[HUPSENG] Notice of Person Ceasing Substantial Shareholders - MR TEO LAY GAK on 24-Feb-2017

Highlights

Stock	[HUPSENG]: HUP SENG INDUSTRIES BHD
Announcement Date	24-Feb-2017

Name	MR TEO LAY GAK

Currency

Date of Change		Type	Number of Shares
	31-Jan-2017	Disposed	0

Nature of Interest	Indirect/deemed
Shares	Ordinary shares
Reason	HSB Group Sdn. Bhd. holds 51% of Hup Seng Industries Berhad and thus is a substantial shareholder of Hup Seng Industries Berhad. Teo Lay Gak holds less than 20% direct interest in HSB Group Sdn. Bhd. and pursuant to Section 8(4)(c ) of the Companies Act, 2016 which came in force on 31 January 2017, he ceased to be deemed a substantial shareholder of Hup Seng Industries Berhad.

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