Circular/Notice to Shareholders
| AXIS REAL ESTATE INVESTMENT TRUST |
|
Subject | CIRCULAR TO UNITHOLDERS IN RELATION TO THE PROPOSED ACQUISITIONS BY RHB TRUSTEES BERHAD, ON BEHALF OF AXIS REAL ESTATE INVESTMENT TRUST, OF THE FOLLOWING: (I) A PIECE OF FREEHOLD LAND HELD UNDER H.S.(D) 43148, LOT NO. PT 17562, MUKIM AND DISTRICT OF KLANG, STATE OF SELANGOR DARUL EHSAN MEASURING APPROXIMATELY 94,021 SQUARE METRES TOGETHER WITH THE BUILDINGS ERECTED THEREON, FROM GREAT AVENUE (M) SDN BHD FOR A CASH CONSIDERATION OF RM183,000,000; (II) A PIECE OF LEASEHOLD LAND HELD UNDER H.S.(D) 22390, LOT NO. PT 61, SECTION 15, TOWN OF SHAH ALAM, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN MEASURING 12,328 SQUARE METRES TOGETHER WITH THE BUILDINGS ERECTED THEREON, FROM EXCEPTIONAL LANDMARK SDN BHD FOR A CASH CONSIDERATION OF RM52,500,000; AND (III) A PIECE OF LEASEHOLD LAND HELD UNDER H.S.(D) 293642, LOT NO. PT 2233, SECTION 16, TOWN OF SHAH ALAM, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN MEASURING 23,923 SQUARE METRES TOGETHER WITH THE BUILDINGS INSTALLED WITH ROOFTOP-MOUNTED SOLAR ELECTRIC GENERATING SYSTEM ERECTED THEREON, FROM ABLE HEIGHTS (M) SDN BHD FOR A CASH CONSIDERATION OF RM45,000,000 |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 4 Nov 2014 |
| Category | PDF Submission |
| Reference No | MI-141104-37200 |
