Notice of Person Ceasing (29C)
| MIECO CHIPBOARD BERHAD |
Particulars of Substantial Securities Holder
| Name | DATO' SRI AKBAR KHAN BIN HJ MOHAMED KHAN |
| Nationality/Country of incorporation | Singapore |
| Descriptions (Class & nominal value) |
Ordinary shares of RM1.00 each in MIECO |
| Date of cessation | 07 Oct 2016 |
| Currency | |
| No of securities disposed | 119,193,971 |
| Price Transacted ($$) | |
| Circumstances by reason of which Securities Holder has interest | Completion of the sale of 119,193,971 ordinary shares of RM1.00 each in Mieco Chipboard Berhad ("MIECO"), representing approximately 56.76% of the issued and paid-up share capital of MIECO by BRDB Developments Sdn Bhd ("BRDB") to Dato' Sri Ng Ah Chai ("DSNAC") pursuant to the Share Sale Agreement dated 30 June 2016 between DSNAC and BRDB.
BRDB has accordingly ceased to have any interest in MIECO. ASSB has ceased to have indirect interest in MIECO by virtue of section 6A(4) of the Companies Act 1965 held through BRDB.
Dato Sri Akbar Khan Trust Company Limited being the trustee of a discretionary trust of which the beneficiaries are members of the family of Dato' Sri Akbar Khan Bin Hj Mohamed Khan ("DSAK") which holds 100% equity interest in ASSB, has ceased to have indirect interest in MIECO. Arising from the above, DSAK has ceased to have indirect interest in MIECO. |
| Nature of interest | Indirect |
 | |
| Date of notice | 07 Oct 2016 |
Announcement Info
| Company Name | MIECO CHIPBOARD BERHAD |
| Stock Name | MIECO |
| Date Announced | 07 Oct 2016 |
| Category | Notice of Person Ceasing Substantial Shareholders Pursuant to Form 29C |
| Reference Number | CS3-07102016-00005 |