[ASIABRN] Notice of Person Ceasing Substantial Shareholders - DATO' THAM KA HON on 16-Dec-2004

Highlights

Stock	[ASIABRN]: ASIA BRANDS BERHAD
Announcement Date	16-Dec-2004

Name	DATO' THAM KA HON

Currency

Date of Change		Type	Number of Shares
	01-Aug-2001	Disposed	0

Nature of Interest	Indirect
Shares	Ordinary Shares of RM1.00 each
Reason	Multi-Purpose Credit Sdn Bhd ["MPC"] had ceased to be a substantial shareholder of Hing Yiap Knitting Industries Berhad ["HYKI"] as a result of the amendment made to Section 69D of the Companies Act, 1965 effective from 1 August 2001 wherein a person is considered to be a substantial shareholder in a company if he holds not less than 5% of the total voting shares in a company. Prior to the above amendment, a person is considered to be a substantial shareholder if he holds not less than 2% of the total voting shares in a company. Arising from MPC's cessation as a substantial shareholder of HYKI, Multi-Purpose Holdings Berhad ["MPHB"] had also ceased to be a substantial shareholder of HYKI. Quantum Aspects Sdn Bhd ["QASB"] had ceased to have indirect interest in HYKI by virtue of Section 6A(4) of the Companies Act, 1965 held through MPHB. Dynamic Icon Sdn Bhd ["DISB"] had ceased to have indirect interest in HYKI by virtue of Section 6A(4) of the Companies Act, 1965 held through QASB. Dato' Tham Ka Hon had therefore ceased to have indirect interest in HYKI by virtue of Section 6A(4) of the Companies Act, 1965 held through DISB.

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