| Company Name | : | FAVELLE FAVCO BERHAD |
| Stock Name | : | FAVCO |
| Date Announced | : | 07 Mar 2022 |
| Category | : | Changes in Director's Interest Pursuant to Section 219 of CA 2016 |
| Reference Number | : | CS4-07032022-00003 |
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 |
03/03/2022 |
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 | |||
| Consideration (if any) | RM2.35 each | |||
| Circumstances by reason of which change has occurred |
Exercise of 1,360,000 options under the Share Issuance Scheme
|
| Nature of interest |
Direct Interest
|
Total no of securities after change |
|
| Direct (units) | 10,842,913 |
| Direct (%) | 4.833 |
| Indirect/deemed interest (units) | 141,000,043 |
| Indirect/deemed interest (%) | 62.842 |
| Date of notice | 07/03/2022 |
| Date notice received by Listed Issuer | 07/03/2022 |
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 exercise of 1,360,000 options under Share Issuance Scheme represents 0.606% of the total number of issued share capital of the Company.