BURSA ANNOUNCEMENTS

 

Date : 13 September 2012

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS): FUND RAISING AXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR “FUND”) PROPOSED AUTHORITY TO ALLOT AND ISSUE UP TO 20% OF THE ISSUED FUND SIZE OF AXIS-REIT (“PROPOSED AUTHORITY 1”)

AXIS REAL ESTATE INVESTMENT TRUST

TypeAnnouncement
SubjectNEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
DescriptionAXIS REAL ESTATE INVESTMENT TRUST (“AXIS-REIT” OR “FUND”)

PROPOSED AUTHORITY TO ALLOT AND ISSUE UP TO 20% OF THE ISSUED FUND SIZE OF AXIS-REIT (“PROPOSED AUTHORITY 1”)

(Unless otherwise stated, definitions used in this announcement shall carry the same meanings as defined in the announcement dated 14 June 2012).

 

We refer to the announcement dated 14 June 2012 in relation to, amongst others, the Proposed Authority 1.

 

On behalf of the Board, Maybank IB is pleased to announce that the Manager received letters of intention from the Interested Persons (as defined herein) to subscribe for the Placement Units (“Proposed Subscriptions”) as follows:

 

 

Name

Interest in the Manager/Fund

No. of Placement Units

 

 

 

 

(i)

Dato’ Abas Carl Gunnar bin Abdullah (“Dato’ Abas”)

Dato’ Abas, the Executive Deputy Chairman of the Manager is also one of the ultimate major shareholders of the Manager and a Unitholder, having an indirect interest of 100% in the Manager and a direct interest of 3.65% in the Fund as at 3 September 2012

Up to 200,000 Placement Units

 

 

 

 

(ii)

Datin Ka Ya-Shih (also known as Datin Kuyas Emiloglu)

Datin Ka Ya-Shih, who is the spouse of Dato’ Abas is also a Unitholder of the Fund, having a direct interest of 1.07% in the Fund as at 3 September 2012

Up to 100,000 Placement Units

 

 

 

 

(iii)

Tew Peng Hwee @ Teoh Peng Hwee

Tew Peng Hwee @ Teoh Peng Hwee, the Non-Independent Non-Executive Director of the Manager is also one of the ultimate major shareholders of the Manager and a substantial Unitholder, having an indirect interest of 100% in the Manager and a direct interest of 5.95% in the Fund as at 3 September 2012

Up to 200,000 Placement Units

 

 

 

 

 

(iv)

 

George Stewart LaBrooy

 

 

George Stewart LaBrooy, the Executive Director/ Chief Executive Officer of the Manager is also a Unitholder of the Fund, having a direct interest of 0.04% in the Fund as at 3 September 2012

Up to 50,000 Placement Units

 

 

 

 

 

(v)

 

 

Alex Lee Lao

 

Alex Lee Lao, an alternate director to Dato’ Abas is also one of the ultimate major shareholders of the Manager and a substantial Unitholder, having an indirect interest of 100% in the Manager and a direct interest of 5.34% in the Fund as at 3 September 2012

Up to 250,000 Placement Units

 

 

 

 

(vi)

 

Dean Lee Lao

 

Dean Lee Lao, is a brother of Alex Lee Lao. He does not have any interest, direct or indirect, in the Manager and the Fund as at 3 September 2012

Up to 1,050,000 Placement Units

 

 

 

 

(vii)

 

 

John Lee Lao

 

John Lee Lao, who is a brother of Alex Lee Lao is also a Unitholder of the Fund, having a direct interest of 0.07% in the Fund as at 3 September 2012

Up to 550,000 Placement Units

 

(Collectively referred to as “Interested Persons”)

 

This announcement is dated 13 September 2012.

Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced13 Sept 2012  
CategoryGeneral Announcement
Reference NoMI-120913-68944

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