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Multiple Proposals

BackFeb 02, 2023
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")

We refer to the announcements dated 9 November 2022, 23 November 2022, 21 December 2022 and 4 January 2023 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 Bursa Securities had vide its letter dated 31 January 2023, resolved to approve the listing of and quotation for up to 1,031,770,000 new units in CLMT (“Placement Units”) to be issued pursuant to the Proposed Placement. The approval by Bursa Securities is subject to the following conditions: -

  1. Confirmation by CIMB on the compliance of at least 25% of the public unitholding spread of requirements pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities (“MMLR”) upon the listing and quotation of the Placement Units;
  2. CLMT and CIMB must fully comply with the relevant provisions under MMLR pertaining to the implementation of the Proposed Placement;
  3. CIMB to furnish Bursa Securities with the certified true copy of the resolutions passed by the unitholders at general meeting approving the Proposed Placement;
  4. CIMB to inform Bursa Securities upon the completion of the Proposed Placement; and
  5. CIMB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Placement is completed.

This announcement is dated 2 February 2023.


Announcement Info

Company Name CAPITALAND MALAYSIA TRUST
Stock Name CLMT
Date Announced 02 Feb 2023
Category General Announcement for PLC
Reference Number GA1-01022023-00016