BURSA ANNOUNCEMENTS


 

Date : 01 November 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 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 and Alternate Director in relation to their proposed dealings in units of Axis-REIT during the closed period of Axis-REIT, the details are as follows:-

Name of Director / Alternate Director
Direct
Indirect
No. of Units
%
No. of Units
%
Lao, Yin Yong Lee (Director)
-
-
49,733,600*
24.15
Alex Lee Lao (Alternate Director)
14,693,600
7.14
35,040,000**
17.02

Notes:
* Deemed interested in the direct and indirect unitholdings of his brother, Alex Lee Lao, in Axis-REIT.

** Deemed interested through his shareholdings in Axis Equities Sdn Bhd^, Crystal Properties Sdn Bhd and Prestigious Landmarks Sdn Bhd, both are unitholders 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.

This announcement is dated 1 November 2007.



Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced1 Nov 2007  
CategoryGeneral Announcement
Reference NoCC-071101-1BE0A

Back