Highlights

[ASIABRN] Notice of Interest of Substantial Shareholders - MULTI-PURPOSE CAPITAL HOLDINGS BERHAD on 17-Nov-2000

Stock [ASIABRN]: ASIA BRANDS BERHAD
Announcement Date 17-Nov-2000

Substantial Shareholder's Particular:

Name MULTI-PURPOSE CAPITAL HOLDINGS BERHAD

Details of Changes:

Currency -

Date of Change Type Number of Shares
30-Oct-2000 Acquired 848,000

Nature of Interest Indirect
Shares ORDINARY SHARES OF RM1 EACH
Reason The shares were transferred to Multi-Purpose Credit Sdn. Bhd. ("MPC"), a subsidiary of Multi-Purpose Credit Holdings Sdn. Bhd. ("MPCH") which in turn is a subsidiary company of Multi-Purpose Capital Holdings Berhad ("MCH") on 30/10/2000 arising from a Court Order dated 30/10/99 which sanctioned the Scheme of Arrangement for the creditors of Pan Malaysia Equities Sdn. Bhd. ("PMESB") (formerly known as Kimara Equities Sdn. Bhd.) :- a. MPC was one of the creditors of PMESB; and b. Pursuant to the terms of the Scheme of Arrangement for the creditors of PMESB, MPC became entitled to the shares MCH has an indirect interest by virtue of Section 6A(4) of the Companies Act, 1965 held through MPC, a subsidiary company of MPCH which in turn is a subsidiary company of MCH.

Total no of securities after change

Direct (units) 0
Direct (%) 0.00
Indirect (units) 848,000
Indirect (%) 4.07
Total (units) 848,000
Total (%) 4.07
Date of Notice 14-Nov-2000


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