HIBISCS-PA

2.010

(%)

Changes in Director's Interest (Section 219 of CA 2016)

HIBISCUS PETROLEUM BERHAD

Information Compiled By KLSE

Particulars of Director

Name DR KENNETH GERARD PEREIRA
Descriptions(Class) Islamic Convertible Redeemable Preference Shares ("CRPS")

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
19/11/2020
28,272,000
Others
Direct Interest
Name of registered holder Kenneth Gerard Pereira
Description of "Others" Type of Transaction -
Consideration (if any) RM28,272,000.00
19/11/2020
5,268,000
Others
Direct Interest
Name of registered holder MIDF Pledged Securities Account Kenneth Gerard Pereira
Description of "Others" Type of Transaction -
Consideration (if any) RM5,268,000.00

Circumstances by reason of which change has occurred
Subscription of CRPS
Nature of interest
Direct Interest

Total no of securities after change

Direct (units) 33,540,000
Direct (%) 16.473
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 20/11/2020
Date notice received by Listed Issuer 20/11/2020


Remarks :
Pursuant to the second tranche of the Proposed Private Placement of CRPS ("CRPS-T2"), Dr Kenneth Gerard Pereira was allotted and issued 33,540,000 CRPS-T2 on 19 November 2020. The total direct interest of Dr Kenneth Gerard Pereira is as follows:- 1. Kenneth Gerard Pereira - 28,278,600* 2. MIDF Amanah Investment Nominees (Tempatan) Sdn Bhd ("MIDF") Pledged Securities Account Kenneth Gerard Pereira - 5,268,000 *Including 6,600 CRPS-T1 allotted and issued solely to Dr Kenneth Gerard Pereira pursuant to the placement of the first tranche of the Proposed Private Placement of CRPS ("CRPS-T1") which was completed on 18 November 2020. The CRPS-T1 will not be listed. On 20 November 2020, Bursa Malaysia Securities Berhad has granted its approval for the listing of and quotation for the 203,604,500 CRPS-T2 with effect from 9:00 a.m., Monday, 23 November 2020.


Announcement Info

Company Name HIBISCUS PETROLEUM BERHAD
Stock Name HIBISCS-PA
Date Announced 20 Nov 2020
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-20112020-00002