Important Relevant Dates for Renounceable Rights
| TOWER REAL ESTATE INVESTMENT TRUST |
| Entitlement subject | Important Relevant Dates for Renounceable Rights |
| Description | Renounceable rights issue of 210,375,000 new units in Tower Real Estate Investment Trust ("Tower REIT") ("Rights Unit(s)") on the basis of 3 Rights Units for every 4 existing units in Tower REIT held as at 5.00 p.m. on Tuesday, 30 April 2024 at an issue price of RM0.31 per Rights Unit ("Rights Issue") |
| Despatch Date | 03 May 2024 |
| Date for commencement of trading of rights | 02 May 2024 |
| Date for cessation of trading of rights | 09 May 2024 |
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities | 21 May 2024 |
| Last date and time for : | |
| Sale of provisional allotment of rights | 08 May 2024 05:00 PM |
| Transfer of provisional allotment of rights | 10 May 2024 04:30 PM |
| Acceptance and Payment | 16 May 2024 05:00 PM |
| Excess share application and payment | 16 May 2024 05:00 PM |
| Available/Listing Date | 28 May 2024 |
| Rights Securities will be listed and quoted as the existing securities of the same class | Yes |
| Other important dates as the listed issuer may deem appropriate | |
| Entitlement Details | |
| Company Name | TOWER REAL ESTATE INVESTMENT TRUST |
| Entitlement | Ordinary Rights |
| Ratio (New : Existing) | 3.0000 : 4.0000 |
| Rights Issue / Offer Price | Malaysian Ringgit (MYR) 0.3100 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
HONG LEONG SHARE REGISTRATION SERVICES SDN BHD Level 25, Menara Hong Leong No. 6, Jalan Damanlela Bukit Damansara 50490 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:03-20888818 Fax:03-20888990 |
| Remarks : |
The Rights Units shall be provisionally allotted to the unitholders whose names appear in the Record of Depositors of Tower REIT as at 5.00 p.m. on 30 April 2024 ("Entitlement Date") ("Entitled Unitholders"), subject to the terms and conditions as set out in the abridged prospectus, notice of provisional allotment and rights subscription form to be issued in relation to the Rights Issue (collectively referred to as the "Documents").
The Documents shall be despatched to Entitled Unitholders whose names appear in the Record of Depositors as at 5.00 p.m. on the Entitlement Date.
The Documents will only be despatched to foreign-addressed unitholders who have provided the Registrar with a registered address in Malaysia by the Entitlement Date.
The Documents are not intended to be (and will not be) issued, circulated or distributed in any country or jurisdiction other than Malaysia and no action has been or will be taken to ensure that either the Rights Issue or the Documents comply with the laws related to public offerings of any country or jurisdiction where action for such purpose is required, other than the laws of Malaysia.
This Announcement is dated 15 April 2024. |
Announcement Info
| Company Name | TOWER REAL ESTATE INVESTMENT TRUST |
| Stock Name | TWRREIT |
| Date Announced | 15 Apr 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-08042024-00005 |
| Corporate Action ID | MY240408EXRI0001 |