Highlights

[FRONTKN] Notice of Person Ceasing Substantial Shareholders - MR TAN KENG SOON on 13-Mar-2020


Stock [FRONTKN]: FRONTKEN CORPORATION BHD
Announcement Date 13-Mar-2020

Substantial Shareholder's Particular:

Name MR TAN KENG SOON

Details of Changes:

Currency -

Date of Change Type Number of Shares
24-Feb-2020 Disposed 290,991,473

Nature of Interest Deemed Interest
Shares Ordinary Shares
Reason By virtue ofTan Keng Soon holding more than 20% of the voting shares in Dymon Asia Private Equity (S.E. Asia) II Ltd, and Dymon Asia Private Equity (S.E.) Asia II Ltd holding more than 20% of the voting shares in Diamond GP Holdings II Ltd, and Diamond GP Holdings II Ltd holding more than 20% of the voting shares in Pristine Prism Ltd, and Pristine Prism Ltd holding more than 20% of the voting shares in Dazzle Clean Ltd, Tan Keng Soon was deemed interested in the 290,991,473 shares held by Dazzle Clean Ltd. in Frontken Corporation Bhd pursuant to Section 8 of the Companies Act 2016. Pursuant to an internal restructuring undertaken by Dymon Asia, Tan Keng Soon has disposed of his shares in Dymon Asia Private Equity (S.E. Asia) II Ltd to DAPE Ltd (which is in turn 100% held by Dymon Asia Capital Ltd) and has thus ceased to have any interest in the 290,991,473 shares held by Dazzle Clean Ltd in Frontken Corporation Bhd pursuant to Section 8 of the Companies Act 2016.



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