PROPOSED DEALINGS IN UNITS DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08 OF BURSA MALAYSIA SECURITIES BERHAD'S ("BURSA SECURITIES") LISTING REQUIREMENTS
AXIS REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | PROPOSED DEALINGS IN UNITS DURING CLOSED PERIOD PURSUANT TO PARAGRAPH 14.08 OF BURSA MALAYSIA SECURITIES BERHAD'S ("BURSA SECURITIES") LISTING REQUIREMENTS |
Contents :
Pursuant to Paragraph 14.08 of Bursa Securities’ Listing Requirements on Dealing in Securities, Axis REIT Managers Berhad ("ARMB" or "Company"), the management company of Axis Real Estate Investment Trust ("Axis-REIT") wishes to announce that the Company has received notifications from the following Director and Alternate Director in relation to their proposed dealings in units of Axis-REIT during the closed period of Axis-REIT, the details are as follows:-
Name of Director / Alternate Director | Direct | Indirect | ||
![]() | No. of Units | % | No. of Units | % |
Lao, Yin Yong Lee (Director) | - | - | 49,733,600* | 24.15 |
Alex Lee Lao (Alternate Director) | 14,693,600 | 7.14 | 35,040,000** | 17.02 |
Notes:
* Deemed interested in the direct and indirect unitholdings of his brother, Alex Lee Lao, in Axis-REIT.
** Deemed interested through his shareholdings in Axis Equities Sdn Bhd^, Crystal Properties Sdn Bhd and Prestigious Landmarks Sdn Bhd, both are unitholders of Axis-REIT.
^ Axis Equities Sdn Bhd is the ultimate holding company of T.S. Property Development Sdn Bhd. T.S. Property Development Sdn Bhd has a substantial interest in Axis Development Sdn Bhd which in turn has substantial interest in Baiduri Kemas Sdn Bhd, a substantial unitholder of Axis-REIT.
This announcement is dated 1 November 2007.
Announcement Info
Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
Stock Name | AXREIT |
Date Announced | 1 Nov 2007 |
Category | General Announcement |
Reference No | CC-071101-1BE0A |