Axis REIT has priced its placement units, and will raise total proceeds of about MYR175 million from the exercise.
The units were priced on 16 December as part of the REIT’s efforts to raise more capital for its expansion plans.
Axis REIT is a Malaysia-listed REIT with a portfolio of mostly industrial and office assets, and has lately been posturing itself for growth especially over the past one year.
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