Axis REIT Managers Berhad, the management company of Axis-REIT ("Manager) has proposed to distribute 99% from realised income available for distribution generated from operations for the period from 1 January 2024 to 31 March 2024 as the 2024 first interim income distribution of 2.30 sen per unit, which includes a non-taxable portion of approximately 0.47 sen per unit derived from capital allowances, industrial building allowances and tax-exempt profit income which is not subject to tax. The 2024 first interim income distribution will be payable on 31 May 2024 and the book closure date is 8 May 2024.