NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): COMBINATION OF NEW ISSUE OF SECURITIES AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) • PROPOSED AUTHORITY TO ALLOT AND ISSUE UP TO 90,762,819 NEW UNITS IN AXIS-REIT (“UNITS”), REPRESENTING UP TO 19.88% OF THE EXISTING ISSUED FUND SIZE OF AXIS-REIT OF 456,517,221 UNITS (“PROPOSED AUTHORITY 1”); AND • PROPOSED 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 (“PROPOSED 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”) • PROPOSED AUTHORITY TO ALLOT AND ISSUE UP TO 90,762,819 NEW UNITS IN AXIS-REIT (“UNITS”), REPRESENTING UP TO 19.88% OF THE EXISTING ISSUED FUND SIZE OF AXIS-REIT OF 456,517,221 UNITS (“PROPOSED AUTHORITY 1”); AND • PROPOSED 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 (“PROPOSED 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 and 17 December 2012 in relation to, among others, the Proposed Authority 1 and Proposed Authority 2. On behalf of the Board, Maybank IB wishes to announce that Maybank IB had, on behalf of the Manager, submitted an application on 22 March 2013 to Bursa Securities for the listing of and quotation for the new Units to be issued pursuant to Proposed Authority 1 and Proposed Authority 2 on the Main Market of Bursa Securities. This announcement is dated 25 March 2013. | |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 25 Mar 2013 |
| Category | General Announcement |
| Reference No | MI-130325-72C23 |
