(Constituted in the Republic of Singapore pursuant to a trust deed dated 12 July 2007 (as amended))
AMENDMENT TO THE TRUST DEED
Parkway Trust Management Limited, as manager of Parkway Life Real Estate Investment Trust ("Parkway Life REIT", and the manager of Parkway Life REIT, the "Manager"), has on 21 April 2025 announced the results of the annual general meeting of unitholders of Parkway Life REIT ("Unitholders"), which was held on the same day, including the passing of the extraordinary resolution in respect of the proposed trust deed amendment to amend the definition of "Distribution Date" in the manner set out in the Annex of the Circular to Unitholders dated 28 March 2025 (the "Proposed Trust Deed Amendment").
The Manager wishes to announce that a seventh supplemental deed (the "Seventh Supplemental Deed") has been entered into on 25 April 2025 between the Manager and HSBC Institutional Trust Services (Singapore) Limited, in its capacity as trustee of Parkway Life REIT, to amend the trust deed constituting Parkway Life REIT dated 12 July 2007 (as amended) (the "Trust Deed") in accordance with the Proposed Trust Deed Amendment.
The Trust Deed (including the Seventh Supplemental Deed) will be available for inspection during normal business hours at the registered office of the Manager1 for so long as Parkway Life REIT is in existence.
BY ORDER OF THE BOARD Parkway Trust Management Limited (Company Registration no. 200706697Z)
As manager of Parkway Life Real Estate Investment Trust
Chan Wan Mei
Company Secretary 25 April 2025
1 Prior appointment with the Manager will be appreciated.
Important Notice
This Announcement is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for units in Parkway Life Real Estate Investment Trust ("Parkway Life REIT" and the units in Parkway Life REIT, the "Units").
The value of the Units and the income from them may fall as well as rise. The Units are not obligations of, deposits in, or guaranteed by, Parkway Trust Management Limited, as manager of Parkway Life REIT (the "Manager") or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested.
Investors have no right to request the Manager to redeem their Units while the Units are listed. It is intended that unitholders of Parkway Life REIT may only deal in their Units through trading on Singapore Exchange Securities Trading Limited (the "SGX-ST"). Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units.
The past performance of Parkway Life REIT or the Manager is not necessarily indicative of the future performance of Parkway Life REIT or the Manager.
This announcement may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in these forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition, shifts in expected levels of property rental income, changes in operating expenses, property expenses, governmental and public policy changes and the continued availability of financing in the amounts and on the terms necessary to support Parkway Life REIT's future business. Investors are cautioned not to place undue reliance on these forward-looking statements, which are based on the Manager's current view of future events.