GENERAL MEETINGS: OUTCOME OF MEETING
| AXIS REAL ESTATE INVESTMENT TRUST |
|
Type of Meeting | Extraordinary General Meeting |
| Indicator | Outcome of Meeting |
| Date of Meeting | 19/11/2014 |
| Time | 10:00 AM |
| Venue | Kristal Ballroom, Level 1, West Wing, Hilton Petaling Jaya, No. 2, Jalan Barat, 46200 Petaling Jaya, Selangor Darul Ehsan |
| Outcome of Meeting | AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) PROPOSED ACQUISITIONS BY RHB TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT, OF the following: (i) a piece of freehold land held under H.S.(D) 43148, Lot No. PT 17562, Mukim and District of Klang, State of Selangor Darul Ehsan MEASURING APPROXIMATELY 94,021 square metres TOGETHER WITH THE BUILDINGS ERECTED THEREON, FROM GREAT AVENUE (M) SDN BHD for a cash consideration of RM183,000,000; (ii) a piece of leasehold land held under H.S.(D) 22390, Lot No. PT 61, Section 15, Town of Shah Alam, District of Petaling, State of Selangor Darul Ehsan MEASURING 12,328 square metres together with the buildingS erected thereon, FROM EXCEPTIONAL LANDMARK SDN BHD for a cash consideration of RM52,500,000; and (iii) a piece of leasehold land held under H.S.(D) 293642, Lot No. PT 2233, Section 16, Town of Shah Alam, District of Petaling, State of Selangor Darul Ehsan MEASURING 23,923 square metres together with the buildingS installed with rooftop-mounted solar electric generating system erected thereon, FROM ABLE HEIGHTS (M) SDN BHD for a cash consideration of RM45,000,000 (COLLECTIVELY REFERRED TO AS “PROPOSED ACQUISITIONS”) We refer to the announcements dated 4 August 2014 and 4 November 2014 in relation to the Proposed Acquisitions. On behalf of the Board of Directors of Axis REIT Managers Berhad, being the management company of Axis-REIT, Maybank Investment Bank Berhad wishes to announce that the unitholders of Axis-REIT (“Unitholders”) have at the meeting of the Unitholders held today, approved the ordinary resolutions as set out in the Notice of Unitholders’ meeting dated 4 November 2014. The voting in respect of Ordinary Resolutions 1 to 3 was carried out by way of a poll. Details of the results of the polling in respect of Ordinary Resolutions 1 to 3 at the Unitholders’ meeting are attached herewith. This announcement is dated 19 November 2014. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 19 Nov 2014 |
| Category | General Meetings |
| Reference No | MI-141119-44622 |
