Changes in Sub. S-hldr's Int. (29B) - Tan Chong Consolidated Sdn Bhd ("TCC")

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

 

Name
:
Tan Chong Consolidated Sdn Bhd ("TCC")
Address
:
62-68, Jalan Ipoh
51200 Kuala Lumpur
Malaysia
NRIC/Passport No/Company No.
:
14613-H
Nationality/Country of incorporation
:
Malaysian
Descriptions
(Class & nominal value)
:
Ordinary shares of RM1.00 each
Name & address
of registered
holder
:
Parasand Limited ("PL")

 

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
 

 

Circumstances
by reason of which change has occurred
:
Acquisition by 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
Nature of
interest
:
Direct interest
Direct (units)
:
65,239,754
Direct (%)
:
 
Indirect/deemed interest (units)
:
18,228,988
Indirect/deemed interest (%)
:
 
Total no of securities after change
:
83,468,742
Date of notice
:
25/01/2010

Remarks
Indirect interest held as follows:-

1. HSBC Nominees (Tempatan) Sdn Bhd Exempt AN for
HSBC (Malaysia) (D09-6061)
( as to voting rights only) - 18,228,988 shares