TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED ACQUISITION BY AXIS-REIT OF A PROPERTY LOCATED WITHIN KAWASAN PERINDUSTRIAN I-PARK, BANDAR INDAHPURA, KULAI, JOHOR ("PROPERTY") FROM AXIS AME IP SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTY")
| AXIS REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND")
PROPOSED ACQUISITION BY AXIS-REIT OF A PROPERTY LOCATED WITHIN KAWASAN PERINDUSTRIAN I-PARK, BANDAR INDAHPURA, KULAI, JOHOR ("PROPERTY") FROM AXIS AME IP SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTY") |
|
(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 22 February 2022, unless otherwise stated)
Reference is made to the announcement relating to the Proposed Acquisition of the Property dated 22 February 2022.
The Board of Directors of Axis REIT Managers Berhad, the Manager of Axis-REIT, wishes to announce that the Trustee has, on behalf of Axis-REIT, completed the Proposed Acquisition of the Property situated at Kulai, Johor from Axis AME IP Sdn. Bhd.
The acquisition of the Property has been completed today in accordance with the terms and conditions of the SPA dated 22 February 2022.
This announcement is dated 8 March 2022. |
|
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 08 Mar 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07032022-00053 |
