NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): OTHER ISSUE OF SECURITIES PROPOSED ISSUANCE OF 242,000 NEW UNITS IN AXIS REAL ESTATE INVESTMENT TRUST ("Axis-REIT") (“UNITS”) FOR THE PAYMENT OF MANAGEMENT FEE TO AXIS REIT MANAGERS BERHAD, BEING THE MANAGEMENT COMPANY OF AXIS-REIT (“MANAGER”) (“PROPOSED ISSUANCE”)
| AXIS REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | PROPOSED ISSUANCE OF 242,000 NEW UNITS IN AXIS REAL ESTATE INVESTMENT TRUST ("Axis-REIT") (“UNITS”) FOR THE PAYMENT OF MANAGEMENT FEE TO AXIS REIT MANAGERS BERHAD, BEING THE MANAGEMENT COMPANY OF AXIS-REIT (“MANAGER”) (“PROPOSED ISSUANCE”) |
The Board of
Directors of Axis REIT Managers Berhad, being the Manager of Axis-REIT wishes
to announce that Axis-REIT proposes to issue 242,000 new Units for the payment of management fee to the Manger for the month of September 2014 ("New Units") at an issue price of RM3.60 per unit. Please refer to the attachment below for the details of the Proposed Issuance. This announcement is dated 20 October 2014. | |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 20 Oct 2014 |
| Category | General Announcement |
| Reference No | CC-141017-65775 |
