BURSA ANNOUNCEMENTS


 

Date : 11 March 2021

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 Others
Details of corporate proposal Recurrent and Optional Income Distribution Reinvestment Plan ("IDRP") that allows Unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT
No. of shares issued under this corporate proposal 4,150,222
Issue price per share ($$) Malaysian Ringgit (MYR)   1.8800
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 1,446,481,518
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,603,201,000.000
Listing Date 12 Mar 2021


Remarks :
(1) After taking into consideration the estimated expenses of approximately RM108,000, the unitholders' capital after the IDRP is RM1,603.20 million.

(2) The new units issued pursuant to the IDRP are in conjunction with Axis-REIT's 2020 Final Income Distribution.

This announcement is dated 11 March 2021.


Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 11 Mar 2021
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-10032021-00018


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