BURSA ANNOUNCEMENTS


 

Date : 30 April 2025

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED DISPOSAL OF THE ANNEX BY AXIS-REIT FOR A DISPOSAL CONSIDERATION OF RM24.2 MILLION ("PROPOSED DISPOSAL OF THE PROPERTY")

AXIS REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND")

PROPOSED DISPOSAL OF THE ANNEX BY AXIS-REIT FOR A DISPOSAL CONSIDERATION OF RM24.2 MILLION ("PROPOSED DISPOSAL OF THE PROPERTY")
(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 26 February 2025, unless otherwise stated)

Reference is made to the announcement relating to the Proposed Disposal of the Property dated 26 February 2025.

The Board of Directors of Axis REIT Managers Berhad, the Manager of Axis-REIT, wishes to announce that the Trustee has, on behalf of Axis-REIT, completed the Proposed Disposal of the Property.

The disposal of The Annex has been completed today in accordance with the terms and conditions of the SPA dated 26 February 2025.

This announcement is dated 30 April 2025.





Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 30 Apr 2025
Category General Announcement for PLC
Reference Number GA1-30042025-00071


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