Company Name |
FAVELLE FAVCO BERHAD |
Stock Name |
FAVCO |
Date Announced |
12 May 2023 |
Category |
Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
Reference Number |
CS2-11052023-00009 |
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 |
1 |
10 May 2023 |
869,100 |
Acquired |
Deemed Interest |
Name of registered holder |
MUHIBBAH ENGINEERING (M) BHD |
Description of "Others" Type of Transaction |
|
2 |
12 May 2023 |
6,500 |
Acquired |
Deemed Interest |
Name of registered holder |
MUHIBBAH ENGINEERING (M) BHD |
Description of "Others" Type of Transaction |
|
Circumstances by reason of which change has occurred |
Acquisition 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) |
154,309,843 |
Indirect/deemed interest (%) |
66.066 |
Total no of securities after change |
165,152,756 |
Date of notice |
12 May 2023 |
Date notice received by Listed Issuer |
12 May 2023 |
Remarks : |
Deemed interested in 148,729,043 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. |
|
