[WARISAN] Change In Director's Shareholding - DATO' TAN HENG CHEW on 25-Jan-2010

Stock
[WARISAN]: WARISAN TC HOLDINGS BHD
Announcement Date
25-Jan-2010
Director's Particular:
Name
DATO' TAN HENG CHEW
Details of Changes:
Currency
Malaysian Ringgit (MYR)
Date of ChangeTypeNumber of Shares
21-Jan-2010Disposed13,440,000
Registered Name
Nature of Interest
Date of ChangeTypeNumber of Shares
21-Jan-2010Acquired13,440,000
Registered Name
Nature of Interest
Nature Interest
Indirect/Deemed interest by virtue of Section 6A of the Companies Act, 1965.
Shares
Ordinary shares of RM1.00 each
Reason
Disposal to and acquisition by Tan Chong Consolidated Sdn Bhd ("TCC") from Parasand Limited ("PL"), a wholly owned subsidiary of TCC, for the consideration to be paid and fully satisfied by way of set off against the shareholder’s advance made by TCC to PL to fund the initial acquisition of the shares by PL with interest accrued as at 31 December 2009 after obtaining from the Securities Commission the exemption for TCC and parties acting in concert with TCC from the obligation to carry out a mandatory takeover offer on the remaining shares in WTCH not already owned by them pursuant to Practice Note 2.9.7 of the Malaysian Code on Take-Overs and Mergers 1998, resulting in change in deemed interest by virtue of Section 6A of Companies Act, 1965.
Total no of securities after change:
Direct (units)
2,363,933
Direct (%)
3.62
Indirect (units)
31,147,982
Indirect (%)
47.69
Total (units)
33,511,915
Total (%)
51.31
Date of Notice
25-Jan-2010
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