[WARISAN] Change In Substantial Shareholder's Shareholding - TAN CHONG CONSOLIDATED SDN BHD on 25-Jan-2010

Highlights

Stock	[WARISAN]: WARISAN TC HOLDINGS BHD
Announcement Date	25-Jan-2010

Name	TAN CHONG CONSOLIDATED SDN BHD

Currency

Malaysian Ringgit (MYR)

Date of Change		Type	Number of Shares
	21-Jan-2010	Acquired	13,440,000

Nature of Interest	Direct
Shares	Ordinary shares of RM1.00 each
Reason	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.

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