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News

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