Axis Reit moots $108m block to pay down debt

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Axis Reit moots $108m block to pay down debt

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Sun rays over the skyscrapers and suburbs of Kuala Lumpur. 5 exposures tonemapped in Photomatix. | mohdnadlyaizat - Fotolia

Malaysia’s Axis Real Estate Investment Trust is planning a placement of new units that could raise some MR465.4m ($108.1m), said the company.

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