Additional Listing Announcement
| AXIS REAL ESTATE INVESTMENT TRUST |
1. Details of Corporate Proposal | |
| Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | 51,180,200 placement units in Axis Real Estate Investment Trust ("Axis-REIT") ("Issuance Units") representing 20% of the existing approved fund size of 255,901,000 units at an issue price of RM1.66 per unit, being the first tranche of the placement units of 120 million units in Axis-REIT ("First Tranche of the Proposed Placement"). |
| No. of shares issued under this corporate proposal | 51,180,200 |
| Issue price per share ($$) | MYR 1.660 |
| Par Value ($$) | MYR 0.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
| Units | 307,081,200 |
| Currency | MYR 406,647,132.000 |
| Listing Date | 10/09/2009 |
| Remarks : |
| The unitholders’ fund after the First Tranche of the Proposed Placement is RM406,647,132 (after netting off estimated expenses of RM1.65 million for the Issuance Units). |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 9 Sept 2009 |
| Category | Additional Listing Announcement (ALA) |
| Reference No | MI-090904-32928 |
