BURSA ANNOUNCEMENTS


 

Date : 30 August 2024

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") PROPOSED PLACEMENT OF UP TO 263,000,000 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO APPROXIMATELY 15.05% OF THE TOTAL NUMBER OF UNITS ISSUED ("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 263,000,000 NEW UNITS IN AXIS-REIT ("UNITS"), REPRESENTING UP TO APPROXIMATELY 15.05% OF THE TOTAL NUMBER OF UNITS ISSUED ("PROPOSED PLACEMENT")
On behalf of the Board of Directors of Axis REIT Managers Berhad, being the management company of Axis-REIT (“Manager”), Maybank Investment Bank Berhad 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 30 August 2024.



Please refer attachment below.



Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 30 Aug 2024
Category General Announcement for PLC
Reference Number GA1-30082024-00083


Back