TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED ACQUISITION BY AXIS-REIT OF A PROPERTY LOCATED WITHIN KLANG, SELANGOR FROM JEMARAMAS JAYA SDN. BHD.
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement | ||||||||||||||
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
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Description | AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED ACQUISITION BY AXIS-REIT OF A PROPERTY LOCATED WITHIN KLANG, SELANGOR FROM JEMARAMAS JAYA SDN. BHD. |
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(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 23 September 2022, unless otherwise stated)
Reference is made to the announcement on the Proposed Acquisition of the Property dated 23 September 2022.
The Manager wishes to announce the following additional information in relation to the Proposed Acquisition of the Property.
1. ADDITIONAL INFORMATION OF THE PROPERTY AND TENANCY
2. SALIENT TERMS OF THE SPA
(a) Conditions Precedent
The Proposed Acquisition of the Property shall be conditional upon the following being obtained or fulfilled within 3 months from the date of the SPA or such extended period as stipulated in the SPA:
(b) Termination Clauses
This announcement is dated 27 September 2022. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 27 Sep 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-27092022-00049 |