BURSA ANNOUNCEMENTS


 

Date : 15 July 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")
(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 23 May 2024, unless otherwise stated)

Reference is made to the announcement relating to the Proposed Acquisition of the Properties dated 23 May 2024.

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 Properties situated within Petaling Jaya and Batu Caves, Selangor from Cycle & Carriage Bintang Berhad.

The acquisition of the Properties has been completed today in accordance with the terms and conditions of the SPAs dated 23 May 2024.

This announcement is dated 15 July 2024.





Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 15 Jul 2024
Category General Announcement for PLC
Reference Number GA1-12072024-00049


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