[MAGNUM] Notice of Person Ceasing Substantial Shareholders - CEDAR HOLDINGS LIMITED on 03-Jun-2019

Highlights

Stock	[MAGNUM]: MAGNUM BERHAD
Announcement Date	03-Jun-2019

Name	CEDAR HOLDINGS LIMITED

Currency

Date of Change		Type	Number of Shares
	31-May-2019	Disposed	440,694,151

Nature of Interest	Deemed Interest
Shares	Ordinary shares
Reason	Hanton Capital Limited ("HCL") had disposed of its entire 92.72% equity interest in Casi Management Sdn. Bhd. ("CMSB") to Tan Sri Dato' Surin Upatkoon. Arising therefrom, HCL ceased to have any indirect interest in these Magnum shares by virtue of Section 8(4) of the Companies Act 2016 ("the Act") held through CMSB. Cedar Holdings Limited ("CHL") had also ceased to have any indirect interest in these Magnum shares by virtue of the Act held through HCL.

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