AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) NOTICE OF UNITHOLDERS’ MEETING (I) PROPOSED ACQUISITIONS BY OSK TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT OF THE FOLLOWING: (A) A PARCEL OF LEASEHOLD LAND HELD UNDER H.S.(D) NO. 4568, LOT NO. PT 3609, MUKIM TELOK PANGLIMA GARANG, DISTRICT OF KUALA LANGAT, STATE OF SELANGOR DARUL EHSAN TOGETHER WITH ALL THE INDUSTRIAL BUILDINGS ERECTED THEREON FOR A CASH CONSIDERATION OF RM85,000,000; AND (B) A PARCEL OF LEASEHOLD LAND HELD UNDER H.S.(D) 167497, PT NO. 13, TOWN OF PETALING JAYA, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN TOGETHER WITH ALL THE INDUSTRIAL BUILDINGS ERECTED THEREON FOR A CASH CONSIDERATION OF RM49,000,000; (II) PROPOSED PLACEMENT OF UP TO 68,819,800 NEW UNITS IN AXIS-REIT, REPRESENTING ABOUT 22.4% OF THE EXISTING UNITS IN AXIS-REIT (“UNITS”) IN CIRCULATION, AT A PRICE TO BE DETERMINED LATER; AND (III) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AXIS-REIT FROM 307,081,200 UNITS UP TO A MAXIMUM OF 375,901,000 UNITS
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) NOTICE OF UNITHOLDERS’ MEETING (I) PROPOSED ACQUISITIONS BY OSK TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT OF THE FOLLOWING: (A) A PARCEL OF LEASEHOLD LAND HELD UNDER H.S.(D) NO. 4568, LOT NO. PT 3609, MUKIM TELOK PANGLIMA GARANG, DISTRICT OF KUALA LANGAT, STATE OF SELANGOR DARUL EHSAN TOGETHER WITH ALL THE INDUSTRIAL BUILDINGS ERECTED THEREON FOR A CASH CONSIDERATION OF RM85,000,000; AND (B) A PARCEL OF LEASEHOLD LAND HELD UNDER H.S.(D) 167497, PT NO. 13, TOWN OF PETALING JAYA, DISTRICT OF PETALING, STATE OF SELANGOR DARUL EHSAN TOGETHER WITH ALL THE INDUSTRIAL BUILDINGS ERECTED THEREON FOR A CASH CONSIDERATION OF RM49,000,000; (II) PROPOSED PLACEMENT OF UP TO 68,819,800 NEW UNITS IN AXIS-REIT, REPRESENTING ABOUT 22.4% OF THE EXISTING UNITS IN AXIS-REIT (“UNITS”) IN CIRCULATION, AT A PRICE TO BE DETERMINED LATER; AND (III) PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AXIS-REIT FROM 307,081,200 UNITS UP TO A MAXIMUM OF 375,901,000 UNITS |
Contents | On behalf of the Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, Maybank Investment Bank Berhad is pleased to announce that the Unitholders’ Meeting of Axis-REIT will be held at Ballroom Mezzanine Floor, Hotel Equatorial Kuala Lumpur, Jalan Sultan Ismail, 50250 Kuala Lumpur on Wednesday, 25 June 2010 2010 at 10.30 a.m. or at any adjournment. Please refer to the attachment for the Notice of Unitholders’ Meeting. This announcement is dated 9 August 2010 |
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Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 9 Aug 2010 |
Category | General Announcement |
Reference No | MI-100809-63311 |