Highlights

[SHANG] Notice of Person Ceasing Substantial Shareholders - STANDARD CHARTERED BANK on 25-Mar-2013


Stock [SHANG]: SHANGRI-LA HOTELS MALAYSIA BHD
Announcement Date 25-Mar-2013

Substantial Shareholder's Particular:

Name STANDARD CHARTERED BANK

Details of Changes:

Currency Malaysian Ringgit (MYR)

Date of Change Type Number of Shares
25-Mar-2013 Disposed 98,014,500

Nature of Interest Indirect
Shares Ordinary shares of RM1.00 each
Reason Standard Chartered Bank had a deemed interest, by virtue of Section 6A of Companies Act, in SHMB held through its indirectly wholly owned subsidiary SCPEL. Standard Chartered Bank’s indirect wholly owned subsidiary ie SCPEL’s direct interest in SHMB has ceased because SCPEL had on 25 March 2013 completed its disposal of 98,014,500 shares in SHMB to Kuok Brothers Sdn Berhad via a direct business transaction, pursuant to a share purchase agreement dated 20 March 2013 entered into between SCPEL and Kuok Brothers Sdn Berhad.



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