NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) RECURRENT AND OPTIONAL INCOME DISTRIBUTION REINVESTMENT PLAN (“IDRP”) APPLICABLE TO THE 2024 FINAL INCOME DISTRIBUTION
| AXIS REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description | AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) RECURRENT AND OPTIONAL INCOME DISTRIBUTION REINVESTMENT PLAN (“IDRP”) APPLICABLE TO THE 2024 FINAL INCOME DISTRIBUTION |
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 23 January 2025, 27 January 2025 and 3 February 2025 in relation to the IDRP (“Announcements”)) Reference is made to the Announcements. On behalf of the Board, Maybank IB wishes to announce that the issue price of the new Units to be issued pursuant to the 2024 IDRP has been fixed today at RM1.70 per Unit (“Issue Price”). The Issue Price represents a discount of RM0.0746 or approximately 4.2% to the volume weighted average market price of Units of RM1.7746. This announcement is dated 4 February 2025. |
|
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 04 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-04022025-00065 |
