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Changes in Director's Interest (Section 219 of CA 2016) - MR MAC NGAN BOON @ MAC YIN BOON

Company Name FAVELLE FAVCO BERHAD
Stock Name FAVCO
Date Announced 12 Jul 2019
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-11072019-00012

Changes in Director's Interest (Section 219 of CA 2016)

FAVELLE FAVCO BERHAD

Information Compiled By KLSE

Particulars of Director

Name MR MAC NGAN BOON @ MAC YIN BOON
Descriptions(Class) Ordinary Shares

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
1
10/07/2019
340,000
Acquired
Direct Interest
Name of registered holder MAC NGAN BOON @ MAC YIN BOON
Description of "Others" Type of Transaction  
Consideration (if any) RM799,000
2
10/07/2019
300,000
Acquired
Indirect Interest
Name of registered holder MAC CHUNG HUI
Description of "Others" Type of Transaction  
Consideration (if any) RM705,000

Circumstances by reason of which change has occurred
Exercise of options under the Employees' Share Option Scheme ("ESOS")
and Exercise of options under ESOS by his son.
Nature of interest
Direct and Indirect Interest

Total no of securities after change

Direct (units) 9,482,913
Direct (%) 4.256
Indirect/deemed interest (units) 135,621,843
Indirect/deemed interest (%) 60.870
Date of notice 10/07/2019
Date notice received by Listed Issuer 12/07/2019

Remarks :

This announcement also serves as a notification pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The above acquisition of 640,000 shares through ESOS represents 0.287% of the total number of issued share capital of the Company.

    
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