MRCB Quill Management Sdn Bhd (“MQM” or “the Manager”), being the manager of MRCB-Quill REIT (“MQREIT”), wishes to announce that Maybank Trustees Berhad (“MTB” or “Trustee”), acting solely in the capacity as trustee for MQREIT, had on 12 November 2020 entered into a sale and purchase agreement (“SPA”) with Deriv Services Sdn Bhd (“DSSB” or “the Purchaser”) for the Proposed Disposal of Quill Building 5 (“the Property” or “QB5”) for a cash consideration of RM45.0 million (“Proposed Disposal”).

Please refer to attachment for further details on the Proposed Disposal.