Units in KIP Real Estate Investment Trust ("KIP REIT")
Reason
Declaration and distribution of dividend in specie by Scotsville Sdn Bhd (7,840,000 units) to:-
1) Dato' Chew Lak Seong (2,744,000 units)
2) Datin Teoh Siew Chin (1,176,000 units)
Declaration and distribution of dividend in specie of 8,160,000 units by Kip Development Sdn Bhd to Forum Technics Sdn Bhd.