Unit split involving the subdivision of every one (1) existing unit in Axis-REIT held by the entitled unitholders of Axis-REIT as at 5.00 p.m. on 8 September 2015, into two (2) units in Axis-REIT (“UNIT SPLIT�)
(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 24 August 2015).
We refer to the recent announcement in relation to the Unit Split dated 24 August 2015 and the Listing Circular dated 28 August 2015.
The Board of Directors of Axis REIT Managers Berhad wishes to announce that Axis-REIT’s unit price will be halved with effect from 4 September 2015 (ex-offer date) for trading purposes. The new Subdivided Units in Axis-REIT will be allotted and issued after 5.00 p.m. on 8 September 2015 (Entitlement Date). The total value of the units in Axis-REIT held by the Unitholders remains unchanged.
This announcement is dated 4 September 2015.