Changes in Director's Interest (S135) - Dato' Tan Heng Chew
BackNov 09, 2011
Particulars of Director
| Name | Dato' Tan Heng Chew |
| Address | 21-08-03, Indah Damansara Condominium Jalan Damansara Endah Damansara Heights 50490 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
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No of securities
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Price Transacted (RM)
|
|
Disposed
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03/11/2011
|
16,482,485
|
|
| Circumstances by reason of which change has occurred | Release by way of the 3rd 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) | 20,745,062 |
| Direct (%) | 3.1778 |
| Indirect/deemed interest (units) | 319,507,380 |
| Indirect/deemed interest (%) | 48.9428 |
| Date of notice | 09/11/2011 |
| 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 - 251,726,940 shares Held by TCC indirectly through HSBC (Malaysia) Trustee Berhad- 49,447,450 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: 7,379,390 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 652,818,000 shares. |
Announcement Info
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 9 Nov 2011 |
| Category | Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965 |
| Reference No | TCM-111108-49B3A |