Change in Audit Committee
| AXIS REAL ESTATE INVESTMENT TRUST |
|
Date of change | 23/10/2007 |
| Type of change | Appointment |
| Designation | Chairman of Audit Committee |
| Directorate | Independent & Non Executive |
| Name | YAM Tunku Dato' Seri Shahabuddin Bin Tunku Besar Burhanuddin |
| Age | 72 |
| Nationality | Malaysian |
| Qualifications | Bachelor of Science (Economics) |
| Working experience and occupation | He has been the Executive Chairman of Kompakar E Systems Sdn Bhd and Kompakar Inc Berhad (formerly known as Sistem Kompakar Sdn Bhd) since 1989 |
| Directorship of public companies (if any) | 1. Iris Corporation Berhad 2. Kompakar Inc Berhad |
| Family relationship with any director and/or major shareholder of the listed issuer | Nil |
| Details of any interest in the securities of the listed issuer or its subsidiaries | 10,000 units of Axis Real Estate Investment Trust (direct interest) |
| Composition of Audit Committee (Name and Directorate of members after change) | 1. YAM Tunku Dato' Seri Shahabuddin Bin Tunku Besar Burhanuddin (Independent Non-Executive Chairman) 2. Mohd Sharif Bin Hj Yusof (Independent Non-Executive Member) 3. Lao, Yin Yong Lee (Non-Independent Non-Executive Member) |
| Remarks : |
| Paragraph 8.38 of the Listing Requirements stipulated that the provisions relating to Audit Committee i.e. Part C of Chapter 15 of the Listing Requirements, do not apply to real estate investment trusts. However, Axis-REIT Managers Berhad, the management company of Axis Real Estate Investment Trust has been adopting the best practice of having an Audit Committee on a voluntary basis. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 23 Oct 2007 |
| Category | Change in Audit Committee |
| Reference No | CC-071023-1E08D |
