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Prospect News home > News index > List of issuers A > Headlines for Axis Real Estate Investment Trust > News item
Published on 1/21/2015 in the Prospect News Emerging Markets Daily.

Malaysia’s Axis REIT increases size of sukuk program to RM 3 billion

By Marisa Wong

Madison, Wis., Jan. 21 – Axis Real Estate Investment Trust announced that subsidiary Axis REIT Sukuk Bhd. increased its sukuk program to RM 3 billion from RM 300 million.

The Securities Commission Malaysia approved the increase on Monday.

The Petaling Jaya, Malaysia-based trust established the Islamic medium-term note program in June 2012, as previously reported.


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