BURSA ANNOUNCEMENTS


 

Date : 04 August 2014

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

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionAXIS 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 NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced4 Aug 2014  
CategoryGeneral Announcement
Reference NoMI-140804-64731

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