SAPCRES

5.070

(%)

Notice of Person Ceasing (29C)

SAPURACREST PETROLEUM BERHAD

Particulars of Substantial Securities Holder

Name Tan Sri Dato' Seri Ir. Shamsuddin bin Abdul Kadir
Nationality/Country of incorporation Malaysian
Descriptions (Class & nominal value)
Ordinary shares of RM0.20 each
Date of cessation 17/10/2007
No of securities disposed
Price Transacted ($$)
Circumstances by reason of which a person ceases to be a substantial Securities Holder
Transfer of Tan Sri Dato' Seri Ir. Shamsuddin bin Abdul Kadir's ("Tan Sri") entire shareholding in Sapura Holdings Sdn Bhd ("SHSB") to Brothers Capital Sdn Bhd ("Brothers Capital"). The directors and shareholders of Brothers Capital are Datuk Shahril bin Shamsuddin and Shahriman bin Shamsuddin. 

Tan Sri was deemed interested by virtue of being a substantial shareholder of SHSB. SHSB and its wholly-owned subsidiaries, namely Indera Permai Sdn Bhd ("Indera Permai") and Sapura Capital Sdn Bhd ("Sapura Capital") are deemed interested in SapuraCrest Petroleum Berhad ("SapuraCrest") by virtue of their respective interests in Sapura Technology Berhad, which in turn holds 451,353,266 (39.64%) ordinary shares in SapuraCrest.

SHSB also has interest in SapuraCrest through its wholly-owned subsidiaries, namely Indera Permai and Sapura Capital which hold 625,000 (0.05%) and 5,476,800 (0.48%) ordinary shares in SapuraCrest, respectively.

In addition, SHSB is also deemed interested in SapuraCrest by virtue of its interest in Sapura Resources Berhad, which in turn holds 83,300 (0.007%) ordinary shares in SapuraCrest.
Nature of interest
Direct and Indirect
Date of notice 24/10/2007



Announcement Info

Company Name SAPURACREST PETROLEUM BERHAD
Stock Name SAPCRES
Date Announced 26 Oct 2007
Category Notice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference Number SP-071026-DC945