NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") 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 ("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")
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 ("PLACEMENT TO EPF AND KWAP") |
(Unless otherwise stated, all abbreviations used in this announcement shall have the same meanings as defined in the circular to unitholders of Axis-REIT dated 18 November 2019 in relation to the Placement to EPF and KWAP) We refer to the announcements dated 5 November 2019, 13 November 2019, 15 November 2019 and 3 December 2019 in relation to the Placement to EPF and KWAP. On behalf of the Board of the Manager, Maybank IB wishes to announce that the Manager had on 3 December 2019, allocated 20,306,000 and 16,809,000 Placements Units to EPF and KWAP, respectively, at an issue price of RM1.72 per Placement Unit. The 37,115,000 Placement Units represent 3% of the total issued Units of 1,237,285,288 as at 29 October 2019, being a date prior to the implementation of the General Mandate Placement and Placement to EPF and KWAP. This announcement is dated 9 December 2019. |
|
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 09 Dec 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09122019-00023 |
