Axis-REIT CEO and executive director Leong Kit May
KUALA LUMPUR: Axis Real Estate Investment Trust
(REIT) has raised RM449.73mil from a private placement exercise to support its acquisition plans and enhance its existing portfolio.
The REIT said the issue price was fixed at RM1.71 per unit, representing a 5.1% discount to the volume-weighted average market price of RM1.802 per unit.
