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 | Others |
| Details of corporate proposal | Recurrent and optional income distribution reinvestment plan (“IDRP”) applicable to the 2024 Final Income Distribution |
| No. of shares issued under this corporate proposal | 10,282,023 |
| Issue price per share | Malaysian Ringgit (MYR) 1.7000 |
| Par Value (if applicable) | |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 2,020,774,182 |
| Issued Share Capital | Malaysian Ringgit (MYR) 2,591,420,000.000 |
| Listing Date | 26 Mar 2025 |
| Remarks : |
(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, 3 February 2025, 4 February 2025, 28 February 2025, 3 March 2025 and 21 March 2025 in relation to the IDRP) The unitholders capital of Axis-REIT after the IDRP applicable to the 2024 Final Income Distribution is approximately RM2.59 billion after netting-off estimated expenses of approximately RM226,000 in relation to the IDRP applicable to the 2024 Final Income Distribution. The IDRP applicable to the 2024 Final Income Distribution will be completed with the listing and quotation of the New Units on the Main Market of Bursa Securities on 26 March 2025. This announcement is dated 25 March 2025. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 25 Mar 2025 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-25032025-00013 |
