TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED ACQUISITION BY AXIS-REIT OF PROPERTIES LOCATED WITHIN KAWASAN PERINDUSTRIAN I-PARK, BANDAR INDAHPURA, KULAI, JOHOR FROM AXIS AME IP SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTIES")
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
Description | AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED ACQUISITION BY AXIS-REIT OF PROPERTIES LOCATED WITHIN KAWASAN PERINDUSTRIAN I-PARK, BANDAR INDAHPURA, KULAI, JOHOR FROM AXIS AME IP SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTIES") |
(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 19 November 2020, unless otherwise stated)
Reference is made to the announcement relating to the Proposed Acquisition of the Properties dated 19 November 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, partially completed the Proposed Acquisition of the Properties, specifically Property 2, situated at Kulai, Johor from Axis AME IP Sdn. Bhd.
The acquisition of Property 2 has been completed today in accordance with the terms and conditions of the SPA 2 dated 19 November 2020.
This announcement is dated 12 January 2021. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 12 Jan 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-12012021-00094 |