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 defined, the abbreviations and definitions used in the announcement dated 2 October 2025 (“Announcement”) shall apply herein.
We refer to the Announcement in relation to the Proposals.
On behalf of the Board, Hong Leong Investment Bank wishes to announce that we have today submitted to Bursa Securities an application for the listing of and quotation for the Consideration Units on the Main Market of Bursa Securities pursuant to the Proposed Acquisitions for its approval.
This announcement is dated 4 November 2025. |
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Announcement Info
| Company Name | UOA REAL ESTATE INVESTMENT TRUST |
| Stock Name | UOAREIT |
| Date Announced | 04 Nov 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04112025-00055 |