Highlights

[CCM] Notice of Interest of Substantial Shareholders - TAN SRI LEE OI HIAN on 23-Nov-2020


Stock [CCM]: CHEMICAL CO OF MALAYSIA BHD
Announcement Date 23-Nov-2020

Substantial Shareholder's Particular:

Name TAN SRI LEE OI HIAN

Details of Changes:

Currency -

Date of Change Type Number of Shares
17-Nov-2020 Acquired 94,449,487

Nature of Interest Deemed Interest
Shares ORDINARY SHARES
Reason On 17 November 2020, Batu Kawan Berhad ("BKB") entered into a conditional sale and purchase agreement ("Agreement") with Permodalan Nasional Berhad and Amanahraya Trustees Berhad as trustee for Amanah Saham Malaysia, Amanah Saham Bumiputera and Amanah Saham Bumiputera 3-Didik unit trust funds (collectively,"Sellers") for the purchase of 94,449,487 ordinary shares ("said shares") in Chemical Company of Malaysia Berhad. By virtue of Section 8(6)(a) of the Companies Act 2016 ("CA 2016"), BKB is deemed interested in the said shares. Accordingly, Tan Sri Lee is also deemed interested in the said shares via his direct and deemed interests in BKB via Section 8(4)(c) of the CA 2016 although he does not have any economic or beneficial interest in the BKB shares as his deemed interest is held via the interest of his family members as discretionary beneficiaries of Grateful Blessings Foundation ("GBF") (which said family members' interest is held subject to the discretion of GBF's Council).

Total no of securities after change

Direct (units) 0
Direct (%) 0.00
Indirect (units) 94,449,487
Indirect (%) 56.32
Total (units) 94,449,487
Total (%) 56.32
Date of Notice 19-Nov-2020


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