NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") PROPOSED PLACEMENT OF UP TO 250,750,952 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO 20% OF THE EXISTING APPROVED FUND SIZE OF AXIS-REIT OF 1,253,754,764 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 250,750,952 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO 20% OF THE EXISTING APPROVED FUND SIZE OF AXIS-REIT OF 1,253,754,764 UNITS ("PROPOSED PLACEMENT") |
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(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 23 May 2017 in relation to the Proposed Placement). We refer to the announcements dated 23 May 2017, 24 May 2017 and 20 June 2017 in relation to the Proposed Placement. On behalf of the Board of Directors of the Manager, Maybank Investment Bank Berhad wishes to announce that an application has been submitted to Bursa Securities today in relation to the listing and quotation of up to 250,750,952 new Units to be issued under the Proposed Placement, representing up to 20% of the existing approved fund size of Axis-REIT of 1,253,754,764 Units, on the Main Market of Bursa Securities. This announcement is dated 12 July 2017.
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Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 12 Jul 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-12072017-00070 |
