NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING 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 | 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, 20 June 2017 and 12 July 2017 in relation to the Proposed Placement. On behalf of the Board of Directors of the Manager, Maybank Investment Bank Berhad is pleased to announce that Bursa Securities had, through its letter dated 28 July 2017, approved 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. The approval granted by Bursa Securities for the Proposed Placement is subject to the following conditions:
This announcement is dated 31 July 2017. |
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Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 31 Jul 2017 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31072017-00121 |
