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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
No of securities
Price Transacted (RM)
Disposed
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
Tan Chong Motor Holdings Berhad

Tan Chong Motor Holdings Berhad