COMPLETION OF THE PROPOSED ACQUISITION OF A LEASEHOLD INDUSTRIAL PROPERTY ACQUIRED FROM ORIENTAL PULSE SDN BHD FOR RM12.50 MILLION
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | COMPLETION OF THE PROPOSED ACQUISITION OF A LEASEHOLD INDUSTRIAL PROPERTY ACQUIRED FROM ORIENTAL PULSE SDN BHD FOR RM12.50 MILLION |
Contents | Completion Of The Acquisition By Axis Real Estate Investment Trust (“Axis-REIT” Or The “Fund”) Of A Leasehold Industrial Property Comprising A Single Storey Detached Factory, With Ancillary Buildings With An Approximate Built-Up Area Of 12,145.24 Sq. Metres Erected On Land Held Under H.S.(D) 437877 For PTD 190745 In The Mukim Of Plentong, Daerah Of Johor Bahru, State Of Johor Measuring Approximately 20,240.226 Sq. Metres (The “Property”) Which 60 Years’ Leasehold Tenure Will Be Expiring On 23 January 2067 From Oriental Pulse Sdn Bhd (No. 627687-X) For A Total Lump Sum Cash Consideration Of RM12.5 Million (“Proposed Acquisition Of The Property”) |
This announcement is dated 4 August 2008.
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 4 Aug 2008 |
Category | General Announcement |
Reference No | CCS-080804-C84DC |