MBFHLDG

1.700

(%)

Notice of Person Ceasing (29C)

MBF HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name

Sri Hartamas Berhad - Special Administrators Appointed
AddressSuite 33.01 Level 33
Bangunan AmFinance
No. 8 Jalan Yap Kwan Seng
50450 Kuala Lumpur
NRIC/Passport No/Company No.6324 P
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares, RM0.50 each
Date of cessation22/11/2002
Name & address of registered holderAMMB Nominees (Tempatan) Sdn Bhd
22nd Floor Bangunan AmBank Group
55 Jalan Raja Chulan
50200 Kuala Lumpur
Number of securities disposed108,636,087 
Price Transacted (RM)0.050 
Circumstances by reason of which a person ceases to be a substantial securities HolderThe said shares were transferred to and set-off against the debt outstanding to the Secured Creditors, namely AmMerchant Bank Berhad, AmBank Berhad and AmFinance Berhad, pursuant to a Settlement Agreement between Sri Hartamas Berhad and the Secured Creditors dated 3 September 2002. To date, the Settlement Agreement has yet to be completed as it is pending the presentation of transfer of a property to the Secured Creditors
Nature of interestDirect


Date of notice25/02/2003

Remarks :
For and on behalf of
MBf Holdings Berhad



Yap Boon Teck
Company Secretary

Dated : 28 February 2003


Announcement Info

Company NameMBF HOLDINGS BERHAD  
Stock Name MBFHLDG    
Date Announced28 Feb 2003  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoMH-030227-53047