Geran 11043/M1/3/312 is subject to an easement for a perpetual term registered on 5 November 2020 vide presentation no. PDSC32847/2020. 5 Strata title bearing Geran 11043/M1/6/673 is subject to an easement for a perpetual term registered on 5 November 2020 vide presentation no. PDSC32845/2020. 5 Strata title bearing Geran 11043/M1/B1/11 is subject to an easement for a perpetual term registered on the land on 5 November 2020 vide presentation no. PDSC32846/2020. 5 Registration of Sungei Wang Plaza Management Corporation (SWPMC) on 21 November 2008 vide presentation no. PDN1183/2008. 4 The 205 Individual Strata Titles are imposed with individual parcel rent according to Section 4C of the Strata Titles Act 1985, Gazette No. P.U (B) 380 dated 8 August 2019 starting from 1 January 2020. Other matters relating to the title Revision of quit rent from RM70,696.00 to RM81,301.00 according to Section 101 of the National Land Code starting 1 January 2006. 4 Issuance of duplicate issue document of title pursuant to Section 175 (1) (a)/(b) or Section 187B(1) (a)/(b) of the National Land Code 1965 vide presentation no. PDC3138/2018 registered on 22 November 2018. 4 Cessation of quit rent starting from 1 January 2018 according to Section 23C(1)(b)(i) of the Strata Titles Act 1985, Gazette No. P.U (B) 174/2017 dated 30 September 2017. 4 1 The strata title held under Geran 11043/M1/3/312 is subject to a lease registered in favour of Premier Honour Sdn. Bhd. on 26 March 2012 vide presentation no. 9564/2012. The said lease is for a period of 30 years starting from 31 August 2008 to 30 August 2038. 2 The total share units allocated to the 205 strata titles owned by CMMT represent approximately 62.8% of the voting rights in SWPMC. 3 This lease of part of the land to Tenaga Nasional Berhad is endorsed on the master title to Sungei Wang Plaza. 4 The endorsements are stated on the master title to Sungei Wang Plaza, which is registered in the name of SWPMC. 5 These easements relate to three easement agreements between MTrustee Berhad (“MTB”) and UDA Holdings Berhad (“UDA”) whereby UDA agreed to grant to MTB a right of way from the entrance of Basement 1 and over the ramps of Bukit Bintang Plaza to access Levels 4 and 5 of Sungei Wang Plaza and MTB in turn agreed to grant to UDA the right of way over part of Basement 2 of Sungei Wang Plaza. PROPERTY DETAILS 54 CAPITALAND MALAYSIA MALL TRUST • ANNUAL REPORT 2020
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