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 PROPERTY LOCATED WITHIN KAWASAN PERUSAHAAN BUKIT RAJA, 41050 KLANG, SELANGOR DARUL EHSAN ("PROPERTY") FROM LION STEELWORKS 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 PROPERTY LOCATED WITHIN KAWASAN PERUSAHAAN BUKIT RAJA, 41050 KLANG, SELANGOR DARUL EHSAN ("PROPERTY") FROM LION STEELWORKS SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTY") |
(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 24 December 2019, unless otherwise stated)
Reference is made to the announcement relating to the Proposed Acquisition of the Property dated 24 December 2019.
The Board of Directors of Axis REIT Managers Berhad, the Manager of Axis-REIT, wishes to announce that the Trustee has, on behalf of Axis-REIT, completed the Proposed Acquisition of the Property situated at Klang, Selangor from Lion Steelworks Sdn Bhd.
The acquisition of the Property has been completed today in accordance with the terms and conditions of the Sale and Purchase Agreement dated 24 December 2019.
This announcement is dated 17 March 2020.
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Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 17 Mar 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-17032020-00105 |