[E&O] Change In Director's Shareholding - DATO' THAM KA HON on 23-Jul-2014

Stock
[E&O]: EASTERN & ORIENTAL BHD
Announcement Date
23-Jul-2014
Director's Particular:
Name
DATO' THAM KA HON
Details of Changes:
Currency
Malaysian Ringgit (MYR)
Date of ChangeTypeNumber of Shares
23-Jul-2014Acquired60,000,000
Registered Name
Nature of Interest
Nature Interest
Indirect
Shares
Ordinary stock units of RM1.00 each
Reason
Further to the Notice dated 28 May 2014, Morning Crest Sdn Bhd (“MCSB”) has via a Direct Business Transaction completed its proposed acquisition in respect of only 60,000,000 ordinary stock units of RM1.00 each under the terms of the Share Sale Agreement entered into on 28 May 2014 between MCSB and Sime Darby Nominees Sendirian Berhad (“SSA”). Deemed interest by virtue of Section 6A(4) of the Companies Act, 1965 held through MCSB. The remaining 50,000,000 ordinary stock units of RM1.00 each available under the terms of the SSA were acquired by a local bank pursuant to a financing arrangement entered into with an entity representing the interests of members of the senior management of the Eastern & Oriental Group of Companies. Under the arrangement, such entity will participate in the economic returns on the stock units (if any).
Total no of securities after change:
Direct (units)
45,885,233
Direct (%)
4.15
Indirect (units)
71,371,928
Indirect (%)
6.45
Total (units)
117,257,161
Total (%)
10.60
Date of Notice
23-Jul-2014
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