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 SEKSYEN 15, SHAH ALAM, SELANGOR DARUL EHSAN ("PROPERTY") FROM MELEWAR STEEL SERVICES 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 SEKSYEN 15, SHAH ALAM, SELANGOR DARUL EHSAN ("PROPERTY") FROM MELEWAR STEEL SERVICES 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 3 September 2020, unless otherwise stated)
Reference is made to the announcement relating to the Proposed Acquisition of the Property dated 3 September 2020.
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 Shah Alam, Selangor Darul Ehsan from Melewar Steel Services 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 3 September 2020.
This announcement is dated 3 December 2020. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 03 Dec 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-01122020-00023 |