Company Name	FAVELLE FAVCO BERHAD
Stock Name	FAVCO
Date Announced	07 Mar 2022
Category	Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number	CS2-07032022-00006

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

FAVELLE FAVCO BERHAD

Particulars of substantial Securities Holder

Name	MR MAC NGAN BOON @ MAC YIN BOON
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	03 Mar 2022	1,360,000	Others	Direct Interest
	Name of registered holder	MAC NGAN BOON @ MAC YIN BOON
	Description of "Others" Type of Transaction	Exercise of options

Circumstances by reason of which change has occurred	Exercise of 1,360,000 options under Share Issuance Scheme
Nature of interest	Direct Interest
Direct (units)	10,842,913
Direct (%)	4.833
Indirect/deemed interest (units)	141,000,043
Indirect/deemed interest (%)	62.842
Total no of securities after change	151,842,956
Date of notice	07 Mar 2022
Date notice received by Listed Issuer	07 Mar 2022