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Changes in Sub. S-hldr's Int. (29B) - Dato' Tan Heng Chew

BackJan 25, 2010
Date Announced
:
 25/01/2010

 
Name
:
 Dato' Tan Heng Chew
Address
:
21-08-03, Indah Damansara Condo
Jalan Damansara Endah
Damansara Heights
50490 Kuala Lumpur
NRIC/Passport No/Company No.
:
 460531-10-5141
Nationality/Country of incorporation
:
 Malaysian
Descriptions
(Class & nominal value)
:
Ordinary shares of RM1.00 each
Name & address
of registered
holder
:
Parasand Limited("PL")
Level 28, Three Pacific Place
1, Queen's Road East, Hong Kong

 

Details of changes
Currency
:
 Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted ($$)
Acquired
21/01/2010
40,320,000
  
Disposed
21/01/2010
40,320,000
  

 

Circumstances
by reason of which change has occurred
:
Disposal to and acquisition by Tan Chong Consolidation Sdn Bhd ("TCC") from PL, a wholly owned subsidiary of TCC, for the consideration to be paid and fully satisfied by way of set off against the shareholder’s advance made by TCC to PL to fund the initial acquisition of the shares by PL with interest accrued as at 31 December 2009 after obtaining from the Securities Commission the exemption for TCC and parties acting in concert with TCC from the obligation to carry out a mandatory takeover offer on the remaining shares in APM not already owned by them pursuant to Practice Note 2.9.7 of the Malaysian Code on Take-Overs and Mergers 1998, resulting in change in deemed interest by virtue of Section 6A of the Companies Act, 1965
Nature of
interest
:
Indirect
Direct (units)
:
 4,658,399
Direct (%)
:
  
Indirect/deemed interest (units)
:
 95,007,942
Indirect/deemed interest (%)
:
  
Total no of securities after change
:
 99,666,341
Date of notice
:
 25/01/2010

Remarks