BURSA ANNOUNCEMENTS


 

Date : 02 December 2022

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. ("PROPOSED ACQUISITION OF THE PROPERTY")

AXIS REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
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. ("PROPOSED ACQUISITION OF THE PROPERTY")

(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 announcements relating to the Proposed Acquisition of the Property dated 23 September 2022 and 27 September 2022 respectively.

 

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 within Klang, Selangor from Jemaramas Jaya Sdn. Bhd.

 

The acquisition of the Property has been completed today in accordance with the terms and conditions of the SPA dated 23 September 2022.

 

This announcement is dated 2 December 2022.






Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 02 Dec 2022
Category General Announcement for PLC
Reference Number GA1-30112022-00010


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