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 |
Type | Announcement |
Subject | OTHERS |
Description | 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 |
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. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 16 Jan 2012 |
Category | General Announcement |
Reference No | CC-120116-2B2FE |