Circular/Notice to Shareholders
| AXIS REAL ESTATE INVESTMENT TRUST |
| Subject | CIRCULAR TO UNITHOLDERS IN RELATION TO THE (I) PROPOSED PLACEMENT OF UP TO 68,819,800 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING ABOUT 22.4% OF THE EXISTING UNITS IN CIRCULATION, AT A PRICE TO BE DETERMINED LATER; (II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AXIS-REIT FROM 307,081,200 UNITS UP TO A MAXIMUM OF 375,901,000 UNITS; AND (III) PROPOSED ACQUISITIONS BY OSK TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT, OF THE FOLLOWING: (A) A PARCEL OF LEASEHOLD LAND HELD UNDER H.S.(D) NO. 4568, LOT NO. PT 3609, MUKIM TELOK PANGLIMA GARANG, DISTRICT OF KUALA LANGAT, STATE OF SELANGOR DARUL EHSAN TOGETHER WITH ALL THE INDUSTRIAL BUILDINGS ERECTED THEREON FROM CORPORATE LANDMARKS SDN BHD FORA CASH CONSIDERATION OF RM85,000,000; AND (B) A PARCEL OF LEASEHOLD LAND HELD UNDER H.S.(D) 167497, PT NO. 13, TOWN OF PETALING JAYA, DISTRICT OF PETALlNG, STATE OF SELANGOR DARUL EHSAN TOGETHER WITH ALL THE INDUSTRIAL BUILDINGS ERECTED THEREON FROM DAZZLING TOWNSHIP SDN BHD FOR A CASH CONSIDERATION OF RM49,000,000 |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 10 Aug 2010 |
| Category | Document Receipt |
| Reference No | JM-100810-36595 |
