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 |