[YTLREIT]: YTL HOSPITALITY REIT

23-Jan-2014

EGM

11-Feb-2014 11:00

04-Feb-2014

Starhill 2, Level 4, JW Marriott Hotel Kuala Lumpur, 183 Jalan Bukit Bintang, 55100 Kuala Lumpur

YTL HOSPITALITY REIT (FORMERLY KNOWN AS STARHILL REAL ESTATE INVESTMENT TRUST) (“TRUST”) (I) PROPOSED PLACEMENT OF NEW UNITS IN YTL HOSPITALITY REIT (“PLACEMENT UNITS”), AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM800 MILLION (“PROPOSED PLACEMENT”); (II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF YTL HOSPITALITY REIT FROM 1,324,388,889 UNITS UP TO A MAXIMUM OF 2,125,000,000 UNITS (“PROPOSED INCREASE IN FUND SIZE”); AND (III) PROPOSED INCREASE IN BORROWING LIMIT TO 60% OF TOTAL ASSET VALUE (“PROPOSED INCREASE IN BORROWING LIMIT”) (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
Notice Meeting YTL Hospitality Reit.pdf

YTL HOSPITALITY REIT (FORMERLY KNOWN AS STARHILL REAL ESTATE INVESTMENT TRUST) (“TRUST”) (I) PROPOSED PLACEMENT OF NEW UNITS IN YTL HOSPITALITY REIT (“PLACEMENT UNITS”), AT A PRICE TO BE DETERMINED LATER, TO RAISE GROSS PROCEEDS OF UP TO RM800 MILLION (“PROPOSED PLACEMENT”); (II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF YTL HOSPITALITY REIT FROM 1,324,388,889 UNITS UP TO A MAXIMUM OF 2,125,000,000 UNITS (“PROPOSED INCREASE IN FUND SIZE”); AND (III) PROPOSED INCREASE IN BORROWING LIMIT TO 60% OF TOTAL ASSET VALUE (“PROPOSED INCREASE IN BORROWING LIMIT”) (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”) Unless stated otherwise, definitions used in this announcement shall carry the same meaning as defined in the announcement dated 23 January 2014 and the Notice of Meeting dated 24 January 2014 (“Notice”). The Board of Directors of Pintar Projek Sdn Bhd, the Manager for the Trust, is pleased to announce that all the resolutions as set out in the Notice have been duly passed by the unitholders at the Meeting of Unitholders held today. This announcement is dated 11 February 2014.

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