LIONIND: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DISPOSAL BY AMSTEEL MILLS SDN BHD (AMSTEEL MILLS OR THE VENDOR), A 99% OWNED SUBSIDIARY OF LICB TO RHB TRUSTEES BERHAD ACTING AS THE TRUSTEE FOR AXIS REAL ESTATE INVESTMENT TRUST (AXIS-REIT) (RHB TRUSTEES OR THE PURCHASER) OF THE FOLLOWING: (i) 2 PIECES OF LEASEHOLD INDUSTRIAL LAND HELD UNDER HS(D) 17795 PT 3494 (NOW KNOWN AS LOT NO. 25170) WITH THE BUILDINGS ERECTED THEREON TOGETHER WITH THE FIXTURES AND FITTINGS ATTACHED THERETO AND HS(D) 31354 PT 17631 (NOW KNOWN AS LOT NO. 26953), BOTH LOCATED IN MUKIM OF KAPAR, DISTRICT OF KLANG, STATE OF SELANGOR FOR A TOTAL DISPOSAL CONSIDERATION OF RM313,000,000 TO BE SATISFIED ENTIRELY IN CASH AND THE SUBSEQUENT LEASEBACK BY AMSTEEL MILLS; AND (ii) A PIECE OF LEASEHOLD INDUSTRIAL LAND HELD UNDER HS(D) 119721 PT 59358 (NOW KNOWN AS LOT 62610), LOCATED IN MUKIM OF KAPAR, DISTRICT OF KLANG, STATE OF SELANGOR FOR A DISPOSAL CONSIDERATION OF RM38,800,000 TO BE SATISFIED ENTIRELY IN CASH. (COLLECTIVELY KNOWN AS PROPOSED DISPOSALS)

LIONIND：致股东的通函，内容涉及AMSTEEL MILLS SDN BHD（AMSTEEL MILLS或卖方）（AMSTEEL MILLS或卖方）向作为安讯士房地产投资信托基金（AXIS-REIT）（RhB受托人或买方）受托人的Rb受托人持有的2块根据HS（D）17795 Pt 3494持有的租赁工业用地（现为被称为地段编号 25170），上面建有建筑物及其附属装置和配件，以及 HS (D) 31354 Pt 17631（现称为第 26953 号地块），均位于 MuKim OF雪兰莪州巴生区KAPAR，出售对价总额为313,000,000令吉，将完全以现金支付，随后由AMSTEEL钢厂回租支付；以及 (ii) 根据HS (D) 119721 Pt 59358（现称为LoT 62610）持有的一块租赁工业用地，位于雪兰莪州巴生区卡帕尔穆基姆对于38,800,000令吉的出售对价，将完全以现金支付。（统称为拟议出售）