Additional Listing Announcement /Subdivision of Shares
| AXIS REAL ESTATE INVESTMENT TRUST |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | 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 ("PLACEMENT") |
| No. of shares issued under this corporate proposal | 263,000,000 |
| Issue price per share | Malaysian Ringgit (MYR) 1.7100 |
| Par Value (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 2,010,492,159 |
| Issued Share Capital | Malaysian Ringgit (MYR) 2,574,166,000.000 |
| Listing Date | 18 Nov 2024 |
| Remarks : |
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 30 August 2024, 2 September 2024, 11 September 2024, 27 September 2024, 23 October 2024 and 30 October 2024 in relation to the Placement) The unitholders capital of Axis-REIT after the Placement is approximately RM2.57 billion after netting-off estimated expenses of approximately RM4.90 million in relation to the Placement. The Placement will be completed with the listing and quotation of 263,000,000 Placement Units on the Main Market of Bursa Securities on 18 November 2024. This announcement is dated 15 November 2024. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 15 Nov 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-15112024-00006 |
