Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
HWANG CAPITAL (MALAYSIA) BERHAD |
Particulars of substantial Securities Holder
Name | MR HWANG LIP TEIK |
Nationality/Country of incorporation | Malaysia |
Descriptions (Class) | Ordinary Shares |
Details of changes
No | Date of change | No of securities |
Type of Transaction | Nature of Interest |
15 Nov 2017 | 10,390,119 |
Others | Direct Interest | |
Name of registered holder | Hwang Lip Teik | |||
Description of "Others" Type of Transaction | SCR | |||
15 Nov 2017 | 156,101,781 |
Others | Indirect Interest | |
Name of registered holder | Hwang Enterprises Sdn Bhd | |||
Description of "Others" Type of Transaction | SCR |
Circumstances by reason of which change has occurred | Pursuant to the selective capital reduction and repayment exercise (SCR), 88,667,000 shares held by the entitled shareholders were cancelled on 15 November 2017 (Cancellation). As a result of the Cancellation:- (a) the direct interest held by Hwang Lip Teik (in respect of the shares which are not cancelled pursuant to the SCR) has increased from 4.07% to 6.24%; and (b) the indirect interest of Hwang Lip Teik which is held through Hwang Enterprises Sdn Bhd (in respect of the shares which are not cancelled pursuant to the SCR) has increased from 61.18% to 93.76%. |
Nature of interest | Direct and Indirect Interest |
Direct (units) | 10,390,119 |
Direct (%) | 6.24 |
Indirect/deemed interest (units) | 156,101,781 |
Indirect/deemed interest (%) | 93.76 |
Total no of securities after change | 166,491,900 |
Date of notice | 17 Nov 2017 |
Date notice received by Listed Issuer | 17 Nov 2017 |
Announcement Info
Company Name | HWANG CAPITAL (MALAYSIA) BERHAD |
Stock Name | HWANG |
Date Announced | 17 Nov 2017 |
Category | Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
Reference Number | CS2-15112017-00057 |