BURSA ANNOUNCEMENTS


 

Date : 24 November 2017

Additional Listing Announcement

AXIS REAL ESTATE INVESTMENT TRUST

1. Details of Corporate Proposal

Involve issuance of new type/class of securities ? No
Types of corporate proposal Private Placement
Details of corporate proposal Placement of 125,000,000 new units in Axis Real Estate Investment Trust ("Axis-REIT") ("Units"), representing 9.97% of the existing approved fund size of Axis-REIT of 1,253,754,764 Units ("Placement")
No. of shares issued under this corporate proposal 125,000,000
Issue price per share ($$) Malaysian Ringgit (MYR)   1.4300
Par Value($$) (if applicable) Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units 1,230,173,591
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,237,000,000.000
Listing Date 28 Nov 2017


Remarks :
The unitholders' capital of Axis-REIT after the Placement is approximately RM1.237 billion (after netting-off estimated expenses of approximately RM1.925 million for the Placement).


Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 24 Nov 2017
Category Additional Listing Announcement
Reference Number ALA-24112017-00023


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