Additional Listing Announcement /Subdivision of Shares
| IGB REAL ESTATE INVESTMENT TRUST |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Others |
| Details of corporate proposal | Please refer to remarks |
| No. of shares issued under this corporate proposal | 3,825,893 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 1.7500 |
| Par Value($$) (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 3,609,228,829 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 0.000 |
| Listing Date | 24 Apr 2024 |
| Remarks : |
The Manager's fee for the first quarter of 2024 ("1QFY2024") was RM10,300,480.72. The Manager had elected to receive its fees, 35% in the form of cash and 65% in the form of new units. With the 65% fee in the form of new units, the Manager to receive 3,825,893 new units (based on the volume weighted average market price of the units for last 5 market days i.e. 8 April 2024 to 16 April 2024 preceding the announcement of the 1QFY2024 Results) and hold 209,228,829 units or 5.80% immediately after such issue. |
Announcement Info
| Company Name | IGB REAL ESTATE INVESTMENT TRUST |
| Stock Name | IGBREIT |
| Date Announced | 23 Apr 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-22042024-00005 |