SUNREIT - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
Stock Name | SUNREIT |
Date Announced | 25 Sept 2013 |
Category | General Announcement |
Reference No | SR-130925-55611 |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNREIT”) - SECOND CAR PARK TENANCY AGREEMENTS BETWEEN RHB TRUSTEES BERHAD (FORMERLY KNOWN AS OSK TRUSTEES BERHAD) (AS TRUSTEE FOR SUNREIT) AND SUNWAY LEISURE SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SUNWAY BERHAD |
1. INTRODUCTION RHB Trustees Berhad (formerly known as OSK Trustees Berhad) (as Trustee for SUNREIT) (“the Trustee”) and Sunway Leisure Sdn Bhd (“SLSB”), a wholly-owned subsidiary of Sunway City Sdn Bhd (“SunCity”) which in turn is a wholly-owned subsidiary of Sunway Berhad (“Sunway”) had on 8 July 2010, entered into the First Car Park Tenancy Agreements in relation to the following properties for a term of three (3) years (“First CPTAs”):- (i) Sunway Tower; (ii) Menara Sunway; (iii) Sunway Pyramid Shopping Mall; (iv) Sunway Carnival Shopping Mall; (v) Sunway Resort Hotel & Spa; (vi) Pyramid Tower Hotel; and (vii) Sunway Hotel Seberang Jaya. (collectively “the Properties”) The Trustee and SLSB has on 25 September 2013, entered into the Second Car Park Tenancy Agreements (“Second CPTAs”) in relation to the Properties for another term of three (3) years commencing from 8 July 2013. Pursuant to the Second CPTAs, the parties have agreed to renew the tenancy of the Properties on the same terms and conditions as the First CPTAs, save and except for the following amendments:- (a) The number of car park bays and car park rates are updated for each of the Properties. (b) The payment of fire and public liability insurances on the Properties by SLSB. (c) All such reasonable charges relating to the maintenance and repair carried out by SLSB would be settled by the Trustee within fourteen (14) Business Days of the written notice instead of 14 days. 3. INFORMATION ON SUNWAY, SUNCITY, SLSB, THE TRUSTEE AND SUNREIT 3.1 Sunway Sunway is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of Sunway are RM10,000,000,000/- and RM1,723,489,001/- respectively. The principal activities of Sunway are investment holding and provision of management services. 3.2 SunCity SunCity is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of SunCity are RM3,500,000,000/- and RM251,354.14 respectively. The principal activity of SunCity is investment holding. 3.3 SLSB
3.4 The Trustee The Trustee is a company incorporated in Malaysia and having its registered office at Level 10, Tower One, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur. It is registered as a trust company under the Trust Companies Act, 1949. The principal activity of the Trustee is providing professional retail and corporate trustee services.
3.5 SUNREIT SUNREIT was established pursuant to a Deed dated 20 May 2010 (as amended by a Supplementary Deed dated 10 June 2010) entered into between Sunway REIT Management Sdn Bhd (as Manager for SUNREIT) (“the Manager”) and the Trustee. The principal investment policy of SUNREIT is to invest in commercial, office, industrial and other real estate assets. The Manager, a subsidiary of Sunway, is a company incorporated in Malaysia and having its registered office at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan. The authorised and paid-up share capital of the Manager are RM1,000,000/- respectively. The principal activity of the Manager is managing and administering a real estate investment fund. SLSB is the current carpark operator for the Properties and their past performance has been satisfactory. The rental computation formula remained unchanged for the renewal.
5.2 On Net Asset Value (“NAV”) The Second CPTAs will have no material impact or changes to the unaudited NAV of SUNREIT at the time of completion. 5.3 On Earnings The Second CPTAs are not expected to have any material effect on the earnings of SUNREIT for the financial year ending 30 June 2014. 6. APPROVALS REQUIRED Pursuant to the REIT Guidelines, the Second CPTAs do not require approval from the Securities Commission or the unitholders of SUNREIT. Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling and Dato’ Ngeow Voon Yean are Directors of the Manager. Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling is also a Director of Sunway. Dato’ Ngeow Voon Yean is also a Director of SLSB and has direct and indirect interests in Sunway. He also has deemed interest in Sunway REIT. Tan Sri Dato’ Seri Dr Jeffrey Cheah Fook Ling, Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng, Sarena Cheah Yean Tih, Evan Cheah Yean Shin, Sungei Way Corporation Sdn Bhd and Active Equity Sdn Bhd are major shareholders of Sunway and major unitholders of Sunway REIT. Sarena Cheah Yean Tih is also a Director of the Company. Accordingly, Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, Dato’ Ngeow Voon Yean and Sarena Cheah Yean Tih have abstained from deliberation and voting in the Board of the Manager in respect of the Second CPTAs. Save as disclosed above, none of the other directors of the Manager or substantial unitholders of SUNREIT or persons connected with them has any interest, direct or indirect, in the Second CPTAs. The Audit Committee of the Manager after having considered all aspects of the Second CPTAs (which is a renewal of the First CPTAs), is of the opinion that the Second CPTAs are in the best interests of SUNREIT and are not detrimental to the interests of the non-interested unitholders of SUNREIT. The Audit Committee of the Manager is of the view that the Second CPTAs is fair, reasonable and on normal commercial terms. Save and except for Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling, Dato’ Ngeow Voon Yean and Sarena Cheah Yean Tih, the Board of Directors of the Manager is of the opinion that the Second CPTAs are in the best interests of SUNREIT. The Second CPTAs are available for inspection by unitholders of SUNREIT at the registered office of the Manager at Level 16, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan during normal business hours (9.00 a.m. to 6.00 p.m.) from Monday to Friday (except public holidays) for a period of 14 days from the date of this announcement. This announcement is dated 25 September 2013. |
SUNREIT - GENERAL MEETINGS: OUTCOME OF MEETING
Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
Stock Name | SUNREIT |
Date Announced | 25 Sept 2013 |
Category | General Meetings |
Reference No | SR-130925-55610 |
Type of Meeting | AGM |
Indicator | Outcome of Meeting |
Date of Meeting | 25/09/2013 |
Time | 03:30 PM |
Venue | Grand Caymans, Level 10, Sunway Resort Hotel & Spa, Persiaran Lagoon, Bandar Sunway, 46150 Petaling Jaya, Selangor Darul Ehsan |
Outcome of Meeting | We refer to the announcement dated 27 August 2013 in relation to the Notice of the First Annual General Meeting ("Notice"). The Ordinary Resolution as set out in the Notice was voted on a poll and was carried based on the following results from the Unit Registrar, Sunway Management Sdn Bhd and Independent Scrutineer, Equiniti Services Sdn Bhd :- This announcement is dated 25 September 2013. |
CMMT - Changes in Sub. S-hldr's Int. (29B) - AMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA
Company Name | CAPITAMALLS MALAYSIA TRUST |
Stock Name | CMMT |
Date Announced | 25 Sept 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | CG-130925-359DD |
Particulars of substantial Securities Holder
Name | AMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA |
Address | Tingkat 4, Balai PNB 201-A Jalan Tun Razak 50400 Kuala Lumpur |
NRIC/Passport No/Company No. | 766894-T |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Units in CapitaMalls Malaysia Trust |
Name & address of registered holder | AMANAHRAYA TRUSTEES BERHAD- SKIM AMANAH SAHAM BUMIPUTERA Tingkat 4, Balai PNB 201-A Jalan Tun Razak 50400 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Acquired | 20/09/2013 | 500,000 |
Remarks : |
CapitaMalls Malaysia REIT Management Sdn. Bhd., manager of CapitaMalls Malaysia Trust has received the Form 29B from AmanahRaya Trustees Berhad-Skim Amanah Saham Bumiputera on 25 September 2013. |
SBCCORP - GENERAL MEETINGS: OUTCOME OF MEETING
Company Name | SBC CORPORATION BERHAD |
Stock Name | SBCCORP |
Date Announced | 25 Sept 2013 |
Category | General Meetings |
Reference No | CC-130828-85E78 |
Type of Meeting | AGM | |
Indicator | Outcome of Meeting | |
Date of Meeting | 25/09/2013 | |
Time | 11:00 AM | |
Venue | SBC Sales Gallery, Lot PT 9076, Jalan 4/18A, Off Jalan Ipoh, Batu 5 1/2, Taman Mastiara, 51200 Kuala Lumpur | |
Outcome of Meeting | The Board of Directors of SBC Corporation Berhad ("SBC") wishes to announce that at the Twenty-third Annual General Meeting of SBC duly convened and held this morning, all the resolutions as set out in the Notice of Annual General Meeting dated 3rd September, 2013 were duly passed by the members present. |
SBCCORP - GENERAL MEETINGS: OUTCOME OF MEETING
Company Name | SBC CORPORATION BERHAD |
Stock Name | SBCCORP |
Date Announced | 25 Sept 2013 |
Category | General Meetings |
Reference No | MI-130925-55898 |
Type of Meeting | EGM |
Indicator | Outcome of Meeting |
Date of Meeting | 25/09/2013 |
Time | 11:30 AM |
Venue | SBC Sales Gallery, Lot PT 9076, Jalan 4/18A, Off Jalan Ipoh, Batu 5 , Taman Mastiara, 51200 Kuala Lumpur |
Outcome of Meeting | On behalf of the Board of Directors of SBC Corporation Berhad (“SBC”), RHB Investment Bank Berhad wishes to announce that the shareholders of SBC have, at the Extraordinary General Meeting (“EGM”) held today, approved all the resolutions as set out in the Notice of EGM dated 3 September 2013. This announcement is dated 25 September 2013. |
CSL - Notice of Shares Buy Back - Immediate Announcement
Company Name | CHINA STATIONERY LIMITED |
Stock Name | CSL |
Date Announced | 25 Sept 2013 |
Category | Notice of Shares Buy Back - Immediate Announcement |
Reference No | CK-130925-D555D |
IGBREIT - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD
Company Name | IGB REAL ESTATE INVESTMENT TRUST |
Stock Name | IGBREIT |
Date Announced | 25 Sept 2013 |
Category | General Announcement |
Reference No | IR-130925-EBF19 |
Type | Announcement | ||||||||||||||||||||
Subject | DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS OUTSIDE CLOSED PERIOD | ||||||||||||||||||||
Description | Pursuant to paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Mr Daniel Yong Chen-I, the Executive Director of IGB REIT Management Sdn Bhd [the Manager of IGB Real Estate Investment Trust ("IGB REIT"], has notified on the change of his interest in IGB REIT, the details are set out in Table Section. | ||||||||||||||||||||
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IGBREIT - Changes in Director's Interest (S135) - Daniel Yong Chen-I
Company Name | IGB REAL ESTATE INVESTMENT TRUST |
Stock Name | IGBREIT |
Date Announced | 25 Sept 2013 |
Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
Reference No | IR-130925-EBF0B |
Information Compiled By KLSE
Particulars of Director
Name | Daniel Yong Chen-I |
Address | Lot 2338, Taman Hillview 68000 Ampang Selangor Darul Ehsan |
Descriptions(Class & nominal value) | Units in IGB Real Estate Investment Trust ("IGB REIT") |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 50,000 | 1.280 |
Circumstances by reason of which change has occurred | |
Nature of interest | |
Consideration (if any) |
Total no of securities after change | |
Direct (units) | 627,132 |
Direct (%) | 0.02 |
Indirect/deemed interest (units) | |
Indirect/deemed interest (%) | |
Date of notice | 23/09/2013 |
KPJ - Changes in Sub. S-hldr's Int. (29B) - Lembaga Tabung Haji
Company Name | KPJ HEALTHCARE BERHAD |
Stock Name | KPJ |
Date Announced | 25 Sept 2013 |
Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
Reference No | JC-130925-C9DD7 |
Particulars of substantial Securities Holder
Name | Lembaga Tabung Haji |
Address | 201, Jalan Tun Razak, Peti Surat 11025, 50732 Kuala Lumpur |
NRIC/Passport No/Company No. | ACT 5351995 |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class & nominal value) | Ordinary Shares of RM0.50 each |
Name & address of registered holder | CIMB-Principal Asset Management Berhad Level 5, Menara Milenium, 8 Jalan Damanlela, Bukit Damansara, 50490 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction | Date of change | No of securities | Price Transacted (RM) |
Disposed | 23/09/2013 | 212,800 |
Remarks : |
The notice dated 24 September 2013 was received on 25 September 2013 via fax |
BPURI - OTHERS Construction and completion of super-structure works for “Cadangan Membina Sebuah Kompleks Perniagaan 13 Tingkat di atas Lot PT no. 5036, Seksyen 1, Pusat Bandar Melawati, Bandar Ulu Kelang, Mukim Setapak, Daerah Gombak, Selangor Darul Ehsan”
Company Name | BINA PURI HOLDINGS BHD |
Stock Name | BPURI |
Date Announced | 25 Sept 2013 |
Category | General Announcement |
Reference No | BP-130925-52548 |
Type | Announcement |
Subject | OTHERS |
Description | Construction and completion of super-structure works for “Cadangan Membina Sebuah Kompleks Perniagaan 13 Tingkat di atas Lot PT no. 5036, Seksyen 1, Pusat Bandar Melawati, Bandar Ulu Kelang, Mukim Setapak, Daerah Gombak, Selangor Darul Ehsan” |
The Board is pleased to announce that Bina Puri Holdings Bhd. has accepted the Letter of Award from Sime Darby CapitaMalls Asia (Melawati Mall) Sdn. Bhd. (formerly known as Prized Corridor Sdn. Bhd.) on 24 September 2013 to undertake the construction and completion of super-structure works for the project known as “Cadangan Membina Sebuah Kompleks Perniagaan 13 Tingkat Yang Mengandungi: - 8 Tingkat Ruang Perniagaan Di Aras Bawah Hingga Aras 7; dan - 5 Tingkat Tempat Letak Kereta Di Besmen 1 Dan 2, Aras 8 Hingga 10 di atas Lot PT 5036, Seksyen 1, Pusat Bandar Melawati, Bandar Ulu Kelang, Mukim Setapak, Daerah Gombak, Selangor Darul Ehsan untuk Messrs Prized Corridor Sdn. Bhd. for contract sum of RM441,008,000.00. The contract period shall be 24 months. With the latest award, the Group has thus far secured RM775.27 million projects in 2013 and we are confident to add to our existing book order before the year end. The Group’s current unbuilt book order stands at RM1.91 billion as at to date. The contract is expected to contribute positively to the earnings of Bina Puri Group for the financial year ending 31 December 2013. Please note that no directors, major shareholders and/or persons connected with them have any interests, direct or indirect, in the above transaction. |
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