Arising from the disposal of Second Tranche of Sale Shares from WCE Holdings Berhad ("WCE") to Tan Sri Dato' (Dr) Ir Chan Ah Chye @ Chan Chong Yonn pursuant to a Share Sale Agreement and Supplemental Share Sale Agreement dated 17 October 2014 and 28 August 2015 respectively, WCE had ceased to be a substantial shareholder of Talam Transform Berhad ("TTB").
Accordingly, MWE Holdings Berhad ("MWE") also ceased to have any indirect interest in TTB shares pursuant to Section 8(4) of the Companies Act 2016, held through WCE.