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[ASIABRN] Notice of Interest of Substantial Shareholders - DR. CHAN CHIN CHEUNG on 21-Dec-2000

Stock [ASIABRN]: ASIA BRANDS BERHAD
Announcement Date 21-Dec-2000

Substantial Shareholder's Particular:

Name DR. CHAN CHIN CHEUNG

Details of Changes:

Currency -

Date of Change Type Number of Shares
28-Jul-2000 Acquired 848,000

Nature of Interest Indirect
Shares ORDINARY SHARES OF RM1 EACH
Reason Pursuant to the restructuring of Multi-Purpose Holdings Berhad (MPHB), Malaysian Plantations Berhad (MPB) and Kamunting Corporation Berhad (KCB), Quantum Aspects Sdn Bhd (QASB) has acquired 31% of MPHB. QASB is deemed to have indirect interest in Hing Yiap Knitting Industries Berhad (Hing Yiap) by virtue of Section 6A (4) of the Companies Act, 1965 held through MPHB. Pursuant to the restructuring of MPHB, MPB and KCB, QASB has become a substantial shareholder of MPHB holding 31% of MPHB. QASB is deemed to have an indirect interest in Hing Yiap Knitting Industries Berhad, by virtue of Section 6A(4) of the Companies Act, 1965 held through MPHB. Dr. Chan Chin Cheung is deemed to have substantial interest in Hing Yiap by virtue of Section 6A(4) of the Companies Act, 1965, held through his 15% shareholding in QASB.

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 12-Dec-2000


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