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THE MANAGER


UOA Asset Management Sdn Bhd

The Manager of UOA Real Estate Investment Trust (UOA REIT), UOA Asset Management Sdn Bhd, is subsidiary of UOA Holdings Sdn Bhd.



Our Functions, Duties & Responsibilities

We have the general powers to manage the assets of UOA REIT. Our main responsibility is to manage the assets of UOA REIT in accordance with our stated investment strategy for the benefit of the Unitholders. In particular, we are responsible for the day-to-day management of the assets held by UOA REIT and shall at our discretion make recommendations to the Trustee on the management and operation of the assets and the annual budget.

We will set the strategic direction and risk management policies of UOA REIT. We will give recommendations to the Trustee on the acquisition, divestment or enhancement of assets of UOA REIT in accordance with our stated investment strategy. We will also generally carry out the activities in relation to the assets in accordance with the provisions of the Deed.

We will also be responsible for ensuring compliance with the applicable provisions of the SC Act and all other relevant legislation, the Listing Requirements, the Guidelines on REIT and the Deed.

We are functionally independent of the Trustee and possess the skills and resources to discharge our functions in relation to UOA REIT effectively and responsibly.


Our general functions, duties and responsibilities include, but are not limited to, the following:-

  1. To manage UOA REIT’s assets and liabilities for the benefit of Unitholders;
  2. To be responsible for the day-to-day management of UOA REIT and shall at our discretion make recommendations to the Trustee on the annual budget and the management and operation of the UOA REIT;
  3. To carry out the activities in relation to the assets of such UOA REIT in accordance with the provision of the Deed;
  4. To set the strategic direction of UOA REIT and give recommendations to the Trustee on the acquisition, divestment or enhancement of assets of UOA REIT in accordance with its stated investment strategy;
  5. To carry on and conduct our business in a proper and efficient manner and to ensure that UOA REIT is carried on and conducted in a proper and efficient manner and to conduct all transactions with or for UOA REIT at arm’s length;
  6. To monitor the performance of UOA REIT’s assets;
  7. To issue annual report of UOA REIT to Unitholders within two (2) months of UOA REIT’s financial year end; and
  8. To ensure that UOA REIT is managed within the ambit of the Deed, the SC Act, the Guidelines on REIT and the relevant guidelines at all times.





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