AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") (I) PROPOSED PLACEMENT OF UP TO 50,000,000 NEW UNITS IN AXIS-REIT REPRESENTING APPROXIMATELY 24.3% OF THE EXISTING UNITS IN AXIS-REIT IN CIRCULATION, AT AN ISSUE PRICE TO BE DETERMINED LATER; AND (II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AXIS-REIT TO A MAXIMUM OF 255,901,000 UNITS (HEREIN REFERRED AS "PROPOSALS")
| AXIS REAL ESTATE INVESTMENT TRUST |
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Type | Announcement |
| Subject | AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") (I) PROPOSED PLACEMENT OF UP TO 50,000,000 NEW UNITS IN AXIS-REIT REPRESENTING APPROXIMATELY 24.3% OF THE EXISTING UNITS IN AXIS-REIT IN CIRCULATION, AT AN ISSUE PRICE TO BE DETERMINED LATER; AND (II) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AXIS-REIT TO A MAXIMUM OF 255,901,000 UNITS (HEREIN REFERRED AS "PROPOSALS") |
Contents :
- Aseambankers Malaysia Berhad, on behalf of the Board of Directors of Axis REIT Managers Berhad, the manager of Axis-REIT is pleased to announce that at the unitholders’ meeting held today, the unitholders of Axis-REIT have approved and passed the resolutions in relation to the Proposals.
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 7 Dec 2007 |
| Category | General Announcement |
| Reference No | CU-071207-59134 |
