SUNWAY-WB

1.950

-0.01 (-0.5%)

Changes in Director's Interest (Section 219 of CA 2016)

SUNWAY BERHAD

Information Compiled By KLSE

Particulars of Director

Name MADAM SARENA CHEAH YEAN TIH
Descriptions(Class) Warrants 2017/2024 ("Warrants")

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
11/11/2020
41,543
Others
Direct Interest
Name of registered holder Sarena Cheah Yean Tih
Description of "Others" Type of Transaction Adjustment
Consideration (if any)
11/11/2020
25,631,791
Others
Indirect Interest
Name of registered holder Sungei Way Corporation Sdn Bhd
Description of "Others" Type of Transaction Adjustment
Consideration (if any)
11/11/2020
21
Others
Indirect Interest
Name of registered holder Tan Yit Chong
Description of "Others" Type of Transaction Adjustment
Consideration (if any)
11/11/2020
2,045,194
Others
Indirect Interest
Name of registered holder Tan Sri Dato' Seri Dr Jeffrey Cheah Fook Ling AO
Description of "Others" Type of Transaction Adjustment
Consideration (if any)

Circumstances by reason of which change has occurred
Adjustment to the number of outstanding Warrants in Sunway Berhad ("Sunway" or the "Company") in accordance with the provisions of the Deed Poll dated 19 September 2017 constituting the Warrants, pursuant to the renounceable rights issue of up to 1,112,777,962 new irredeemable convertible preference shares ("ICPS") in the Company at an issue price of RM1.00 per ICPS on the basis of one ICPS for every five existing ordinary shares in Sunway held by the entitled shareholders at 5.00 p.m. on 6 November 2020. ("Adjustment")
Nature of interest
Direct and Indirect Interest

Total no of securities after change

Direct (units) 703,065
Direct (%) 0.110
Indirect/deemed interest (units) 468,393,711
Indirect/deemed interest (%) 69.960
Date of notice 16/11/2020
Date notice received by Listed Issuer 16/11/2020


Remarks :
Deemed interest by virtue of Section 8 of the Companies Act 2016 held through Active Equity Sdn Bhd, Sungei Way Corporation Sdn Bhd, spouse and parent.


Announcement Info

Company Name SUNWAY BERHAD
Stock Name SUNWAY-WB
Date Announced 16 Nov 2020
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-15112020-00003