Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description |
CAPITALAND MALAYSIA TRUST ("CLMT") (I) PROPOSED PLACEMENT; (II) PROPOSED ALLOTMENT TO SPONSORS; AND (III) PROPOSED ALLOTMENT TO EPF, KWAP AND ASB, (COLLECTIVELY, "PROPOSALS") |
CAPITALAND MALAYSIA TRUST (“CLMT”)
(I) PROPOSED PLACEMENT OF UP TO 435,400,000 NEW UNITS IN CLMT (“UNITS”), REPRESENTING UP TO APPROXIMATELY 14.9% OF THE TOTAL NUMBER OF UNITS-IN-ISSUE, TO RAISE GROSS CASH PROCEEDS OF UP TO RM250.0 MILLION AT AN ISSUE PRICE TO BE DETERMINED LATER BY WAY OF BOOKBUILDING (THE “PROPOSED PLACEMENT”);
(II) AS PART OF THE PROPOSED PLACEMENT, THE PROPOSED ALLOTMENT OF NEW UNITS TO CMMT INVESTMENT LIMITED (“CIL”) AND MENANG INVESTMENT LIMITED (“MIL”) BASED ON THEIR UNITHOLDINGS IN CLMT (THE “PROPOSED ALLOTMENT TO SPONSORS”); AND
(III) AS PART OF THE PROPOSED PLACEMENT, THE PROPOSED ALLOTMENT OF NEW UNITS TO EMPLOYEES PROVIDENT FUND BOARD (“EPF”), KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (“KWAP”) AND AMANAH SAHAM BUMIPUTERA (“ASB”),
(COLLECTIVELY, “PROPOSALS”)
On behalf of the Board of Directors of CapitaLand Malaysia REIT Management Sdn Bhd, the management company of CLMT (“Manager”), CIMB Investment Bank Berhad wishes to announce that the Manager proposes to undertake a placement of up to 435,400,000 new Units, representing up to approximately 14.9% of the total number of Units-in-issue of 2,921,439,483 Units as at 20 May 2025, being the latest practicable date prior to this announcement.
As part of the Proposed Placement, it is also proposed to allot new Units to CLMT’s sponsors, CIL and MIL, as well as to EPF, KWAP and ASB, pursuant to paragraph 6.06(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Please refer to the attachment for further details on the Proposals.
This announcement is dated 3 June 2025.
Please refer attachment below.
Company Name | CAPITALAND MALAYSIA TRUST |
Stock Name | CLMT |
Date Announced | 03 Jun 2025 |
Category | General Announcement for PLC |
Reference Number | GA1-26052025-00071 |
Attachments