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NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING KIP REAL ESTATE INVESTMENT TRUST ("KIP REIT" OR "FUND") PRIVATE PLACEMENT OF UP TO 20% OF THE NUMBER OF ISSUED UNITS

KIP REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
KIP REAL ESTATE INVESTMENT TRUST ("KIP REIT" OR "FUND") 

PRIVATE PLACEMENT OF UP TO 20% OF THE NUMBER OF ISSUED UNITS

Reference is made to the announcement dated 11 August 2022 in relation to the application for extension of time to complete the Private Placement.

 

On behalf of the Board of Directors of KIP REIT Management Sdn Bhd, M&A Securities Sdn Bhd wishes to announce that Bursa Malaysia Securities Berhad had vide its letter dated 15 August 2022 had granted KIP REIT a further extension of time of 6 months until 25 February 2023 to implement the Private Placement subject to KIP REIT procuring the renewal of unitholders' mandate for the Private Placement at the forthcoming annual general meeting.

 

 

This announcement is dated 15 August 2022.






Announcement Info

Company Name KIP REAL ESTATE INVESTMENT TRUST
Stock Name KIPREIT
Date Announced 15 Aug 2022
Category General Announcement for PLC
Reference Number GA1-15082022-00072




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