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 TEMERLOH, PAHANG FROM AMAL MEWAH DEVELOPMENT 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 TEMERLOH, PAHANG FROM AMAL MEWAH DEVELOPMENT 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 8 December 2023, unless otherwise stated) Reference is made to the announcement relating to the Proposed Acquisition of the Property dated 8 December 2023. 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 Temerloh, Pahang from Amal Mewah Development Sdn. Bhd. The acquisition of the Property has been completed today in accordance with the terms and conditions of the SPA dated 8 December 2023. This announcement is dated 16 January 2024. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 16 Jan 2024 |
Category | General Announcement for PLC |
Reference Number | GA1-12012024-00077 |