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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