PROPOSED DEALINGS IN UNITS DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subject | PROPOSED DEALINGS IN UNITS DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08 OF THE MAIN MARKET LISTING REQUIREMENTS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Contents | Pursuant to Paragraph 14.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad on Dealings during Closed Periods, Axis REIT Managers Berhad ("ARMB" or "Manager"), the management company of Axis Real Estate Investment Trust ("Axis-REIT") wishes to announce that the Manager has received notifications from the following Directors, Alternate Director and Principal Officers of ARMB in relation to their proposed dealings in units of Axis-REIT during the closed period of Axis-REIT, the details are tabulated as follows:- | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Notes: * Deemed interested through his shareholdings in Axis Equities Sdn Bhd^, Crystal Properties Sdn Bhd (in members' voluntary liquidation) and Prestigious Landmarks Sdn Bhd (in members' voluntary liquidation), both are unitholders of Axis-REIT, and interest held by his spouse. ** Deemed interested through his shareholdings in Pet Resins (M) Sdn Bhd^^, Crystal Properties Sdn Bhd (in members' voluntary liquidation) and Prestigious Landmarks Sdn Bhd (in members' voluntary liquidation), both are unitholders of Axis-REIT. *** Deemed interested in the direct and indirect interest of Alex Lee Lao, and the direct interest of Leon Lee Lao, both are his brothers. **** Deemed interested through his shareholdings in Axis Equities Sdn Bhd^, Crystal Properties Sdn Bhd (in members' voluntary liquidation) and Prestigious Landmarks Sdn Bhd (in members' voluntary liquidation), both are unitholders of Axis-REIT, and interest held by his brothers, Lao, Yin Yong Lee and Leon Lee Lao. ^ 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 a 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. This announcement is dated 2 November 2009. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 2 Nov 2009 |
Category | General Announcement |
Reference No | CCS-091102-26541 |