BURSA ANNOUNCEMENTS


 

Date : 26 January 2010

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

AXIS REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectDEALINGS IN UNITS DURING THE CLOSED PERIOD OF AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")
ContentsReference is made to the announcement released on 21 January 2010 on behalf of Lao, Yin Yong Lee, the Director of Axis REIT Managers Berhad ("ARMB" or "Manager"), the management company of Axis-REIT, on the Proposed Dealings in Units during Closed Period.

Pursuant to Paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, ARMB wishes to inform that Lao, Yin Yong Lee has dealt in the units of Axis-REIT during closed period. The details of the dealings are as follows:-

a) Date of Dealings : 25 January 2010
b) Consideration Price : RM1.93/unit
c) No. of units acquired and % : 11,125,500 (3.62) [Indirect]
d) No. of units disposed and % : 34,290,000 (11.17) [Indirect]
e) Balance of units: (please refer to the table below)
Name of Director
Direct
Indirect
No. of Units
%
No. of Units
%
Lao, Yin Yong Lee
400,000
0.13
25,569,100****
8.33

Notes:
**** Deemed interest in Alex Lee Lao's direct and indirect unitholdings in Axis-REIT and the direct unitholdings of Leon Lee Lao, both are his brothers.


Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced26 Jan 2010  
CategoryGeneral Announcement
Reference NoCCS-100126-2A494

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