BURSA ANNOUNCEMENTS


 

Date : 25 January 2007

DEALINGS IN UNITS DURING THE CLOSED PERIOD OF AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")

AXIS REAL ESTATE INVESTMENT TRUST

Type

Announcement
SubjectDEALINGS IN UNITS DURING THE CLOSED PERIOD OF AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")

Contents :

Reference is made to the announcement released on 19 January 2007 on behalf of Dato' Abas Carl Gunnar Bin Abdullah, Tew Peng Hwee @ Teoh Peng Hwee, Lim Kian Thiam and Alex Lee Lao, the Directors and Alternate Director of Axis REIT Managers Berhad ("ARMB" or "Company"), the management company of Axis-REIT, on the Proposed Dealings in Units during Closed Period.


Pursuant to Paragraph 14.08(c) of the Listing Requirements of Bursa Malaysia Securities Berhad, ARMB wishes to inform that Dato' Abas Carl Gunnar Bin Abdullah, Tew Peng Hwee @ Teoh Peng Hwee and Alex Lee Lao have dealt in the units of Axis-REIT during closed period. The details of the dealings are as follows:-

a) Date of Dealings : 25 January 2007
b) Consideration Price : RM1.77 /unit
c) No. of units disposed and % : 25,000,000 (12.14%)
d) No. of units acquired and % : 23,750,000 (11.53%)
e) Balance of units:

Name of Directors/Alternate Director
Direct
Indirect
No. of Units
%
No. of Units
%
Dato' Abas Carl Gunnar Bin Abdullah
    7,648,500
3.71
      36,800,000*
17.87
Tew Peng Hwee @
Teoh Peng Hwee
    11,320,000
5.50
      66,735,000**
32.41
Alex Lee Lao
    7,700,000
3.74
      2,750,000***
1.34

* Deemed interested through his shareholdings in Axis Equities Sdn Bhd ^ and Crystal Properties Sdn Bhd, a unitholder of Axis-REIT.

** Deemed interested through his shareholdings in Pet Resins (M) Sdn Bhd ^^, Salperton Holdings Sdn Bhd ^^^, Crystal Properties Sdn Bhd and Infinite Centre Sdn Bhd, both are unitholders of Axis-REIT.

*** Deemed interested through his shareholdings in Crystal Properties Sdn Bhd, a unitholder of Axis-REIT.

^ Axis Equities Sdn Bhd is the ultimate holding company of T. S. Property Development Sdn Bhd. T. S. Property Development Sdn Bhd has a substantial interest in Axis Development Sdn Bhd which in turn has substantial interest in Baiduri Kemas Sdn Bhd, a substantial unitholder of Axis-REIT.

^^ Pet Resins (M) Sdn Bhd has a substantial interest in Axis Development Sdn Bhd, a company having a substantial interest in Baiduri Kemas Sdn Bhd, a substantial unitholder of Axis-REIT.

^^^ Salperton Holdings Sdn Bhd is the holding company of Prestigious Landmarks Sdn Bhd, a substantial unitholder of Axis-REIT.



Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced25 Jan 2007  
CategoryGeneral Announcement
Reference NoCC-070125-28212

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