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

BackDec 03, 2009

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
03/12/2009
8,818,131
 

 

Circumstances by reason of which change has occurred Release by way of the 1st 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 Indirect/deemed
Consideration (if any)  

Total no of securities after change

Direct (units) 22,326,262 
Direct (%) 3.42 
Indirect/deemed interest (units) 310,181,421 
Indirect/deemed interest (%) 47.5142 
Date of notice 03/12/2009

Remarks :
Deemed interest by virtue of Section 6A of CA 1965:
Held by TCC directly - 221,854,240 shares.
Held by TCC indirectly through HSBC Trustee - 73,594,291 shares (as to voting rights only).
Held by Wealthmark Holdings Sdn Bhd - 10,299,500 shares

Interests of spouse and children by virtue of Section 134(12)(c) of CA 1965: 4,433,390 shares.
Total indirect/deemed interest: 310,181,421 shares.

The percentage shareholding of Dato' Tan Heng Chew's direct and indirect 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 3 Dec 2009  
Category Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No TCM-091203-36AEA
Tan Chong Motor Holdings Berhad

Tan Chong Motor Holdings Berhad