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 | Private Placement |
| Details of corporate proposal | PLACEMENT OF UP TO 100,000,000 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO APPROXIMATELY 6.09% OF THE TOTAL NUMBER OF UNITS ISSUED ("PLACEMENT") |
| No. of shares issued under this corporate proposal | 100,000,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 1.7500 |
| Par Value($$) (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 1,741,054,038 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 2,118,602,000.000 |
| Listing Date | 04 Jan 2023 |
| Remarks : |
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 14 November 2022, 17 November 2022, 23 November 2022, 29 November 2022, 30 November 2022, 15 December 2022 and 16 December 2022 in relation to the Placement) The unitholders' capital of Axis-REIT after the Placement is approximately RM2.12 billion after netting-off estimated expenses of approximately RM2.05 million in relation to the Placement. The Placement will be completed with the listing and quotation of 100,000,000 Placement Units on the Main Market of Bursa Securities on 4 January 2023. This announcement is dated 3 January 2023. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 03 Jan 2023 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-03012023-00003 |
