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Dealings in Units during the closed period of Axis Real Estate Investment Trust ("AXIS-REIT") |
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Announcements 2010
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| General Announcement |
| Reference No CCS-100126-2A494 |
| Submitting Merchant Bank |
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| Company Name |
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AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name |
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AXREIT |
| Date Announced |
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26/01/2010 |
| Type |
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Announcement |
| Subject |
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| DEALINGS IN UNITS DURING THE CLOSED PERIOD OF AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") |
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| Contents |
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Reference is made to the announcement released on 21 January 2010 on behalf of Lao, Yin Yong Lee, the Director of Axis REIT Managers Berhad ("ARMB" or "Manager"), the management company of Axis-REIT, on the Proposed Dealings in Units during Closed Period.
Pursuant to Paragraph 14.08(d) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, ARMB wishes to inform that Lao, Yin Yong Lee has dealt in the units of Axis-REIT during closed period. The details of the dealings are as follows:-
a) Date of Dealings : 25 January 2010
b) Consideration Price : RM1.93/unit
c) No. of units acquired and % : 11,125,500 (3.62) [Indirect]
d) No. of units disposed and % : 34,290,000 (11.17) [Indirect]
e) Balance of units: (please refer to the table below)
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Announcement Details :
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Name of Director
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Direct
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Indirect
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No. of Units
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%
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No. of Units
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%
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Lao, Yin Yong Lee
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400,000
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0.13
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25,569,100****
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8.33
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Notes:
**** Deemed interest in Alex Lee Lao's direct and indirect unitholdings in Axis-REIT and the direct unitholdings of Leon Lee Lao, both are his brothers.
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© 2010, Bursa Malaysia Berhad. All Rights Reserved.
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