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Changes in Director's Interest (S135) - Tan Eng Soon

BackNov 30, 2009

Particulars of Director

Name Tan Eng Soon
Address 18 Cluny Road, Singapore 259580
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)
Transferred
24/11/2009
82,412,422
 

 

Circumstances by reason of which change has occurred The transfer by Tan Chong Consolidated Sdn Bhd ("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 identified in the Court Order.
Nature of interest Indirect/Deemed interest by virtue of Section 6A of the Companies Act, 1965
Consideration (if any)  

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units) 317,522,162 
Indirect/deemed interest (%) 48.6386 
Date of notice 30/11/2009

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 - 82,412,422 shares (as to voting rights only).
Held by Wealthmark Holdings Sdn Bhd - 10,299,500 shares
Held by Lung Ma Investments Pte Ltd - 2,956,000 shares

The percentage shareholding of Tan Eng Soon's interest is 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 Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference No TCM-091130-3AC70
Tan Chong Motor Holdings Berhad

Tan Chong Motor Holdings Berhad