MULTIPLE PROPOSALS UOA REAL ESTATE INVESTMENT TRUST ("UOA REIT") (I) PROPOSED ACQUISITIONS OF THREE (3) COMMERCIAL PROPERTIES BY RHB TRUSTEES BERHAD, BEING THE TRUSTEE OF UOA REIT ("TRUSTEE"), FROM EVERISE PROJECT SDN. BHD. ("VENDOR" OR "EVERISE PROJECT"), A 60% SUBSIDIARY OF UOA DEVELOPMENT BHD ("UOA DEVELOPMENT"), FOR A TOTAL PURCHASE CONSIDERATION OF RM200,000,000; AND (II) PROPOSED ESTABLISHMENT OF AN INCOME DISTRIBUTION REINVESTMENT PLAN
| UOA REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | UOA REAL ESTATE INVESTMENT TRUST ("UOA REIT")
(I) PROPOSED ACQUISITIONS OF THREE (3) COMMERCIAL PROPERTIES BY RHB TRUSTEES BERHAD, BEING THE TRUSTEE OF UOA REIT ("TRUSTEE"), FROM EVERISE PROJECT SDN. BHD. ("VENDOR" OR "EVERISE PROJECT"), A 60% SUBSIDIARY OF UOA DEVELOPMENT BHD ("UOA DEVELOPMENT"), FOR A TOTAL PURCHASE CONSIDERATION OF RM200,000,000; AND
(II) PROPOSED ESTABLISHMENT OF AN INCOME DISTRIBUTION REINVESTMENT PLAN |
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(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in UOA REIT’s announcements dated 2 October 2025 and 4 November 2025 in relation to the Proposals (“Announcements”))
Reference is made to the Announcements.
On behalf of the Board, HLIB wish to announce that Bursa Securities, vide its letter dated 5 December 2025, approved the listing of and quotation for up to 107,831,325 Consideration Units to be issued pursuant to the Proposed Acquisitions on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”), subject to the following conditions:
This announcement is dated 5 December 2025. |
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Announcement Info
| Company Name | UOA REAL ESTATE INVESTMENT TRUST |
| Stock Name | UOAREIT |
| Date Announced | 05 Dec 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-05122025-00075 |