Highlights

[POS] Notice of Interest of Substantial Shareholders - HICOM HOLDINGS BERHAD on 19-Sep-2016


Stock [POS]: POS MALAYSIA BHD
Announcement Date 19-Sep-2016

Substantial Shareholder's Particular:

Name HICOM HOLDINGS BERHAD

Details of Changes:

Currency

Date of Change Type Number of Shares Price
15-Sep-2016 Acquired 245,750,751 3.330

Nature of Interest Direct
Shares Ordinary shares of RM0.50 each
Reason Direct interest pursuant to the completion of the disposals to Pos Malaysia Berhad ("POSM") by:- i) HICOM Holdings Berhad ("HHB") of the entire issued and paid up share capital of KL Airport Services Sdn Bhd to POSM for a total consideration of RM749.35 million; and ii) HICOM Indungan Sdn Bhd of part of a freehold industrial land situated in Section 28, Shah Alam for a disposal consideration of RM69.0 million to be satisfied via the issuance of 245,750,751 new ordinary shares of RM0.50 each in POSM at an issue price of RM3.33 per POSM share to HHB.

Total no of securities after change

Direct (units) 245,750,751
Direct (%) 31.39
Indirect (units) 0
Indirect (%) 0.00
Total (units) 245,750,751
Total (%) 31.39
Date of Notice 15-Sep-2016


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