News| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description |
CAPITALAND MALAYSIA TRUST ("CLMT") (I) PROPOSED ACQUISITION; (II) PROPOSED PLACEMENT; (III) PROPOSED PLACEMENT TO THE SPONSORS; AND (IV) PROPOSED PLACEMENT TO THE MAJOR UNITHOLDERS, (COLLECTIVELY, THE "PROPOSALS") |
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We refer to the announcements dated 9 November 2022 and 23 November 2022 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board of the Manager, CIMB wishes to announce that after taking into consideration the progress of the bank borrowings to part finance the Proposed Acquisition, the effects of (and assumptions used for) the funding for the Proposed Acquisition shall now include an additional parameter whereby it is assumed that at least 30% of the total purchase consideration of the QBM Property, is to be satisfied via cash proceeds to be raised from the Proposed Placement and the remainder is to be satisfied via bank borrowings. The remaining terms of the Proposals remain unchanged. Please refer to the attachment for further details on the effects of the Proposals.
This announcement is dated 21 December 2022. |
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Please refer attachment below.
| Company Name | CAPITALAND MALAYSIA TRUST |
| Stock Name | CLMT |
| Date Announced | 21 Dec 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-19122022-00123 |
Attachments
