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 | Private Placement |
| Details of corporate proposal | PLACEMENT OF UP TO 188,042,597 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO 13% OF THE TOTAL NUMBER OF UNITS ISSUED ("PLACEMENT") |
| No. of shares issued under this corporate proposal | 188,042,597 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 1.7800 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,634,524,115 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 1,934,312,000.000 |
| Listing Date | 20 Dec 2021 |
| Remarks : |
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 21 October 2021, 26 October 2021, 1 November 2021, 15 November 2021, 16 November 2021, 1 December 2021 and 2 December 2021 in relation to the Placement) The unitholders' capital of Axis-REIT after the Placement is approximately RM1.93 billion after netting-off estimated expenses of approximately RM3.62 million in relation to the Placement. The Placement will be completed with the listing and quotation of 188,042,597 Placement Units on the Main Market of Bursa Securities on 20 December 2021. This announcement is dated 17 December 2021. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 17 Dec 2021 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-16122021-00021 |
