BURSA ANNOUNCEMENTS


 

Date : 17 July 2019

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED ACQUISITION BY AXIS-REIT OF: A PIECE OF LEASEHOLD LAND SITUATED IN BAYAN LEPAS FREE INDUSTRIAL ZONE PHASE 4, 11900 BAYAN LEPAS, PULAU PINANG ERECTED WITH A PURPOSE-BUILT DOUBLE-STOREY FACTORY-CUM-OFFICE BUILDING FROM ZOOMIC TECHNOLOGY (M) SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTY")

AXIS REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND")

PROPOSED ACQUISITION BY AXIS-REIT OF:

A PIECE OF LEASEHOLD LAND SITUATED IN BAYAN LEPAS FREE INDUSTRIAL ZONE PHASE 4, 11900 BAYAN LEPAS, PULAU PINANG ERECTED WITH A PURPOSE-BUILT DOUBLE-STOREY FACTORY-CUM-OFFICE BUILDING FROM ZOOMIC TECHNOLOGY (M) SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTY")

The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, wishes to announce that RHB Trustees Berhad, the trustee for Axis-REIT, has entered into a sale and purchase agreement in relation to the Proposed Acquisition of the Property today.

 

Please refer to the attachment below for the details of the Proposed Acquisition of the Property.

 

This announcement is dated 17 July 2019.




Please refer attachment below.



Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 17 Jul 2019
Category General Announcement for PLC
Reference Number GA1-17072019-00063


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