BURSA ANNOUNCEMENTS


 

Date : 11 December 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 37,115,000 new units in Axis Real Estate Investment Trust ("Axis-REIT") ("Units"), representing 3% of its total issued Units of 1,237,285,288 Units as at 29 October 2019 to Employees Provident Fund Board ("EPF") and Kumpulan Wang Persaraan (Diperbadankan) ("KWAP") and/or persons connected with them ("Placement to EPF and KWAP")
No. of shares issued under this corporate proposal 37,115,000
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 1,435,250,288
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,584,531,800.000
Listing Date 12 Dec 2019


Remarks :
The unitholders' capital of Axis-REIT after the Placement to EPF and KWAP is approximately RM1.58 billion (after netting-off estimated expenses of approximately RM0.721 million for the Placement to EPF and KWAP).

This announcement is dated 11 December 2019.


Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 11 Dec 2019
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-11122019-00001


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