[GIIB] Change In Substantial Shareholder's Shareholding - MR WEE TENG CHUEN on 29-Apr-2024

Stock
[GIIB]: GIIB HOLDINGS BERHAD
Announcement Date
29-Apr-2024
Director's Particular:
Name
MR WEE TENG CHUEN
Details of Changes:
Currency
-
Date of ChangeTypeNumber of Shares
25-Apr-2024Acquired59,129,300
Registered Name
UOB Kay Hian Nominees (Asing) Sdn. Bhd. Exempt An for UOB Kay Hian Pte Ltd (A/C Clients)
Nature of Interest
Deemed Interest
Nature Interest
Deemed Interest
Shares
Ordinary shares
Reason
HAGF Investment (I) Pte. Ltd. is a wholly-owned subsidiary of Hildrics Asia Growth Fund VCC (acting on behalf of Hildrics Asia Growth Fund I), a private equity fund managed by Hildrics Capital Pte. Ltd. on a discretionary basis in accordance with the operating and investment conditions and other terms of the investment management agreement under which Hildrics Capital Pte. Ltd. is appointed. The shareholders of Hildrics Capital Pte. Ltd. are Mr. Choo Kee Siong and Mr. Wee Teng Chuen, who each have a shareholding of 50%. Mr. Wee Teng Chuen is deemed interested by virtue of his 50% direct interest in Hildrics Capital Pte. Ltd, which possesses discretionary management of Hildrics Asia Growth Fund VCC (acting on behalf of Hildrics Asia Growth Fund I), which in turn held 100% direct interest in HAGF Investment (I) Pte. Ltd.
Total no of securities after change:
Direct (units)
0
Direct (%)
0.00
Indirect (units)
107,738,600
Indirect (%)
16.56
Total (units)
107,738,600
Total (%)
16.56
Date of Notice
29-Apr-2024
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