News

Proposed Change In the Control Of The Management Company (Announcement Pursuant To Paragraph 9.43(1)(A) Of The Main Market Listing Requirements Of Bursa Malaysia Securities Berhad)

Back30 Jun 2022
Type Announcement
Subject OTHERS
Description

CAPITALAND MALAYSIA TRUST (formerly known as CapitaLand Malaysia Mall Trust) ("CLMT")

- PROPOSED CHANGE IN THE CONTROL OF THE MANAGEMENT COMPANY (ANNOUNCEMENT PURSUANT TO PARAGRAPH 9.43(1)(a) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD)

The Board of Directors of CapitaLand Malaysia REIT Management Sdn. Bhd. (formerly known as CapitaLand Malaysia Mall REIT Management Sdn. Bhd.) (“CMRM”), the manager of CLMT, wishes to announce that CMRM has obtained approval from the Securities Commission Malaysia for the proposed change of shareholders/shareholdings in CMRM in which CapitaLand Investment Limited (“CLI”), currently holds 70% equity interest in CMRM, will exercise a call option (“Call Option”) to acquire the remaining 30% equity interest in CMRM from Malaysian Industrial Development Finance Bhd. Upon completion of the Call Option, CMRM will become a wholly-owned subsidiary of CLI.

 

This announcement is dated 30 June 2022.




Announcement Info

Company Name CAPITALAND MALAYSIA TRUST
Stock Name CLMT
Date Announced 30 Jun 2022
Category General Announcement for PLC
Reference Number GA1-30062022-00073