NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES RECURRENT AND OPTIONAL INCOME DISTRIBUTION REINVESTMENT PLAN ("IDRP") APPLICABLE TO 2020 FINAL INCOME DISTRIBUTION - NEW UNITS ISSUED AND LISTED PURSUANT TO IDRP
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
Description | RECURRENT AND OPTIONAL INCOME DISTRIBUTION REINVESTMENT PLAN ("IDRP") APPLICABLE TO 2020 FINAL INCOME DISTRIBUTION - NEW UNITS ISSUED AND LISTED PURSUANT TO IDRP |
Reference is made to the announcements dated 20 January 2021, 16 February 2021 and 8 March 2021 in relation to the IDRP applicable to the 2020 Final Income Distribution, that allows unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT.
The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, is pleased to announce that 4,150,222 new units ("New Units") have been issued and allotted on 11 March 2021 pursuant to the IDRP which was applied to the 2020 Final Income Distribution of Axis-REIT. The New Units are listed and quoted on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Friday, 12 March 2021.
With listing of the New Units, the enlarged fund size of Axis-REIT is 1,446,481,518 units.
This announcement is dated 12 March 2021. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 12 Mar 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-10032021-00036 |