Change in Audit Committee
| AXIS REAL ESTATE INVESTMENT TRUST |
|
Date of change | 23/10/2007 |
| Type of change | Appointment |
| Designation | Member of Audit Committee |
| Directorate | Independent & Non Executive |
| Name | Mohd Sharif Bin Hj Yusof |
| Age | 68 |
| Nationality | Malaysian |
| Qualifications | Fellow of the Institute of Chartered Accountants in England & Wales |
| Working experience and occupation | 1. Senior Accountant in Anglo Oriental Sdn Bhd (1972-1973) 2. Corporate Finance Officer in Bumiputra Merchant Bankers Berhad (1973-1977) 3. Senior Vice-President Finance/Company Secretary in British American Life & General Insurance Co Berhad (1977-1989) 4. Currently, Director of Setia Raya Sdn Bhd (family-owned company since 1989) |
| Directorship of public companies (if any) | 1. APM Automotive Holdings Berhad 2. Ireka Corporation Berhad 3. Kemayan Corporation Berhad 4. Amanah Capital Malaysia Berhad (In Liquidation) 5. Asia Unit Trusts 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 | Nil |
| 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-071023-1E08C |
