On 23 October 2025, the Board of Directors of Axis REIT Managers Berhad (“Board”), the management company of Axis-REIT, has announced the quarterly results for the financial period ended 30 September 2025 and proposed a third interim income distribution in respect of the period from 1 July 2025 to 30 September 2025 of 2.65 sen per unit of Axis-REIT (“Unit”) (of which 2.48 sen per Unit is taxable and 0.17 sen per Unit is non-taxable in the hands of the unitholders of Axis-REIT (“Unitholders”)) (“2025 Third Interim Income Distribution”).
The Board has determined that the IDRP, which allows the Unitholders to reinvest their income distribution into new Units, will apply to the 2025 Third Interim Income Distribution (“2025 IDRP”), in which the gross electable portion of 1.30 sen per Unit (which is taxable in the hands of the Unitholders) out of the 2025 Third Interim Income Distribution of 2.65 sen per Unit (“Electable Portion”) can be elected to be reinvested into new Units and the remaining 1.35 sen per Unit (of which 1.18 sen per Unit is taxable and 0.17 sen per Unit is non-taxable in the hands of the Unitholders) will be paid in cash.
The IDRP also provides the Unitholders the option to reinvest the entire Electable Portion or part of the Electable Portion based on the proportion as determined by the Board. In this regards, the Board has also determined that the proportion of the Electable Portion in which the Unitholders can elect to reinvest into new Units will be 0.65 sen per Unit (which is taxable in the hands of the Unitholders) of the Electable Portion, and the remaining 0.65 sen per Unit (which is taxable in the hands of the Unitholders) of the Electable Portion will be paid in cash. If the Unitholder elects not to participate in the 2025 IDRP, then the Electable Portion will be paid wholly in cash.
The issue price of the new Units to be issued pursuant to the 2025 IDRP, book closure date and payment date in respect of the 2025 Third Interim Income Distribution will be announced in due course.
An application will be submitted to Bursa Malaysia Securities Berhad (“Bursa Securities”) for the listing and quotation of the new Units to be issued pursuant to the 2025 IDRP on the Main Market of Bursa Securities.
This announcement is dated 23 October 2025.
