NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): OTHER ISSUE OF SECURITIES Recurrent and Optional Income Distribution Reinvestment Plan ("IDRP") applicable to 2012 Second Interim Income Distribution - New Units to be issued pursuant to the 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 2012 Second Interim Income Distribution - New Units to be issued pursuant to the IDRP |
Reference is made to the announcements dated 23 July 2012, 14 August 2012 and 3 September 2012 in relation to the IDRP that allows unitholders of Axis-REIT to reinvest their income distribution in new units in Axis-REIT applicable to the 2012 Second Interim Income Distribution. The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, is pleased to announce that based on the valid Income Distribution Reinvestment Forms ("IDRFs") received by Axis-REIT's registrars, Symphony Share Registrars Sdn Bhd on 5 September 2012, being the extended expiry date for submission of the IDRFs, Axis-REIT is required to issue 2,703,125 new units in Axis-REIT ("New Units") pursuant to the IDRP in respect of the 2012 Second Interim Income Distribution. The New Units represent aprroximately 78.83% of the 3,429,244 total number of new units that would have been issued pursuant to the IDRP, had all the entitled unitholders of Axis-REIT elected to reinvest their respective electable portion under the IDRP in new units. This announcement is dated 7 September 2012. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 7 Sept 2012 |
Category | General Announcement |
Reference No | CC-120907-18D94 |