AXIS REAL ESTATE INVESTMENT TRUST ("Axis-REIT" or "the Fund") - PROPOSED ACQUISITION OF A FREEHOLD INDUSTRIAL FACTORY ON PART OF LOT NO. 211 MUKIM OF SENAI-KULAI, JOHOR BAHRU FROM WELL-BUILT HOLDINGS SDN BHD FOR RM14.0 MILLION
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PROPOSED ACQUISITION BY Axis-REIT OF A FREEHOLD INDUSTRIAL FACTORY WITH ANCILLARY BUILDINGS WITH AN APPROXIMATE BUILT-UP AREA OF 11,657.10 SQ. METRES ERECTED ON PART OF LOT NO. 211 MUKIM OF SENAI-KULAI, DISTRICT OF JOHOR BAHRU MEASURING APPROXIMATELY 5.335 ACRES (2.159 HECTARES), HELD UNDER MASTER TITLE GM 1171 FOR LOT 211, IN TEMPAT SEELONG, MUKIM SENAI-KULAI DAERAH KULAI STATE OF JOHOR (THE “PROPERTY”) FROM WELL-BUILT HOLDINGS SDN BHD (NO. 366020-V) FOR A TOTAL LUMP SUM CASH CONSIDERATION OF RM 14.0 MILLION (“PROPOSED ACQUISITION OF THE PROPERTY”)
Contents
:
PROPOSED ACQUISITION BY Axis-REIT OF A FREEHOLD INDUSTRIAL FACTORY WITH ANCILLARY BUILDINGS WITH AN APPROXIMATE BUILT-UP AREA OF 11,657.10 SQ. METRES ERECTED ON PART OF LOT NO. 211 MUKIM OF SENAI-KULAI, DISTRICT OF JOHOR BAHRU MEASURING APPROXIMATELY 5.335 ACRES (2.159 HECTARES), HELD UNDER MASTER TITLE GM 1171 FOR LOT 211, IN TEMPAT SEELONG, MUKIM SENAI-KULAI DAERAH KULAI STATE OF JOHOR (THE “PROPERTY”) FROM WELL-BUILT HOLDINGS SDN BHD (NO. 366020-V) FOR A TOTAL LUMP SUM CASH CONSIDERATION OF RM 14.0 MILLION (“PROPOSED ACQUISITION OF THE PROPERTY”)
(KLSE 1-4-2008)
