Kenanga Nominees (Tempatan) Sdn Bhd Kien Huat Realty Sdn Bhd
Nature of Interest
Deemed Interest
Consideration
RM3.9304 per share
Date of Change
Type
Number of Shares
Price
27-May-2020
Acquired
1,000,000
3.924
Registered Name
Kenanga Nominees (Tempatan) Sdn Bhd Kien Huat Realty Sdn Bhd
Nature of Interest
Deemed Interest
Consideration
RM3.9241 per share
Nature Interest
Deemed Interest
Shares
Ordinary Shares
Reason
Acquistion by Kien Huat Realty Sdn Berhad ("KHR").
Deemed interest by virtue of being a beneficiary of a discretionary trust ("the Discretionary Trust") of which Parkview Management Sdn Bhd ("PMSB") is the trustee. PMSB as trustee of the Discretionary Trust owns 100% of the voting shares of Kien Huat International Limited which in turn owns 100% of the voting shares of KHR. As such, PMSB as trustee of the Discretionary Trust is deemed interested in Genting Berhad shares held by KHR by virtue of its controlling interest in KHR.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....