| Company Name | : | FAVELLE FAVCO BERHAD |
| Stock Name | : | FAVCO |
| Date Announced | : | 23 May 2016 |
| Category | : | Changes in Director's Interest Pursuant to Section 135 |
| Reference Number | : | CS4-23052016-00003 |
Changes in Director's Interest (S135)
FAVELLE FAVCO BERHAD
Information Compiled By KLSEParticulars of Director
| Name | MAC NGAN BOON @ MAC YIN BOON |
| 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) |
|
Acquired |
19/05/2016 |
650,000 |
0.800 |
| Circumstances by reason of which change has occurred |
Exercise of options under the Employees' Share Option Scheme ("ESOS")
|
| Nature of interest |
Direct Interest
|
| Consideration (if any) |
RM520,000.00
|
Total no of securities after change |
|
| Direct (units) | 9,142,913 |
| Direct (%) | 4.144 |
| Indirect/deemed interest (units) | 135,321,843 |
| Indirect/deemed interest (%) | 61.337 |
| Date of notice | 23/05/2016 |
| Remarks : |
|
This announcement also serves as a notification pursuant to Paragraph 14.08 of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad ("Bursa Securities"). This dealing is exempted pursuant to Paragraph 14.06 of the MMLR of Bursa Securities. The above acquisition of 650,000 shares through ESOS represents 0.295% of the issued and paid-up capital of the Company |