MULTIPLE PROPOSALS
| AXIS REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR “FUND”) (I) PROPOSED AUTHORITY TO ALLOT AND ISSUE UP TO 75,180,200 NEW UNITS IN AXIS-REIT (“UNITS”), REPRESENTING UP TO 20% OF THE EXISTING APPROVED FUND SIZE OF AXIS-REIT OF 375,901,000 UNITS; AND (II) PROPOSED RECURRENT AND OPTIONAL INCOME DISTRIBUTION REINVESTMENT PLAN THAT ALLOWS UNITHOLDERS OF AXIS-REIT TO REINVEST THEIR INCOME DISTRIBUTION IN NEW UNITS |
On behalf of the Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT ("Manager"), Maybank Investment Bank Berhad wishes to announce that the Manager proposes to undertake the abovementioned proposals. | |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 9 Feb 2011 |
| Category | General Announcement |
| Reference No | MI-110209-40459 |



