[MICROLN] Change In Director's Shareholding - MONTEIRO GERARD CLAIR on 24-Dec-2014

Stock
[MICROLN]: MICROLINK SOLUTIONS BHD
Announcement Date
24-Dec-2014
Director's Particular:
Name
MONTEIRO GERARD CLAIR
Details of Changes:
Currency
Malaysian Ringgit (MYR)
Date of ChangeTypeNumber of Shares
24-Dec-2014Acquired35,193,044
Registered Name
Nature of Interest
Nature Interest
Indirect
Shares
Redeemable Preference Shares of RM0.01 each
Reason
Pursuant to a Share Sale Agreement dated 12 June 2014 entered into between Omesti Berhad (formerly known as Formis Resources Berhad), Formis Holdings Bhd, Man Yau Holdings Berhad and Microlink Solutions Berhad (“MSB”) in relation to the disposal of :- 1) Applied Business Systems Sdn Bhd (100%); 2) Formis Systems & Technology Sdn Bhd (100%); 3) Formis Computer Services Sdn Bhd (100%); 4) First Solution Sdn Bhd (100%); and 5) Formis Advanced Systems Sdn Bhd (“60%”) for a total consideration of RM43,193,044.00 to be satisfied partly by RM8.0 million in cash and the balance via the issuance of 35,193,044 redeemable preference shares of RM0.01 each in MSB.
Total no of securities after change:
Direct (units)
0
Direct (%)
0.00
Indirect (units)
35,193,044
Indirect (%)
100.00
Total (units)
35,193,044
Total (%)
100.00
Date of Notice
24-Dec-2014
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