Change in Boardroom
AXIS REAL ESTATE INVESTMENT TRUST |
Date of change | 30/12/2011 |
Type of change | Resignation |
Designation | Non-Executive Director |
Directorate | Non Independent & Non Executive |
Name | Lao, Yin Yong Lee |
Age | 59 |
Nationality | Filipino |
Qualifications | Bachelor of Arts Degree |
Working experience and occupation | He is a Director of a public listed company, Chemrez Technologies, Inc. since 2006, as well as the following private companies in Manila: D&L Industries, Inc., Chemrez Inc., Aero-Pack Industries, Inc., FIC Marketing Co., Inc., First in Colours, Incorporated, Oleo-Fats, Inc. and LBL Industries, Inc. Prior to his appointment as President of D&L Industries, Inc., and LBL Industries, Inc., he held the position of Treasurer in the companies he has directorships over a period of 7 to 12 years. |
Directorship of public companies (if any) | Nil |
Family relationship with any director and/or major shareholder of the listed issuer | He is the brother of Alex Lee Lao, who is an Alternate Director to Dato' Abas Carl Gunnar bin Abdullah, the Executive Deputy Chairman of Axis REIT Managers Berhad, the management company of Axis Real Estate Investment Trust ("Axis-REIT") and a substantial unitholder of Axis-REIT. |
Any conflict of interests that he/she has with the listed issuer | Nil |
Details of any interest in the securities of the listed issuer or its subsidiaries | (1) 403,304 units (0.09%) in Axis-REIT (direct interest) (2) 25,780,973 units (5.68%) in Axis-REIT (indirect interest) |
Remarks : |
The indirect interest of Mr Lao, Yin Yong Lee as indicated above is by virtue of his deemed interest in the direct and indirect unitholdings of his brothers, Alex Lee Lao and Leon Lee Lao. |
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 30 Dec 2011 |
Category | Change in Boardroom |
Reference No | CCS-111230-8A9A8 |