Tan Chong Motor Holdings

News

Changes in Director's Interest (S135) - Dato' Tan Heng Chew

BackNov 09, 2012

Particulars of Director

Name Dato' Tan Heng Chew
Address 37-17-01 Sri Penaga Condominium
Sri Penaga, Jalan Medang Serai
Bukit Bandaraya
59100 Kuala Lumpur
Descriptions(Class & nominal value) Ordinary shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Disposed
06/11/2012
16,482,485
 

 

Circumstances by reason of which change has occurred Release by way of the 4th instalment to the exiting minority shareholders of Tan Chong Consolidated Sdn Bhd (“TCC”) named in the Court Order and 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 more particularly set out in the Form 29B dated 30 November 2009.
Nature of interest Deemed interest by virtue of Section 6A of the Companies Act, 1965
Consideration (if any)  

Total no of securities after change

Direct (units) 24,201,262 
Direct (%) 3.7072 
Indirect/deemed interest (units) 308,331,595 
Indirect/deemed interest (%) 47.231 
Date of notice 09/11/2012

Remarks :
The percentage of the 16,482,485 shares disposed over the total issued paid-up capital of the Company = 2.5248%.

Indirect/Deemed interests of Dato' Tan Heng Chew comprise the following:

(a) Deemed interests by virtue of Section 6A of the Companies Act, 1965:
Held by TCC directly - 255,937,640 shares
Held by TCC indirectly through HSBC (Malaysia) Trustee Berhad- 32,964,965 shares (as to voting rights only)
Held by Wealthmark Holdings Sdn Bhd - 10,953,600 shares

(b) Interests of spouse and children by virtue of Section 134(12)(c) of the Companies Act, 1965: 8,475,390 shares

The percentage shareholding of Dato' Tan Heng Chew's interests are calculated based on the share capital of the Company (less treasury shares) of 652,816,000 shares.

 


Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD  
Stock Name TCHONG    
Date Announced 9 Nov 2012  
Category Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No TC-121109-50893