Disposal of 10,000,000 stock units in Eastern & Oriental Berhad ("E&O") by Multi-Purpose Holdings Berhad ("MPHB") and 3,035,900 stock units in E&O by subsidiaries of Magnum 4D Berhad which is a subsidiary of Magnum Corporation Berhad which in turn is an associated company of MPHB.
Arising from the above disposal of stock units in E&O, MPHB has ceased to be a substantial shareholder of E&O.
Accordingly, Quantum Aspects Sdn Bhd ("QASB") and Dynamic Icon Sdn Bhd ("DISB") also ceased to be a substantial shareholder of E&O by virtue of Section 6A(4) of the Companies Act, 1965, held through MPHB and QASB respectively.
Therefore, Dato' Tham Ka Hon's deemed interest in E&O by virtue of his interest in DISB has also ceased and accordingly the balance shareholding of 9,048,067 stock units in E&O held by MPHB and its subsidiary, A.A. Anthony Securities Sdn Bhd has been excluded.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....