BURSA ANNOUNCEMENTS


 

Date : 18 April 2007

PROPOSED DEALINGS IN UNITS DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08 OF BURSA MALAYSIA SECURITIES BERHAD'S ("BURSA SECURITIES") LISTING REQUIREMENTS

AXIS REAL ESTATE INVESTMENT TRUST

Type

Announcement
SubjectPROPOSED DEALINGS IN UNITS DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08 OF BURSA MALAYSIA SECURITIES BERHAD'S ("BURSA SECURITIES") LISTING REQUIREMENTS

Contents :

Pursuant to Paragraph 14.08 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 ("Axis-REIT") wishes to announce that the Company has received notifications from the following Director/Alternate Director in relation to the proposed dealings in units of Axis-REIT, the details are as follows:-

Name of Director/Alternate Director
Direct
Indirect
No. of Units
%
No. of Units
%
Alex Lee Lao
7,700,000
3.74
36,800,000*
17.87
Lim Kian Thiam
2,500,000
1.21
63,985,000**
31.08

Notes:

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

** Deemed interested through his shareholdings in Axis Equities Sdn Bhd ^, Pet Resins (M) Sdn Bhd ^^, Salperton Holdings Sdn Bhd ^^^ and Infinite Centre 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 Announced18 Apr 2007  
CategoryGeneral Announcement
Reference NoCC-070418-D530A

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