BURSA ANNOUNCEMENTS


 

Date : 13 December 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 Others
Details of corporate proposal Recurrent and Optional Income Distribution Reinvestment Plan ("IDRP") that allows Unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT
No. of shares issued under this corporate proposal 2,153,212
Issue price per share ($$) Malaysian Ringgit (MYR)   1.4900
Par Value($$) (if applicable) Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units 1,232,326,803
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,240,260,000.000
Listing Date 14 Dec 2017


Remarks :
(1) After taking into consideration the estimated expenses of approximately RM65,000, the unitholders' capital after the IDRP is RM1,240.26 million.          

(2) The new units issued pursuant to the IDRP are in conjunction with Axis-REIT's 2017 Third Interim Income Distribution.

This announcement is dated 13 December 2017.


Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 13 Dec 2017
Category Additional Listing Announcement
Reference Number ALA-12122017-00009


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