TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR “FUND”) PROPOSED ACQUISITIONS BY RHB TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT, OF THREE (3) PROPERTIES SITUATED IN SHAH ALAM, SELANGOR DARUL EHSAN FOR A TOTAL CASH CONSIDERATION OF RM280,500,000
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR “FUND”) PROPOSED ACQUISITIONS BY RHB TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT, OF THREE (3) PROPERTIES SITUATED IN SHAH ALAM, SELANGOR DARUL EHSAN FOR A TOTAL CASH CONSIDERATION OF RM280,500,000 |
On behalf of the Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT. Maybank Investment Bank Berhad wishes to announce that RHB Trustees Berhad, the trustee for Axis-REIT, on behalf of Axis-REIT, had on 4 August 2014 proposed to undertake the abovementioned proposed acquisitions. Please refer to the attachment for further details on the proposed acquisitions. This announcement is dated 4 August 2014. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 4 Aug 2014 |
Category | General Announcement |
Reference No | MI-140804-64731 |