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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT" OR "FUND") PROPOSED ACQUISITION BY AXIS-REIT OF A PROPERTY LOCATED WITHIN KAWASAN PERINDUSTRIAN PASIR GUDANG, JOHOR ("PROPERTY") FROM XIN HWA TRADING & TRANSPORT SDN. BHD. ("PROPOSED ACQUISITION 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 ACQUISITION BY AXIS-REIT OF A PROPERTY LOCATED WITHIN KAWASAN PERINDUSTRIAN PASIR GUDANG, JOHOR ("PROPERTY") FROM XIN HWA TRADING & TRANSPORT SDN. BHD. ("PROPOSED ACQUISITION OF THE PROPERTY")

(Capitalised terms used in this announcement shall have the same meanings as those used in the announcement dated 15 March 2021, unless otherwise stated)

 

Reference is made to the announcement relating to the Proposed Acquisition of the Property dated 15 March 2021.

 

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 Acquisition of the Property situated at Pasir Gudang, Johor Darul Takzim from Xin Hwa Trading & Transport Sdn. Bhd.

 

The acquisition of the Property has been completed today in accordance with the terms and conditions of the Sale and Purchase Agreement dated 15 March 2021.

 

This announcement is dated 21 October 2021.






Announcement Info

Company Name AXIS REAL ESTATE INVESTMENT TRUST
Stock Name AXREIT
Date Announced 21 Oct 2021
Category General Announcement for PLC
Reference Number GA1-20102021-00095




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