BURSA ANNOUNCEMENTS


 

Date : 16 January 2012

OTHERS Revaluation of Investment Properties pursuant to Financial Reporting Standard 140 and Clause 10.03 of the Guidelines on Real Estate Investment Trusts issued by the Securities Commission

AXIS REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectOTHERS
DescriptionRevaluation of Investment Properties pursuant to Financial Reporting Standard 140 and Clause 10.03 of the Guidelines on Real Estate Investment Trusts issued by the Securities Commission
The Board of Directors of Axis REIT Managers Berhad, the management company of Axis Real Estate Investment Trust (“Axis-REIT”), wishes to announce that Axis-REIT has undertaken revaluation exercise on its entire property portfolio (“Revaluation”) during the financial year ended 31 December 2011.
The details of the Revaluation are contained in the attachment below.

This announcement is dated 16 January 2012.

Attachments

revaluation.pdf
177 KB



Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced16 Jan 2012  
CategoryGeneral Announcement
Reference NoCC-120116-2B2FE

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