Highlights

[TASEK] Notice of Interest of Substantial Shareholders - HL CEMENT (HK) LIMITED ("HLC(HK)") on 05-Nov-2009


Stock [TASEK]: TASEK CORP BHD
Announcement Date 05-Nov-2009

Substantial Shareholder's Particular:

Name HL CEMENT (HK) LIMITED ("HLC(HK)")

Details of Changes:

Currency Malaysian Ringgit (MYR)

Date of Change Type Number of Shares
29-Oct-2009 Acquired 315,274

Nature of Interest Indirect interest
Shares 6% Cumulative Participating Preference Shares of RM1.00 each
Reason Pursuant to Section 6A of Malaysia Companies Act, 1965, HLC(HK) has deemed interest in the Sale Shares (as defined below) under a Share Sale Agreement (the "Agreement") dated 29 October 2009 entered into between HLC(M) and the Sellers, namely, Hong Leong Asia Ltd., Lydale Pte Ltd, Hayford Holdings Sdn. Bhd., Hartwell Pte. Ltd., Island Concrete (Private) Limited and Kian Chiang Granite Quarry Company (Pte.) Limited, whereby HLC(M) has agreed to acquire an aggregate of 134,302,811 issued Ordinary Shares at RM3.80 per Ordinary Share and 315,274 Preference Shares at RM3.50 per Preference Share (the "Sale Shares") from the Sellers, upon the terms of the Agreement ("Acquisition").

Total no of securities after change

Direct (units) 0
Direct (%) 0.00
Indirect (units) 315,274
Indirect (%) 63.05
Total (units) 315,274
Total (%) 63.05
Date of Notice 05-Nov-2009


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