Axis Real Estate Investment Trust (5106.KL)

1.9000 -0.0200 (-1.04%) At close: 04:50PM MYT

Axis Real Estate Investment Trust

Penthouse Menara Axis
No. 2, Jalan 51A/223, Section 51A
Petaling Jaya 46100
Malaysia
603 7958 4882
https://www.axis-reit.com.my

Sector(s): Real Estate
Industry: REIT - Diversified
Full-time employees: 80

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Carl Gunnar Myhre	Non-Independent Executive Chairman of Axis REIT Managers Berhad	N/A	N/A	1960
Ms. Kit May Leong	CEO & Executive Director of Axis REIT Managers Berhad	N/A	N/A	1977
Ms. Choy Tip Ng	Chief Financial Officer of Axis REIT Managers Berhad	N/A	N/A	1978
Mr. Kee Hong Tan	Head of Investments - Axis REIT Managers Berhad	N/A	N/A	1987
Ms. Tze Wee Chan	Senior Manager of Investor Relations & Business Development of Axis REIT Managers Berhad	N/A	N/A	1980
Ms. Siew Kwan Leong	Company Secretary & Head of Compliance - Axis REIT Managers Berhad	N/A	N/A	1979
Ms. Ay Keean Low	Human Resources Manager of Axis REIT Managers Berhad	N/A	N/A	1975
Ms. Chong Lian Law	Head of Real Estate - Axis REIT Managers Berhad	N/A	N/A	1965
Mr. Siva Shankar Palany	Head of Facilities Management - Axis Facilities Management Sdn Bhd	N/A	N/A	1973
Ms. Yen Fern Loh	Head of Project Management - Axis Facilities Management Sdn Bhd	N/A	N/A	1972

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

Axis Real Estate Investment Trust (“Axis-REIT”), Malaysia's first real estate investment trust, was listed on Bursa Securities on 3 August 2005. Having been reclassified as an Islamic REIT on 11 December 2008, all acquisitions by Axis-REIT are Shariah compliant. It currently has a diverse portfolio of 62 properties strategically located in the Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah. Axis REIT Managers Berhad is the Manager of Axis-REIT while RHB Trustees Berhad is the latter's trustee. Axis-REIT has a solid industrial space portfolio where 93% of the properties are on industrial titles. As at 30 June 2023, the occupancy rate of Axis-REIT's portfolio stood at 89% with a weighted average lease expiry period of 5 years, based on rental. As at 30 June 2023, the space under management is 12.7 million square feet and total asset value of RM4.4 billion.

Corporate governance

Axis Real Estate Investment Trust’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.