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Date: 27 March 2015

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD

 

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description Pursuant to Chapter 14.09 of the Bursa Securities Listing Requirements, Crest Builder Holdings Berhad wishes to nofity Bursa Malaysia that the following director of the Company has given notice of their dealings in the securities of the Company as set out below:-

Director Description of Securities Date Transacted No. of Securities Acquired/ (Disposed) % of Securities RM per Share (Consideration)
Yong Soon Chow (Managing Director) Ordinary Shares of RM1.00 each 27.03.15 58,970,808 [Indirect] 35.73 Nil (RM Nil)
Yong Soon Chow (Managing Director) Ordinary Shares of RM1.00 each 27.03.15 (47,500,000) [Direct] 28.78 Nil (RM Nil)
Yong Soon Chow (Managing Director) Ordinary Shares of RM1.00 each 27.03.15 (11,470,808) [Indirect] 6.95 Nil (RM Nil)
Koh Hua Lan (Executive Director) Ordinary Shares of RM1.00 each 27.03.15 (5,725,500) [Direct] 3.47 Nil (RM Nil)
Yong Shang Ming (Executive Director) Ordinary Shares of RM1.00 each 27.03.15 (2,550,000) [Direct] 1.55 Nil (RM Nil)
Yong Tiok Keng (Executive Director) Ordinary Shares of RM1.00 each 27.03.15 (500,000) [Direct] 0.30 Nil (RM Nil)

 

Note : Transfer of securities pursuant to a rationalisation of interests by Yong Soon Chow, Koh Hua Lan, Yong Shang Ming, Yong Tiok Keng, Yong Tiok Chin and Yong Tiok Nee (collectively, " Yong Family ") (" Rationalisation ") to SC Yong Holdings Sdn Bhd (" SCY "), the Yong Family's investment holding company.

The Rationalisation will result in an increase in SCY's equity interest in CBHB from nil to 35.73%. Accordingly, following an application by SCY, t he Securities Commission had, vide its letter dated 25 February 2015, granted an exemption to SCY under Paragraph 21.1(a) of Practice Note 9 of the Malaysian Code on Take-Overs and Mergers, 2010 from the obligation to undertake a mandatory offer for the remaining CBHB Shares and Warrants not held by it after the Rationalisation

 

 



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