Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
| REDTONE INTERNATIONAL BERHAD |
Particulars of substantial Securities Holder
| Name | TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN |
| 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 |
| 09 Mar 2020 | 1,919,780 |
Others | Deemed Interest | |
| Name of registered holder | Juara Sejati Sdn. Bhd. | |||
| Description of "Others" Type of Transaction | Conversion of ICULS | |||
| 09 Mar 2020 | 16,132,000 |
Others | Deemed Interest | |
| Name of registered holder | Inter-Pacific Equity Nominees (Asing) Sdn. Bhd. Berjaya Philippines Inc. | |||
| Description of "Others" Type of Transaction | Conversion of ICULS | |||
| Circumstances by reason of which change has occurred | Mandatory conversion upon maturity of 2.75% Irredeemable Convertible Unsecured Loan Stocks 2010/2020 ("ICULS") into new ordinary shares of REDtone International Berhad ("REDtone") with an aggregate nominal value equivalent to RM0.25 per new REDtone shares. |
| Nature of interest | Deemed Interest |
| Direct (units) | 7,000,000 |
| Direct (%) | 0.906 |
| Indirect/deemed interest (units) | 404,914,692 |
| Indirect/deemed interest (%) | 52.385 |
| Total no of securities after change | 411,914,692 |
| Date of notice | 09 Mar 2020 |
| Date notice received by Listed Issuer | 12 Mar 2020 |
| Remarks : |
Indirect interests:-
- Auto Tulin Sdn. Bhd. ("ATSB"): Deemed interested in ATSB by virtue of his interest in B&B Enterprise Sdn. Bhd. pursuant to Section 8(4) of the Companies Act 2016.
- Juara Sejati Sdn. Bhd. ("JSSB"), Prime Credit Leasing Sdn. Bhd. (PCL) and Berjaya Philippines Inc. ("BPI"): Deemed interested by virtue of his interest in Berjaya Corporation Berhad, the ultimate holding company of JSSB, PCL and BPI.
The interests (direct and indirect in terms of number of shares) of Tan Sri Dato' Seri Vincent Tan Chee Yioun further to the transaction are as follows:-
(1) Direct interest - 7,000,000 ordinary shares
(2) ATSB - 50,000 ordinary shares
(3) JSSB - 346,532,692 ordinary shares
(4) PCL - 5,400,000 ordinary shares
(5) BPI - 52,932,000 ordinary shares |
Announcement Info
| Company Name | REDTONE INTERNATIONAL BERHAD |
| Stock Name | REDTONE |
| Date Announced | 12 Mar 2020 |
| Category | Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
| Reference Number | CS2-11032020-00116 |