BURSA ANNOUNCEMENTS


 

Date : 27 January 2010

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

Amended Announcements
Please refer to the earlier announcement reference number: CCS-100126-2A47E

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 Alex Lee Lao, the Alternate 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 Alex Lee Lao 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) [direct]
d) No. of units disposed and % : 34,290,000 (11.17) [indirect]
e) Balance of units: (please refer to the table below)
Name of Alternate Director
Direct
Indirect
No. of Units
%
No. of Units
%
Alex Lee Lao
23,819,100
7.76
2,150,000***
0.70

Notes:
*** Deemed interested through his shareholdings in Baiduri Kemas Sdn Bhd (in members' voluntary liquidation), Crystal Properties Sdn Bhd (in members' voluntary liquidation) and Prestigious Landmarks Sdn Bhd (in members' voluntary liquidation), all are unitholders of Axis-REIT as well as the unitholdings of his brothers, Lao, Yin Yong Lee and Leon Lee Lao.

Remarks: Description to the nature of indirect interest of Alex Lee Lao has been amended.


Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced27 Jan 2010  
CategoryGeneral Announcement
Reference NoCCS-100127-47468

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