OTHERS EXEMPTION OF REVENUE STAMP PAYABLE IN RELATION TO THE INCOME DISTRIBUTION REINVESTMENT PLAN ("IDRP")
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | OTHERS |
Description | EXEMPTION OF REVENUE STAMP PAYABLE IN RELATION TO THE INCOME DISTRIBUTION REINVESTMENT PLAN ("IDRP") |
Reference is made
to the announcement on the Recurrent and Optional IDRP applicable to 2014 First
Interim Income Distribution made on 21 April 2014. In an effort to further enhance the attractiveness of IDRP that provides the unitholders the option to reinvest their income distribution in new units in Axis Real Estate Investment Trust ("Axis-REIT" or the "Fund"), Axis REIT Managers Berhad, the management company of Axis-REIT is pleased to announce that the Fund will be providing an exemption of the RM10 revenue stamp (setem hasil) payable upon execution of each notice of election of the IDRP for securities account holders that hold less than 8,000 units in Axis-REIT as at 6 May 2014 being the entitlement date fixed in respect of the first interim income distribution for the period from 1 January 2014 to 31 March 2014 (“2014 First Interim Income Distribution”) to which the IDRP is applicable. This announcement is dated 29 April 2014. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 29 Apr 2014 |
Category | General Announcement |
Reference No | CC-140429-57392 |