PROPOSED ACQUISITION BY AXIS REAL ESTATE INVESTMENT TRUST ("Axis-REIT") OF A PROPERTY KNOWN AS LOT 24, JALAN LEBUH 1, KAWASAN PERUSAHAAN SULTAN SULAIMAN, NORTH PORT, PELABUHAN KLANG, SELANGOR DARUL EHSAN FROM EC DISTRIBUTION SDN. BHD. FOR A CASH CONSIDERATION OF RM10.3 MILLION ("PROPOSED ACQUISITION")
AXIS REAL ESTATE INVESTMENT TRUST |
Contents :
Pursuant to the announcement made on 3 April 2006 on the Proposed Acquisition, Axis REIT Managers Berhad, the management company of Axis-REIT, is pleased to announce that after fulfilling all Conditions Precedent as stipulated in the Sale and Purchase Agreement dated 3 April 2006 executed between EC Distribution Sdn Bhd and OSK Trustees Berhad, the Proposed Acquisition was completed on 22 May 2006.
Query Letter Contents :
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT
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Date Announced | 23 May 2006 |
Category | General Announcement |
Reference No | CC-060523-49054 |