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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 18 April 2007 on behalf of Lim Kian Thiam, 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 Lim Kian Thiam 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
%
Lim Kian Thiam
    3,207,500
1.56
      62,340,000*
30.28

* Deemed interested through his shareholdings in Pet Resins (M) Sdn Bhd^ and Salperton Holdings Sdn Bhd^^.

^ 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-070614-61903





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