- The properties to be invested by the Trust have to be any developed projects which are completed and present an outstanding operating outcome (an occupation rate should not be less than 85 percent)
- Average Rental Rate (ARR) should not less than (1) the ARR of total assets of Trust, and (2) ARR in last 5 years of Trust or as ever showed in the track record
- Lease space should not be less than 60,000 sq.m. or the total assets of the project should be not less than 2,500 MB.
Furthermore, the Trust may exercise its right of first refusal in order to invest in assets owned by Amata Summit, and/or its subsidiaries.
More detail regarding to the right to invest and the right of first refusal will be presented in the agreement in the Actions Agreement between Amata summit and the Trust.
The Trust may consider investing in other types of assets aside from factory buildings, and/or warehouses, if the company as the REIT Manager conducts a feasibility study and other relevant variables, and the result of such studies show that the investments would benefit to Trust unitholders.
In making decision of additional investments, the company as the REIT manager will conduct a study in order to figure out the possibility and the degree of appropriateness of such investment and evaluate potential risks and other related factors. So that, the company can ensure that the additional investment will generate long-term returns to the trust unitholders. During the investment, the REIT manager will act complying with the rules and restriction in relative contracts as well as disclose correct and sufficient information due to the additional investments to the Trust unitholders.
The Trust may consider investing through acquisition in shares in a company established for the same purpose and functions in the same manner of the Trust. Such investment shall be complied to the following guidelines:
(A) The Trust must hold the shares not less than seventy-five (75) percent of the total number of sold (issued) shares, and not less than seventy-five (75) percent of the total voting rights of such company.
(B) There must be a measure in to ensure that the REIT manager and trustee would be able to supervise and manage the business in accordance with the Trust Deed and guidelines specified in the Notification No.Thor Jor. 49/2555 and other relevant notifications of the SEC Office which is similar to the case of direct investment in main assets and equipment.