Highlights

[HUPSENG] Notice of Person Ceasing Substantial Shareholders - MR KERK CHONG YONG on 27-Feb-2017


Stock [HUPSENG]: HUP SENG INDUSTRIES BHD
Announcement Date 27-Feb-2017

Substantial Shareholder's Particular:

Name MR KERK CHONG YONG

Details of Changes:

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. Kerk Chong Yong 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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