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 | 68,819,800 new units in Axis Real Estate Investment Trust ("Axis-REIT") ("Final Tranche Placement Units"), representing about 22.4% of the existing units in Axis-REIT ("Units") in circulation of 307,081,200 Units at an issue price of RM1.97 per Unit, being the final tranche of the placement units of 120,000,000 Units |
No. of shares issued under this corporate proposal | 68,819,800 |
Issue price per share ($$) | MYR 1.970 |
Par Value ($$) | MYR 0.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 375,901,000 |
Currency | MYR 540,079,006.000 |
Listing Date | 15/09/2010 |
Remarks : |
The unitholders’ fund after the Final Tranche Proposed Placement is RM540,079,006 (after netting off estimated expenses of RM2.35 million for the Final Tranche Placement Units). |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 14 Sept 2010 |
Category | Additional Listing Announcement (ALA) |
Reference No | MI-100913-62450 |