Changes in Director's Interest (Section 219 of CA 2016)
| LOTUS KFM BERHAD |
Information Compiled By KLSE
Particulars of Director
| Name | MR WONG SAK KUAN |
| Descriptions(Class) | Ordinary Shares |
Details of changes
| No | Date of change |
No of securities |
Type of transaction |
Nature of Interest |
|
19/01/2021
|
40,000,000
|
Others
|
Indirect Interest
|
|
| Name of registered holder | Lotus Essential Sdn. Bhd. | |||
| Description of "Others" Type of Transaction | Conversion of RCPS | |||
| Consideration (if any) | RM0.05 each | |||
| Circumstances by reason of which change has occurred | Conversion of Redeemable Convertible Preference Shares |
| Nature of interest | Indirect Interest |
Total no of securities after change |
|
| Direct (units) | 200,740,000 |
| Direct (%) | 24.511 |
| Indirect/deemed interest (units) | 100,000,000 |
| Indirect/deemed interest (%) | 12.210 |
| Date of notice | 21/01/2021 |
| Date notice received by Listed Issuer | 21/01/2021 |
| Remarks : |
| 1. The total percentage of ordinary shares converted is 4.884%. 2. Indirect interest of 100,000,000 ordinary shares - Deemed interested by virtue of his interest in Lotus Essential Sdn. Bhd. pursuant to Section 8 of the Companies Act 2016. 3.This announcement also serves as a notification which are exempted from the general restriction on dealings during closed period pursuant to Paragraph 14.06(c) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. |
Announcement Info
| Company Name | LOTUS KFM BERHAD |
| Stock Name | LOTUS |
| Date Announced | 21 Jan 2021 |
| Category | Changes in Director's Interest Pursuant to Section 219 of CA 2016 |
| Reference Number | CS4-20012021-00003 |