BURSA ANNOUNCEMENTS


 

Date : 24 May 2017

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") PROPOSED PLACEMENT OF UP TO 294,571,596 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO 20% OF THE EXISTING APPROVED FUND SIZE OF AXIS-REIT OF 1,472,857,980 UNITS ("PROPOSED PLACEMENT")

AXIS REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") 

PROPOSED PLACEMENT OF UP TO 294,571,596 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO 20% OF THE EXISTING APPROVED FUND SIZE OF AXIS-REIT OF 1,472,857,980 UNITS ("PROPOSED PLACEMENT")

We refer to the announcement dated 23 May 2017 in relation to the Proposed Placement.

On behalf of the Board of Directors of Axis REIT Managers Berhad, being the management company of Axis-REIT, Maybank Investment Bank Berhad wishes to announce that an application to the Securities Commission Malaysia (“SC”) in relation to the issuance and listing of and quotation for up to 294,571,596 new Units to be issued under the Proposed Placement on the Main Market of Bursa Malaysia Securities Berhad, has been submitted to the SC today.

This announcement is dated 24 May 2017.






Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 24 May 2017
Category General Announcement for PLC
Reference Number GA1-24052017-00064


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