[AXREIT]: AXIS REITS

11-Sep-2012

EGM

27-Sep-2012 10:00

20-Sep-2012

The Malaya Room, Level 1, The Westin Kuala Lumpur, 199 Jalan Bukit Bintang, 55100 Kuala Lumpur

AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”) (I) PROPOSED ACQUISITIONS BY OSK TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT, OF THE FOLLOWING: (A) AN INDUSTRIAL LEASEHOLD STRATA PARCEL IN WISMA ACADEMY HELD UNDER PN3945/M1/B2/1 IN LOT 29 SEKSYEN 36, TOWN OF PETALING JAYA, DISTRICT OF PETALING, STATE OF SELANGOR WITH A GROSS FLOOR AREA OF 34,751 SQUARE METRES TOGETHER WITH ACCESSORY PARCELS, WHICH AMOUNTS TO 91.02% OF THE SHARE UNIT IN WISMA ACADEMY, FOR A CASH CONSIDERATION OF RM73,000,000; AND (B) A PARCEL OF INDUSTRIAL LEASEHOLD LAND HELD UNDER PN 3946, LOT. NO. 30, SEKSYEN 36, TOWN OF PETALING JAYA, DISTRICT OF PETALING, STATE OF SELANGOR MEASURING 6,148.3078 SQUARE METRES TOGETHER WITH THE BUILDINGS ERECTED THEREON, FOR A CASH CONSIDERATION OF RM12,000,000; AND (II) PROPOSED RENEWAL OF THE AUTHORITY TO ALLOT AND ISSUE UP TO 87,483,344 NEW UNITS IN AXIS-REIT (“UNITS”), REPRESENTING UP TO 19.28% OF THE EXISTING ISSUED FUND SIZE OF AXIS-REIT, FOR THE PURPOSE OF THE INCOME DISTRIBUTION REINVESTMENT PLAN THAT PROVIDES THE UNITHOLDERS OF AXIS-REIT (“UNITHOLDERS”) THE OPTION TO REINVEST THEIR INCOME DISTRIBUTION IN NEW UNITS (Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 14 June 2012 in relation to, amongst others, the abovementioned proposals). We refer to the announcement dated 14 June 2012 in relation to the abovementioned proposals. On behalf of the Board of Directors of Axis-REIT Managers Berhad, the management company of Axis-REIT, Maybank Investment Bank Berhad is pleased to announce that the Unitholders’ Meeting of Axis-REIT will be held at The Malaya Room, Level 1, The Westin Kuala Lumpur, 199 Jalan Bukit Bintang, 55100 Kuala Lumpur on Thursday, 27 September 2012 at 10.00 a.m. or at any adjournment. Please refer to the attachment for the Notice of Unitholders’ Meeting. This announcement is dated 11 September 2012.
Axis - Notice of Unitholders' Meeting.pdf

AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT”)

(I) PROPOSED ACQUISITIONS BY OSK TRUSTEES BERHAD, ON BEHALF OF AXIS-REIT, OF the following:

(A) AN industrial LEASEHOLD strata parcel in Wisma Academy held under PN3945/M1/B2/1 in Lot 29 Seksyen 36, Town of Petaling Jaya, District of Petaling, State of Selangor with a gross floor area of 34,751 square metres together with accessory parcels, which amounts to 91.02% of the share unit in Wisma Academy, FOR A CASH CONSIDERATION OF rm73,000,000; and

(B) a parcel of industrial leasehold land held under pn 3946, lot. no. 30, seksyen 36, town of PETALING JAYA, district of petaling, state of SELANGOR measuring 6,148.3078 SQUARE METRES together with the buildings erected thereon, FOR A CASH CONSIDERATION OF RM12,000,000; AND

(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 14 June 2012 in relation to, amongst others, the abovementioned proposals)

We refer to the announcements dated 14 June 2012 and 11 September 2012 in relation to the abovementioned proposals.

On behalf of the Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, Maybank Investment Bank Berhad is pleased to announce that the Unitholders of Axis-REIT have at the Unitholders’ Meeting held today, approved the ordinary resolutions as set out in the Notice of Unitholders’ Meeting dated 12 September 2012.

The voting in respect of Ordinary Resolutions 1 and 2 was carried out by way of a poll, whilst the voting in respect of Ordinary Resolution 3 was carried out by way of show of hands. Details of the results of the polling in respect of Ordinary Resolutions 1 and 2 at the Unitholders’ Meeting are as follows:

	Vote cast on a poll
Resolution	In favour	%	Against	%	Subtotal	%	Votes abstained	Total
Ordinary Resolution 1	168,185,622	100	-	-	168,185,622	100	-	168,185,622
Ordinary Resolution 2	168,185,622	100	-	-	168,185,622	100	-	168,185,622

This announcement is dated 27 September 2012.

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