NOTIFICATION UNDER CHAPTER 14 OF BURSA SECURITIES' LISTING REQUIREMENTS ON DEALING IN SECURITIES
| AXIS REAL ESTATE INVESTMENT TRUST |
|
Type | Announcement |
| Subject | NOTIFICATION UNDER CHAPTER 14 OF BURSA SECURITIES' LISTING REQUIREMENTS ON DEALING IN SECURITIES |
Contents :
Pursuant to Chapter 14 of the Bursa Securities’ Listing Requirements on Dealing in Securities, Axis REIT Managers Berhad ("ARMB" or "Company"), the management company of Axis Real Estate Investment Trust ("AREIT") wishes to announce that the Company had received notification(s) from the following Director in relation to the dealings in units, the details are as follows:-
Name of Director/Principal Officer | Date of Transaction | Total No. of units Acquired/Disposed | % of Issued units | Total Consideration (RM) | ||
 | | Direct | Indirect | Direct | Indirect | |
Dato' Mohamed Salleh Bajuri | 4/8/2005 - 20/9/2005 | (50,000) | (300,000)* | 0.02 | 0.15* | Please refer to remarks mentioned hereinbelow |
*Deemed interested through his shareholdings in PAMS Holdings Sdn Bhd, PAMS Corporation Sdn Bhd and the interest of the spouse.
Remarks:-
Detail of movement of the Director’s dealing in units:-
| Number of units Direct | Number of units Indirect | Total Consideration (RM) |
| Number of units acquired | 500,000 | - | (692,470.00) |
| Number of units disposed | (150,000) | - | 248,562.30 |
| Number of units transferred from his direct interest to his spouse | (100,000) | 100,000 | - |
| Number of units transferred from his direct interest to PAMS Holdings Sdn Bhd and PAMS Corporation Sdn Bhd | (200,000) | 200,000 | 298,705.00 |
| Total No. of units Acquired/ Disposed | -------------- 50,000 ======== | --------------- 300,000 ========= | |
| | | |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 20 Dec 2005 |
| Category | General Announcement |
| Reference No | CC-051220-42F8B |
