Disposal of 10,000,000 stock units in Eastern & Oriental Berhad ("E&O") by MPHB and 3,035,900 stock units in E&O by Magnum 4D Berhad's subsidiaries.
Arising from the above disposal of stock units in E&O, MPHB has ceased to be a substantial shareholder of E&O.
Accordingly, Quantum Aspects Sdn Bhd ("QASB") also ceased to be a substantial shareholder of E&O by virtue of Section 6A(4) of the Companies Act, 1965, held through MPHB.
Dynamic Icon Sdn Bhd also ceased to be a substantial shareholder of E&O by virtue of its interest in QASB.