NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): COMBINATION OF NEW ISSUE OF SECURITIES AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) (I) AUTHORITY TO ALLOT AND ISSUE UP TO 90,762,819 NEW UNITS IN AXIS-REIT (“UNITS”) TO FACILITATE A PLACEMENT EXERCISE (“AUTHORITY 1”); AND (II) AUTHORITY TO ALLOT AND ISSUE UP TO 2,000,000 NEW UNITS FOR THE PURPOSE OF THE PAYMENT OF MANAGEMENT FEE TO AXIS REIT MANAGERS BERHAD IN THE FORM OF NEW UNITS (“AUTHORITY 2”)
| AXIS REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) COMBINATION OF NEW ISSUE OF SECURITIES |
| Description | AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) (I) AUTHORITY TO ALLOT AND ISSUE UP TO 90,762,819 NEW UNITS IN AXIS-REIT (“UNITS”) TO FACILITATE A PLACEMENT EXERCISE (“AUTHORITY 1”); AND (II) AUTHORITY TO ALLOT AND ISSUE UP TO 2,000,000 NEW UNITS FOR THE PURPOSE OF THE PAYMENT OF MANAGEMENT FEE TO AXIS REIT MANAGERS BERHAD IN THE FORM OF NEW UNITS (“AUTHORITY 2”) |
(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 14 June 2012). We refer to the announcements dated 14 June 2012, 13 September 2012, 19 September 2012, 17 December 2012, 25 March 2013, 4 April 2013, 5 April 2013, 30 April 2013 and 29 August 2013 in relation to, among others, the Authority 1 and Authority 2. On behalf of the Board, Maybank IB wishes to announce that Bursa Securities has, vide its letter dated 12 September 2013, approved an extension of time of up to 3 April 2014 to complete the Authority 1 and Authority 2. This announcement is dated 18 September 2013.
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Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 18 Sept 2013 |
| Category | General Announcement |
| Reference No | MI-130918-53944 |
