[FRONTKN] Notice of Interest of Substantial Shareholders - DAPE LTD on 13-Mar-2020

Highlights

Stock	[FRONTKN]: FRONTKEN CORPORATION BHD
Announcement Date	13-Mar-2020

Name

Currency

Date of Change		Type	Number of Shares
	24-Feb-2020	Acquired	290,991,473

Nature of Interest	Deemed Interest
Shares	Ordinary Shares
Reason	Pursuant to an internal restructuring, all the shares in Dymon Asia Private Equity (S.E. Asia) II Ltd were disposed to DAPE Ltd. DAPE Ltd is in turn 100% held by Dymon Asia Capital Ltd. Therefore, by virtue of DAPE Ltd holding more than 20% of the voting shares in Dymon Asia Private Equity (S.E. Asia) II Ltd, and Dymon Asia Private Equity (S.E. Asia) II Ltd holding more than 20% of the voting shares in Diamond GP Holdings II Ltd and Diamond GP Holdings II Ltd holding more than 20% of the voting shares in Pristine Prism Ltd and Pristine Prism Ltd holding more than 20% of the voting shares in Dazzle Clean Ltd, DAPE Ltd is deemed to have interest in the 290,991,473 shares held by Dazzle Clean Ltd in Frontken Corporation Bhd pursuant to Section 8 of the Companies Act 2016. The internal restructuring does not result in any change in Dymon Asia Capital Ltd's deemed interest in Frontken Corporation Bhd.

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