Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED ACQUISITION BY AXIS-REIT OF PROPERTIES LOCATED WITHIN KAWASAN PERINDUSTRIAN I-PARK, BANDAR INDAHPURA, KULAI, JOHOR FROM AXIS AME IP SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTIES")

AXIS REAL ESTATE INVESTMENT TRUST

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

PROPOSED ACQUISITION BY AXIS-REIT OF PROPERTIES LOCATED WITHIN KAWASAN PERINDUSTRIAN I-PARK, BANDAR INDAHPURA, KULAI, JOHOR FROM AXIS AME IP SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTIES")

(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 19 November 2020, unless otherwise stated)

 

Reference is made to the announcement relating to the Proposed Acquisition of the Properties dated 19 November 2020.

 

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 remaining property under the Proposed Acquisition of the Properties, situated at Kulai, Johor from Axis AME IP Sdn. Bhd.

 

The acquisition of the last property, specifically Property 3 has been completed today in accordance with the terms and conditions of the SPA 3 dated 19 November 2020.

 

This announcement is dated 3 March 2021.






Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 03 Mar 2021
Category General Announcement for PLC
Reference Number GA1-02032021-00050




Close