KUALA LUMPUR Feb 6 Malaysia's Sunway Real
Estate Investment Trust (REIT), the country's largest REIT in
asset size, said on Wednesday it will issue new units to raise
320 million ringgit to repay debt tied to a recent acquisition.
Sunway REIT will issue 214.8 million new units at 1.49
ringgit per unit for its acquisition of Sunway Medical Center,
its first healthcare asset. The move comes after shares of the
company were suspended for the past two days pending the
announcement. Trading will resume at 1000 a.m. (0200 GMT) on
RHB Investment Bank, Credit Suisse (Singapore)
Ltd, Credit Suisse (Securities) Malaysia Sdn Bhd, The Hongkong
and Shanghai Banking Corp Ltd and Maybank Investment
Bank Bhd were agents for the placement.
(Reporting By Al-Zaquan Amer Hamzah)