BURSA ANNOUNCEMENTS


 

Date : 29 October 2019

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") PROPOSED PLACEMENT OF UP TO 247,457,057 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO 20% OF ITS TOTAL ISSUED UNITS OF 1,237,285,288 UNITS ("PROPOSED PLACEMENT")

AXIS REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")

PROPOSED PLACEMENT OF UP TO 247,457,057 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO 20% OF ITS TOTAL ISSUED UNITS OF 1,237,285,288 UNITS ("PROPOSED PLACEMENT")
On behalf of the Board of Directors (Board) of Axis REIT Managers Berhad, being the management company of Axis-REIT (Manager), Maybank Investment Bank Berhad (Maybank IB) wishes to announce that the Manager proposes to undertake the Proposed Placement.

Please refer to the attachment for further details on the Proposed Placement.

This announcement is dated 29 October 2019.



Please refer attachment below.



Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 29 Oct 2019
Category General Announcement for PLC
Reference Number GA1-28102019-00005


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