MULTIPLE PROPOSALS SENTRAL REIT ("SENTRAL") I. PROPOSED ACQUISITION; II. PROPOSED PLACEMENT; AND III. PROPOSED PLACEMENT TO MRCB (COLLECTIVELY, THE "PROPOSALS")

SENTRAL REIT

Type Announcement
Subject MULTIPLE PROPOSALS
Description 
SENTRAL REIT ("SENTRAL")

I.	PROPOSED ACQUISITION;

II.	PROPOSED PLACEMENT; AND

III.	PROPOSED PLACEMENT TO MRCB

(COLLECTIVELY, THE "PROPOSALS")

We refer to the announcements dated 25 July 2023, 1 August 2023 and 7 September 2023 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions for capitalised terms as set out in the Announcements shall apply herein.

On behalf of the Board, CIMB and Maybank IB wish to announce that Bursa Securities had vide its letter dated 13 October 2023, resolved to approve the listing and quotation of up to 123,720,000 Placement Units to be issued pursuant to the Proposed Placement. The approval by Bursa Securities is subject to the following conditions:

(i)    SENTRAL, CIMB and Maybank IB must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Placement;

(ii)   CIMB and Maybank IB to inform Bursa Securities upon the completion of the Proposed Placement;

(iii)   SENTRAL/CIMB/Maybank IB to furnish Bursa Securities a certified true copy of the resolution passed by the Unitholders approving the Proposed Acquisition, Proposed Placement and Proposed Placement to MRCB; and

(iv)   SENTRAL, CIMB and Maybank IB to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Placement is completed.

This announcement is dated 16 October 2023.



Announcement Info

Company Name SENTRAL REIT
Stock Name SENTRAL
Date Announced 16 Oct 2023
Category General Announcement for PLC
Reference Number GA1-16102023-00014