[PARKSON] Change In Director's Shareholding - TAN SRI CHENG HENG JEM on 06-Oct-2016

Stock
[PARKSON]: PARKSON HOLDINGS BHD
Announcement Date
06-Oct-2016
Director's Particular:
Name
TAN SRI CHENG HENG JEM
Details of Changes:
Currency
Malaysian Ringgit (MYR)
Date of ChangeTypeNumber of SharesPrice
30-Sep-2016Disposed56,000,0000.750
Registered Name
Nature of Interest
Date of ChangeTypeNumber of SharesPrice
30-Sep-2016Acquired56,000,0000.750
Registered Name
Nature of Interest
Nature Interest
Direct and Indirect
Shares
Ordinary shares of RM1.00 each
Reason
Tan Sri Cheng Heng Jem ("TSWC") had on 30 September 2016 entered into a conditional share sale agreement to dispose of 56 million ordinary shares of RM1.00 each in Parkson Holdings Berhad ("Parkson") ("Shares") representing 5.18% of the issued and paid-up capital of Parkson with voting rights, to Lion Forest Industries Berhad, a company in which TSWC has a substantial interest for a total cash consideration of RM42 million or RM0.75 per Share.
Total no of securities after change:
Direct (units)
297,853,526
Direct (%)
27.56
Indirect (units)
348,274,235
Indirect (%)
32.23
Total (units)
646,127,761
Total (%)
59.79
Date of Notice
06-Oct-2016
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