BURSA ANNOUNCEMENTS


 

Date : 22 July 2016

OTHERS AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") EXTENSION OF TIME FOR THE IMPLEMENTATION OF THE AUTHORITY TO ALLOT AND ISSUE UP TO 219,103,216 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO APPROXIMATELY 19.8% OF THE EXISTING ISSUED FUND SIZE OF AXIS-REIT OF 1,105,173,591 UNITS, TO FACILITATE A PLACEMENT EXERCISE ("PROPOSED EXTENSION OF TIME")

AXIS REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject OTHERS
Description
AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")

EXTENSION OF TIME FOR THE IMPLEMENTATION OF THE AUTHORITY TO ALLOT AND ISSUE UP TO 219,103,216 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO APPROXIMATELY 19.8% OF THE EXISTING ISSUED FUND SIZE OF AXIS-REIT OF 1,105,173,591 UNITS, TO FACILITATE A PLACEMENT EXERCISE ("PROPOSED EXTENSION OF TIME")

(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 1 July 2016 in relation to the Proposed Extension of Time.)

We refer to the announcement dated 1 July 2016 in relation to the Proposed Extension of Time.

On behalf of the Board of Directors of the Manager, Maybank Investment Bank Berhad is pleased to announce that Bursa Malaysia Securities Berhad had, vide its letter dated 21 July 2016, approved the extension of time until 23 January 2017 for Axis-REIT to complete the Authority.

This announcement is dated 22 July 2016.






Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 22 Jul 2016
Category General Announcement for PLC
Reference Number GA1-22072016-00082


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