Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
| GDEX BERHAD |
Particulars of substantial Securities Holder
| Name | TEMASEK HOLDINGS (PRIVATE) LIMITED |
| Address |
60B, Orchard Road, #06-18, Tower 2, The Atrium@Orchard
238891 Singapore. |
| Company No. | 197401143C |
| Nationality/Country of incorporation | Singapore |
| Descriptions (Class) | Ordinary Shares |
Details of changes
| No | Date of change | No of securities |
Type of Transaction | Nature of Interest |
| 17 Mar 2021 | 24,965,934 |
Acquired | Indirect Interest | |
| Name of registered holder | Affin Hwang Nominees (Asing) Sdn Bhd - DBS Vickers Secs (S) Pte Ltd for Singapore Post Limited | |||
| Address of registered holder | Level 3, Wisma Sri Pinang 60 Green Hall 10200 Penang Malaysia | |||
| Description of "Others" Type of Transaction | ||||
| Circumstances by reason of which change has occurred | Purchase of 24,965,934 shares via Direct Business Transaction pursuant to a Share Sale and Purchase Agreement dated 15 March 2021 entered into between GD Express Holdings (M) Sdn Bhd and Singapore Post Limited. |
| Nature of interest | Indirect Interest |
| Direct (units) | 0 |
| Direct (%) | 0 |
| Indirect/deemed interest (units) | 680,072,053 |
| Indirect/deemed interest (%) | 12.104 |
| Total no of securities after change | 680,072,053 |
| Date of notice | 19 Mar 2021 |
| Date notice received by Listed Issuer | 19 Mar 2021 |
| Remarks : |
Temasek Holdings (Private) Limited ("Temasek") does not have any direct interest in voting shares ("Shares") of GDEX Berhad (formerly known as GD Express Carrier Bhd) ("GDEX").
Temasek is filing this notification form to report a change in its deemed interest from 655,106,119 Shares (11.65%) to 680,072,053 Shares (12.10%) as a result of the purchase of 24,965,934 Shares by Singapore Post Limited ("SingPost") via Direct Business Transaction pursuant to a Share Sale and Purchase Agreement dated 15 March 2021 entered into between GD Express Holdings (M) Sdn. Bhd. and SingPost.
Temasek's deemed interest arises through Singapore Telecommunications Limited ("SingTel") which in turn is deemed interested in the Shares held by SingPost. Temasek has a more than 50% interest in SingTel, and SingTel has a more than 20% interest in SingPost.
SingTel is an independently managed Temasek portfolio company. Temasek is not involved in its business or operating decisions, including those regarding its or its associated company's positions in Shares.
The percentage of interest immediately before and after the change is calculated on the basis of 5,618,702,435 Shares (excluding a total of 22,708,400 shares bought back by GDEX and retained as treasury shares as at 17 March 2021) and is rounded down to two decimal places. |
Announcement Info
| Company Name | GDEX BERHAD |
| Stock Name | GDEX |
| Date Announced | 19 Mar 2021 |
| Category | Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
| Reference Number | CS2-15032021-00034 |