YTL HOSPITALITY REIT (FORMERLY KNOWN AS STARHILL REAL ESTATE INVESTMENT TRUST) (“YTL REIT”)
(I) PLACEMENT OF NEW UNITS IN YTL REIT (“PLACEMENT UNITS”), AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO
RM800 MILLION (“PLACEMENT”); AND
(II) INCREASE IN THE EXISTING APPROVED FUND SIZE OF YTL REIT FROM 1,324,388,889 UNITS UP TO A MAXIMUM OF 2,125,000,000 UNITS
(COLLECTIVELY REFERRED TO AS THE “CORPORATE EXERCISES”)
Announcement Details/Table Section :-
We refer to the announcements dated 14 June 2013, 28 June 2013, 2 January 2014, 3 January 2014, 13 January 2014, 23 January 2014, 24 January
2014, 11 February 2014, 14 May 2014 and 26 May 2014 (“Announcements”) in relation to the Corporate Exercises. Unless otherwise stated,
abbreviations used herein shall have the same meanings as those defined in the Announcements.
On behalf of the Board of Directors of the Manager, AmInvestment Bank wishes to announce that an application has been submitted to Bursa Securities
today to seek an extension of time of approximately six (6) months from 10 July 2014 until 29 December 2014 to complete the Corporate Exercises.
This announcement is dated 28 May 2014.