BURSA ANNOUNCEMENTS


 

Date : 20 October 2014

OTHERS REVALUATION OF PROPERTIES PURSUANT TO CLAUSE 10.03 OF THE GUIDELINES ON REAL ESTATE INVESTMENT TRUSTS ("REIT GUIDELINES") ISSUED BY THE SECURITIES COMMISSION MALAYSIA

AXIS REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectOTHERS
DescriptionREVALUATION OF PROPERTIES PURSUANT TO CLAUSE 10.03 OF THE GUIDELINES ON REAL ESTATE INVESTMENT TRUSTS ("REIT GUIDELINES") ISSUED BY THE SECURITIES COMMISSION MALAYSIA

The Board of Directors of Axis REIT Managers Berhad, the management company of Axis Real Estate Investment Trust ("Axis-REIT"), wishes to announce that RHB Trustees Berhad, the trustee of Axis-REIT, has carried out the revaluation exercise on the following properties of Axis-REIT pursuant to Clause 10.03 of the REIT Guidelines ("Revaluation") :-

a)     Seberang Prai Logistic Warehouse 3
b)     Axis Vista
c)     Bayan Lepas Distribution Centre 

The details of the Revaluation is contained in the attachment below.

This announcement is dated 20 October 2014.


Attachments

Revaluation.pdf
278 KB



Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced20 Oct 2014  
CategoryGeneral Announcement
Reference NoCC-141017-51899

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