PWRWELL

0.430

POWERWELL HOLDINGS BERHAD

Name	MR THAM KIEN WAI
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

No	Date of change	No of securities	Type of Transaction	Nature of Interest
	22 Jan 2020	54,270,977	Others	Direct Interest
	Name of registered holder	Tham Kien Wai
	Description of "Others" Type of Transaction	Offer for Sale

Circumstances by reason of which change has occurred	1. Shares offered pursuant to the Offer for Sale in respect of Initial Public Offering 2. Direct shareholding reduced from 19.46% to 7.18%
Nature of interest	Direct Interest
Direct (units)	41,704,567
Direct (%)	7.18
Indirect/deemed interest (units)	296,081,520
Indirect/deemed interest (%)	51
Total no of securities after change	337,786,087
Date of notice	22 Jan 2020
Date notice received by Listed Issuer	22 Jan 2020

Remarks :

Deemed interest by virtue of his interest in PW Synergy Sdn. Bhd.

Company Name	POWERWELL HOLDINGS BERHAD
Stock Name	PWRWELL
Date Announced	22 Jan 2020
Category	Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number	CS2-20012020-00021