BURSA ANNOUNCEMENTS


 

Date : 15 June 2022

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 Others
Details of corporate proposal Recurrent and Optional Income Distribution Reinvestment Plan ("IDRP") that allows Unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT
No. of shares issued under this corporate proposal 6,529,923
Issue price per share ($$) Malaysian Ringgit (MYR)   1.7600
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 1,641,054,038
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,945,643,000.000
Listing Date 16 Jun 2022


Remarks :
(1) After taking into consideration the estimated expenses of approximately RM172,000, the unitholders' capital after the IDRP is RM1,945.64 million.

(2) The new units issued pursuant to the IDRP are in conjunction with Axis-REIT's 2021 First Interim Income Distribution.

This announcement is dated 15 June 2022.


Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 15 Jun 2022
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-13062022-00008


Back