Notice of Person Ceasing (29C) - Parasand Limited ("Parasand")

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

 

Particulars of substantial Securities Holder
Name
:
Parasand Limited ("Parasand")
Address
:
Level 28 Three Pacific Place
1 Queen's Road East, Hong Kong
NRIC/Passport No/Company No.
:
267895
Nationality/Country of incorporation
:
Hong Kong
Descriptions
(Class & nominal value)
:
Ordinary shares of RM1.00 each
Date of cessation
:
21/01/2010
Name & address
of registered
holder
:
Parasand Limited ("PL")
Currency
:
Malaysian Ringgit (MYR)
Number of securities disposed
:
40,320,000
Price Transacted ($$)
:
 
Circumstances
by reason of which a person ceases to be a substantial Securities
Holder
:
Disposal to the holding company, Tan Chong Consolidation Sdn Bhd("TCC"),for the consideration to be paid and fully satisfied by way of set off against the shareholder’s advance made by TCC to Parasand to fund the initial acquisition of the shares by Parasand with interest accrued as at 31 December 2009.
Nature of
interest
:
Direct interest
Date of notice
:
25/01/2010

 

Remarks