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News

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