Income Distribution
| AXIS REAL ESTATE INVESTMENT TRUST |
|
EX-date | 28/10/2011 |
| Entitlement date | 01/11/2011 |
| Entitlement time | 05:00:00 PM |
| Entitlement subject | Income Distribution |
| Entitlement description | Third Interim Income Distribution of 4.30 sen per Unit (of which 4.20 sen is taxable and 0.10 sen per unit is non-taxable in the hands of unitholders) in respect of the period from 1 July 2011 to 30 September 2011 |
| Period of interest payment | to |
| Financial Year End | 31/12/2011 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlements |
| Registrar's name ,address, telephone no | Symphony Share Registrars Sdn Bhd Level 6, Symphony House Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Telephone no. : 03 7841 800 |
| Payment date | 09/12/2011 |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 01/11/2011 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | |
| Entitlement indicator | Currency |
| Currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | 0.043 |
| Remarks : |
| On 17 October 2011, the Board of Directors of Axis REIT Managers Berhad (“Board”), the management company of Axis-REIT, announced the quarterly report on the results for the financial period ended 30 September 2011, and proposed a third interim income distribution in respect of the period from 1 July 2011 to 30 September 2011 of 4.30 sen per unit (of which 4.20 sen per unit is taxable and 0.10 sen per unit is non-taxable in the hands of unitholders) (“Third Interim Income Distribution”). The Board has determined that the income distribution reinvestment plan (“IDRP”) will apply to the Third Interim Income Distribution, in which the gross electable portion of 2.10 sen per unit out of the Third Interim Income Distribution of 4.30 sen per unit (of which 2.00 sen per unit is taxable and 0.10 sen per unit is non-taxable in the hands of unitholders) (“Electable Portion”) can be elected to be reinvested in new units and the remaining portion of 2.20 sen per unit (which is taxable in the hands of unitholders) will be paid in cash. The IDRP also provides the unitholders the option to reinvest the entire Electable Portion or part of the Electable Portion based on the proportion as determined by the Board. In this regard, the Board has also determined that the proportion of the Electable Portion in which the unitholders can elect to reinvest in new units will be 1.00 sen per unit (which is taxable in the hands of unitholders) of the Electable Portion, and the remaining 1.10 sen per unit (of which 1.00 sen per unit is taxable and 0.10 sen per unit is non-taxable in the hands of unitholders) of the Electable Portion will be paid in cash. On behalf of the Board, Maybank Investment Bank Berhad wishes to announce that the issue price of new Units to be issued pursuant to the IDRP applicable to the Third Interim Income Distribution has been fixed today at RM2.30 per new unit. This announcement is dated 17 October 2011. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 17 Oct 2011 |
| Category | Entitlements (Notice of Book Closure) |
| Reference No | MI-111017-66187 |