News

Changes in Director's Interest (S135) - Dato' Tan Heng Chew

Date Announced

:

25/01/2010

Information Compiled By Bursa Malaysia

Particulars of Director

Name	:	Dato' Tan Heng Chew
Address	:	21-08-03, Indah Damansara Condo Jalan Damansara Endah Damansara Heights 50490 Kuala Lumpur
Descriptions(Class & nominal value)	:	Ordinary shares of RM1.00 each

 

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 Parasand Limited("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
Consideration (if any)	:

Total no of securities after change
Direct (units)	:	4,658,399
Direct (%)	:
Indirect/deemed interest (units)	:	97,226,450
Indirect/deemed interest (%)	:
Date of notice	:	25/01/2010
Remarks
Indirect/deemed interest includes 2,218,508 shares held by spouse.