BURSA ANNOUNCEMENTS


 

Date : 23 May 2024

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 PROPERTIES LOCATED WITHIN PETALING JAYA AND BATU CAVES, SELANGOR FROM CYCLE & CARRIAGE BINTANG BERHAD ("PROPOSED ACQUISITION OF THE PROPERTIES")

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 PROPERTIES LOCATED WITHIN PETALING JAYA AND BATU CAVES, SELANGOR FROM CYCLE & CARRIAGE BINTANG BERHAD ("PROPOSED ACQUISITION OF THE PROPERTIES")
The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, wishes to announce that RHB Trustees Berhad, the trustee for Axis-REIT, has entered into 2 separate sale and purchase agreements in relation to the proposed acquisition of 2 properties, for and on behalf of Axis-REIT, from Cycle & Carriage Bintang Berhad.

Please refer to the attachment below for the details of the Proposed Acquisition of the Properties.

This announcement is dated 23 May 2024.



Please refer attachment below.



Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 23 May 2024
Category General Announcement for PLC
Reference Number GA1-23052024-00038


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