NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") PROPOSED PLACEMENT OF UP TO 37,115,000 NEW UNITS IN AXIS-REIT ("UNITS") ("PLACEMENT UNITS"), REPRESENTING UP TO 3% OF ITS TOTAL ISSUED UNITS OF 1,237,285,288 UNITS AT AN ISSUE PRICE OF RM1.72 PER PLACEMENT UNIT TO EMPLOYEES PROVIDENT FUND BOARD ("EPF") AND KUMPULAN WANG PERSARAAN (DIPERBADANKAN) ("KWAP") AND/OR PERSONS CONNECTED WITH THEM ("PROPOSED PLACEMENT TO EPF AND KWAP")
| AXIS REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description | AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")
PROPOSED PLACEMENT OF UP TO 37,115,000 NEW UNITS IN AXIS-REIT ("UNITS") ("PLACEMENT UNITS"), REPRESENTING UP TO 3% OF ITS TOTAL ISSUED UNITS OF 1,237,285,288 UNITS AT AN ISSUE PRICE OF RM1.72 PER PLACEMENT UNIT TO EMPLOYEES PROVIDENT FUND BOARD ("EPF") AND KUMPULAN WANG PERSARAAN (DIPERBADANKAN) ("KWAP") AND/OR PERSONS CONNECTED WITH THEM ("PROPOSED PLACEMENT TO EPF AND KWAP") |
(Unless otherwise stated, all abbreviations used in this announcement shall have the same meanings as defined in the announcement dated 5 November 2019 in relation to the Proposed Placement to EPF and KWAP) We refer to the announcement dated 5 November 2019 in relation to the Proposed Placement to EPF and KWAP. On behalf of the Board of the Manager, Maybank IB is pleased to announce that the listing application for the listing and quotation of the Placement Units on the Main Market of Bursa Securities, to be issued pursuant to the Proposed Placement to EPF and KWAP, has been submitted to Bursa Securities today. This announcement is dated 13 November 2019. |
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Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 13 Nov 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13112019-00019 |
