BURSA ANNOUNCEMENTS


 

Date : 29 April 2016

GENERAL MEETINGS: Outcome of Meeting

AXIS REAL ESTATE INVESTMENT TRUST

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 29 Apr 2016
Time 10:00 AM
Venue
Kristal Ballroom, Level 1, West Wing, Hilton Petaling Jaya, No. 2, Jalan Barat, 46200 Petaling Jaya, Selangor Darul Ehsan.
Outcome of Meeting

The Board of Directors of Axis REIT Managers Berhad, the management company of Axis Real Estate Investment Trust ("Axis-REIT") is pleased to announce that the Fourth Annual General Meeting ("AGM") of Axis-REIT has been convened and concluded today with the Audited Financial Statements for the financial year ended 31 December 2015 of Axis-REIT together with the Reports attached thereon being laid before the Unitholders of Axis-REIT in accordance with Clause 15.33A of the Guidelines on Real Estate Investment Trusts issued by the Securities Commission Malaysia.

The Unitholders of Axis-REIT also approved by way of show of hands all the following ordinary resolutions as prescribed in the Notice convening the AGM dated 29 February 2016 at the AGM held today:

Special Business 

  1. Proposed renewal of the authority to allot and issue up to 219,103,216 new units in Axis-REIT, representing approximately 19.9% of the existing issued fund size of Axis-REIT, to facilitate a placement exercise; and 
  2. Proposed renewal of the authority to allot and issue up to 150,917,696 new units in Axis-REIT for the purpose of the Income Distribution Reinvestment Plan that provides the Unitholders of Axis-REIT the option to reinvest their income distribution in new units.

There was no other business being transacted at the AGM. 

This announcement is dated 29 April 2016.





Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 29 Apr 2016
Category General Meeting
Reference Number GMA-27042016-00036


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