GENERAL MEETINGS: Notice of Meeting
| KIP REAL ESTATE INVESTMENT TRUST |
| Type of Meeting |
Extraordinary |
| Indicator |
Notice of Meeting |
| Description |
KIP REAL ESTATE INVESTMENT TRUST ("KIP REIT") - NOTICE OF UNITHOLDERS' MEETING
The Unitholders' Meeting of KIP REIT will be conducted on a virtual basis via online meeting platform.
|
| Date of Meeting |
04 Oct 2023 |
| Time |
11:45 AM |
| Venue(s) |
Broadcast Venue: 12th Floor, Menara Symphony,
No. 5, Jalan Prof. Khoo Kay Kim, Seksyen 13
46200 Petaling Jaya
Selangor Darul Ehsan
Malaysia
|
| Date of General Meeting Record of Depositors |
26 Sep 2023 |
Resolutions |
|
1. ORDINARY RESOLUTION 1
|
| Description |
PROPOSED ACQUISITION BY PACIFIC TRUSTEES BERHAD, ACTING AS THE TRUSTEE FOR AND ON BEHALF OF KIP REIT ("TRUSTEE"), OF A PIECE OF FREEHOLD LAND HELD UNDER GRN 336020, LOT NO. 109945, MUKIM OF DENGKIL, DISTRICT OF SEPANG, STATE OF SELANGOR, ON WHICH IS ERECTED A ONE AND A HALF (1 1/2)-STOREY RETAIL CENTRE COMPRISING A SINGLE STOREY COMMERCIAL CENTRE WITH A MEZZANINE FLOOR, A DRIVE-THRU FAST FOOD RESTAURANT, A REFUSE CHAMBER AND A BIN CENTRE AND ALL THE FACILITIES TO BE USED OR CAPABLE OF BEING USED TOGETHER WITH TENANCIES OF RETAIL UNITS (REFERRED TO AS "KIPMALL KOTA WARISAN") FROM CAHAYA SERIJAYA SDN BHD ("VENDOR") FOR A CASH PURCHASE CONSIDERATION OF RM80.0 MILLION ("PROPOSED ACQUISITION")
|
| Shareholder’s Action |
For Voting |
|
2. ORDINARY RESOLUTION 2
|
| Description |
PROPOSED PRIVATE PLACEMENT OF UP TO 12,269,900 NEW UNITS IN KIP REIT ("PLACEMENT UNITS"), AT AN ISSUE PRICE TO BE DETERMINED LATER, TO RAISE APPROXIMATELY RM10.0 MILLION ("PROPOSED PRIVATE PLACEMENT")
|
| Shareholder’s Action |
For Voting |
|
Please refer attachment below.
Announcement Info
| Company Name |
KIP REAL ESTATE INVESTMENT TRUST
|
| Stock Name |
KIPREIT |
| Date Announced |
04 Sep 2023 |
| Category |
General Meeting |
| Reference Number |
GMA-28082023-00014 |
| Corporate Action ID |
MY230828MEET0014 |