BURSA ANNOUNCEMENTS


 

Date : 24 August 2009

INCOME DISTRIBUTION IN RESPECT OF UNDISTRIBUTED REALIZED INCOME FOR THE PERIOD FROM 29 AUGUST 2009 TO 30 SEPTEMBER 2009 TO BE DEFERRED TO THE FOURTH QUARTER OF 2009

AXIS REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectINCOME DISTRIBUTION IN RESPECT OF UNDISTRIBUTED REALIZED INCOME FOR THE PERIOD FROM 29 AUGUST 2009 TO 30 SEPTEMBER 2009 TO BE DEFERRED TO THE FOURTH QUARTER OF 2009
ContentsThe Board of Directors of Axis REIT Managers Berhad (“Manager”), the management company of Axis Real Estate Investment Trust (“Axis-REIT”), wishes to announce that in view of the declaration of the third interim income distribution in respect of the period from 1 July 2009 to 28 August 2009 of 2.82 sen per unit (of which 2.79 sen per unit is taxable and 0.03 sen per unit is non-taxable in the hands of unitholders), payable to all existing unitholders of Axis-REIT prior to the issuance and allotment of up to 51,180,200 units of Axis-REIT at an issue price of RM1.66 per unit announced today, the distribution of the undistributed realized income for the period from 29 August 2009 to 30 September 2009 will be deferred till the fourth quarter of 2009 for cost effectiveness purpose. Barring any unforeseen circumstances, the final income distribution which will be for the period from 29 August 2009 to 31 December 2009 will be targeted to be payable to unitholders of Axis-REIT by end of February 2010.

This announcement is dated 24 August 2009.


Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced24 Aug 2009  
CategoryGeneral Announcement
Reference NoCCS-090824-7DDB6

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