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| Company Name |
FAVELLE FAVCO BERHAD |
| Stock Name |
FAVCO |
| Date Announced |
21 Mar 2023 |
| Category |
Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
| Reference Number |
CS2-21032023-00001 |
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
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 |
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| 1 |
17 Mar 2023 |
1,348,000 |
Acquired |
Deemed Interest |
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| Name of registered holder |
MUHIBBAH ENGINEERING (M) BHD |
| Description of "Others" Type of Transaction |
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| 2 |
20 Mar 2023 |
973,400 |
Acquired |
Deemed Interest |
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| Name of registered holder |
MUHIBBAH ENGINEERING (M) BHD |
| Description of "Others" Type of Transaction |
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| Circumstances by reason of which change has occurred |
Acquisitions of Favelle Favco Berhad's Shares by Muhibbah Engineering (M) Bhd from the open market, which he is deemed interest. |
| Nature of interest |
Deemed Interest |
| Direct (units) |
10,842,913 |
| Direct (%) |
4.642 |
| Indirect/deemed interest (units) |
153,434,243 |
| Indirect/deemed interest (%) |
65.692 |
| Total no of securities after change |
164,277,156 |
| Date of notice |
21 Mar 2023 |
| Date notice received by Listed Issuer |
21 Mar 2023 |
| Remarks : |
| Deemed interested in 147,853,443 ordinary shares held by Muhibbah Engineering (M) Bhd pursuant to Section 8 of the Companies Act 2016; and Indirect interested in 5,580,800 ordinary shares held by his spouse and children. |
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