Reference is made to the announcements dated 19 October 2015 and 11 November 2015 in relation to the IDRP applicable to the 2015 Third Interim Income Distribution, that allows unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT.
The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, is pleased to announce that based on the valid Income Distribution Reinvestment Forms ("IDRFs") received by Axis-REIT's registrars, Symphony Share Registrars Sdn Bhd on 26 November 2015, being the expiry date for submission of the IDRFs, Axis-REIT is required to issue 4,276,988 new units in Axis-REIT ("New Units") pursuant to the IDRP in respect of the 2015 Third Interim Income Distribution. The New Units represent approximately 67% of the 6,378,145 total number of new units that would have been issued pursuant to the IDRP, had all the entitled unitholders of Axis-REIT elected to reinvest their respective electable portion under the IDRP in new units.
This announcement is dated 1 December 2015.
