Maybank Asset Management, Malaysia - Amanah Hartanah Bumiputera (AHB) - 6th Asset Injection

Maybank Asset Management, as the Fund Manager of Amanah Hartanah Bumiputera (“AHB” or “the Fund”), wishes to announce that on 19 July 2016, Pelaburan Hartanah Berhad (“PHB”), as the Sponsor of the Fund, has entered into an agreement to sell the beneficial interest in Quill 18 (“Asset”) to AmanahRaya Trustees Berhad (“ART”), as the Trustee of the Fund, for a consideration of RM400 million payable via issuance of new AHB units. Pursuant to the Lease Agreement dated 19 July 2016 entered into between PHB and ART, ART leases the Asset to PHB at a lease rental of RM20 million per annum for a 10-year lease term commencing from 1 August 2016.

Quill 18 consists of two (2) blocks of 10-storey office buildings identified as Block A and Block B, one (1) block of 10-storey multi-level car park building interconnected by one (1) level basement car park identified as Block C. It is located at Lot 12062, Jalan Teknokrat 3, 63000 Cyberjaya, Selangor.
 

This announcement is dated 2 August 2016.

For more information, kindly contact our Client Servicing Team at +603 2297 7888 or email mamcs@maybank.com.my