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DEALINGS IN UNITS DURING THE CLOSED PERIOD OF AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")

AXIS REAL ESTATE INVESTMENT TRUST

Type

Announcement
SubjectDEALINGS IN UNITS DURING THE CLOSED PERIOD OF AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")

Contents :

Reference is made to the announcement released on 16 April 2007 on behalf of Tew Peng Hwee @ Teoh Peng Hwee, the Director of Axis REIT Managers Berhad ("ARMB" or "Company"), the management company of Axis-REIT, on the Proposed Dealings in Units during Closed Period.


Pursuant to Paragraph 14.08(c) of the Listing Requirements of Bursa Malaysia Securities Berhad, ARMB wishes to inform that Tew Peng Hwee @ Teoh Peng Hwee has dealt in the units of Axis-REIT during closed period. The details of the dealings are as follows:-

a) Date of Dealings : 14 June 2007
b) Consideration Price for acquisition and disposal: RM2.01/unit respectively
c) No. of units acquired and % : 707,500 (0.34%) [direct]
d) No. of units disposed and % : 1,415,000 (0.69%) [indirect]
e) Balance of units:

Name of Director
Direct
Indirect
No. of Units
%
No. of Units
%
Tew Peng Hwee @
Teoh Peng Hwee
11,273,600
5.48
65,090,000*
31.61

* Deemed interested through his shareholdings in Pet Resins (M) Sdn Bhd ^^, Salperton Holdings Sdn Bhd ^^^ and Crystal Properties Sdn Bhd, a unitholder of Axis-REIT.

^^ Pet Resins (M) Sdn Bhd has a substantial interest in Axis Development Sdn Bhd, a company having a substantial interest in Baiduri Kemas Sdn Bhd, a substantial unitholder of Axis-REIT.

^^^ Salperton Holdings Sdn Bhd is the holding company of Prestigious Landmarks Sdn Bhd, a substantial unitholder of Axis-REIT.


Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced14 Jun 2007  
CategoryGeneral Announcement
Reference NoCC-070614-61904





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