Changes in Sub. S-hldr's Int. (29B) - Dato' Tan Heng Chew
BackNov 30, 2009
Particulars of substantial Securities Holder
| Name | Dato' Tan Heng Chew |
| Address | 21-08-03, Indah Damansara Condominium Jalan Damansara Endah Damansara Heights 50490 Kuala Lumpur |
| NRIC/Passport No/Company No. | 460531-10-5141 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | Tan Chong Consolidated Sdn Bhd ("TCC") 62-68 Jalan Ipoh 51200 Kuala Lumpur |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change |
No of securities
|
Price Transacted (RM)
|
| Transferred | 24/11/2009 |
82,412,422
|
|
| Circumstances by reason of which change has occurred | The transfer by TCC to HSBC (Malaysia) Trustee Berhad ("HSBC Trustee") is pursuant to the Compromise and Settlement Agreement dated 22 June 2009 as amended by a Supplemental Agreement dated 28 July 2009 entered into between and amongst TCC and all its shareholders following a court order made on 20 October 2009 (the "Court Order") filed with the Registrar of Companies on 3 November 2009 for the selective capital reduction of TCC by the cancellation of all the shares in TCC held by the exiting minority shareholders of TCC identifed in the Court Order. |
| Nature of interest | Indirect/Deemed interest by virtue of Section 6A of the Companies Act, 1965 |
| Direct (units) | 22,326,262 |
| Direct (%) | 3.42 |
| Indirect/deemed interest (units) | 314,566,162 |
| Indirect/deemed interest (%) | 48.1858 |
| Total no of securities after change | 336,892,424 |
| Date of notice | 30/11/2009 |
| Remarks : |
| The indirect/deemed interest of Dato' Tan Heng Chew comprises the following: Held by TCC directly - 221,854,240 shares Held by TCC indirectly through HSBC Trustee - 82,412,422 shares (as to voting rights only) Held by Wealthmark Holdings Sdn Bhd - 10,299,500 shares The percentage shareholdings of Dato' Tan Heng Chew's interests are calculated based on the share capital of the Company (less treasury shares) of 652,819,000 shares. |
Announcement Info
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 30 Nov 2009 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | TCM-091130-F8EA6 |