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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 3 March 2006 on behalf of Dato' Abas Carl Gunnar Bin Abdullah and Lim Kian Thiam, the Directors of Axis REIT Managers Berhad ("ARMB" or "Company"), the management company of Axis-REIT.


Pursuant to Paragraph 14.08(c) of the Listing Requirements of Bursa Malaysia Securities Berhad, ARMB wishes to inform that one of the corporations in which both the abovementioned Directors are deemed interested has dealt in the units of Axis-REIT during closed period. The details of the dealings are as follows:-

a) Date of Dealings : 7 March 2006
b) Consideration Price : RM1.70/unit
c) No. of units disposed and % : 1,900,000 (0.92%)
d) Balance of units:


Name of Director
Direct
Indirect
No. of Units
%
No. of Units
%
Dato' Abas Carl Gunnar Bin Abdullah
124,000
0.06
30,800,000*
14.96
Lim Kian Thiam
-
-
97,500,000**
47.35
* Deemed interested by virtue of his shareholdings in Axis Equities Sdn Bhd.
** Deemed interested by virtue of his shareholdings in Axis Equities Sdn Bhd, Pet Resins (M) Sdn Bhd, Salperton Holdings Sdn Bhd, Infinite Centre Sdn Bhd and Pet Film (M) Sdn Bhd.


Announcement Info

Company NameAXIS REAL ESTATE INVESTMENT TRUST  
Stock Name AXREIT    
Date Announced7 Mar 2006  
CategoryGeneral Announcement
Reference NoCC-060307-42168



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