Additional Listing Announcement
AXIS REAL ESTATE INVESTMENT TRUST |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | Private Placement |
Details of corporate proposal | Placement of 83,579,942 new units in Axis Real Estate Investment Trust (“Axis-REIT”) (“Units”), representing approximately 18.02% of the existing issued fund size of Axis-REIT of 463,942,098 Units (“Placement”) |
No. of shares issued under this corporate proposal | 83,579,942 |
Issue price per share ($$) | MYR 3.450 |
Par Value ($$) | MYR 0.000 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 547,522,040 |
Currency | MYR 0.000 |
Listing Date | 12/12/2014 |
Remarks : |
The unitholders’ capital of Axis-REIT after the Placement is approximately RM1,044.79 million (after netting-off estimated expenses of approximately RM3.24 million for the Placement). |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 11 Dec 2014 |
Category | Additional Listing Announcement (ALA) |
Reference No | MI-141211-44979 |