BURSA ANNOUNCEMENTS


 

Date : 24 February 2009

AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "THE FUND") - PROPOSED PLACEMENT; AND - PROPOSED INCREASE IN FUND SIZE (“COLLECTIVELY REFERRED AS “PROPOSALS”)

AXIS REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectAXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "THE FUND")

- PROPOSED PLACEMENT; AND
- PROPOSED INCREASE IN FUND SIZE

(“COLLECTIVELY REFERRED AS “PROPOSALS”)
ContentsWe refer to the announcements dated 4 August 2008, 3 September 2008, 24 September 2008 and 10 November 2008 respectively in relation to the Proposals.

On behalf of Axis REIT Managers Berhad, the manager of Axis-REIT, Maybank Investment Bank Berhad (formerly known as Aseambankers Malaysia Berhad) is pleased to announce that the Securities Commission had, vide its letter dated 23 February 2009, approved an extension of time of six (6) months till 1 September 2009 for the Fund to implement the Proposals.


This announcement is dated 24 February 2009.


Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced24 Feb 2009  
CategoryGeneral Announcement
Reference NoMI-090224-60346

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