Highlights

[KIPREIT] Change In Substantial Shareholder's Shareholding - KIP DEVELOPMENT SDN BHD on 28-May-2019

Stock [KIPREIT]: KIP REAL ESTATE INVESTMENT TRUST
Announcement Date 28-May-2019

Substantial Shareholder's Particular:

Name KIP DEVELOPMENT SDN BHD

Details of Changes:

Currency -

Date of Change Type Number of Shares
24-May-2019 Disposed 16,000,000
Registered Name  Landasan Primamaju Sdn Bhd (held under M&A Nominee (Tempatan) Sdn Bhd
Nature of Interest  Deemed Interest
24-May-2019 Acquired 8,160,000
Registered Name  Kip Development Sdn Bhd (M&A Nominee (Tempatan) Sdn Bhd
Nature of Interest  Direct Interest

Nature of Interest Direct and Indirect Interest
Shares Units in KIP Real Estate Investment Trust ("KIP REIT")
Reason Direct Interest :- Declaration of dividend in specie by Landasan Primamaju Sdn Bhd to Kip Development Sdn Bhd (8,160,000 units) and Scotsville Sdn Bhd (7,840,000 units) Deemed Interest - Declaration and distribution of dividend in specie by Landasan Primamaju Sdn Bhd to Kip Development Sdn Bhd (8,160,000 units) and Scotsville Sdn Bhd (7,840,000 units)

Total no of securities after change

Direct (units) 8,160,000
Direct (%) 1.62
Indirect (units) 26,462,137
Indirect (%) 5.24
Total (units) 34,622,137
Total (%) 6.86
Date of Notice 28-May-2019


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