BURSA ANNOUNCEMENTS


 

Date : 14 November 2019

Additional Listing Announcement /Subdivision of Shares

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 160,850,000 new units in Axis Real Estate Investment Trust ("Axis-REIT") ("Units"), representing 13.0% of its total issued Units of 1,237,285,288 Units ("Placement")
No. of shares issued under this corporate proposal 160,850,000
Issue price per share ($$) Malaysian Ringgit (MYR)   1.7200
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 1,398,135,288
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,520,694,000.000
Listing Date 15 Nov 2019


Remarks :
The unitholders' capital of Axis-REIT after the Placement is approximately RM1.52 billion (after netting-off estimated expenses of approximately RM3.037 million for the Placement).

This announcement is dated 14 November 2019.


Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 14 Nov 2019
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-14112019-00004


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