Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016

27/05/2022

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

WIDAD GROUP BERHAD

Particulars of substantial Securities Holder

Name TAN SRI MUHAMMAD IKMAL OPAT BIN ABDULLAH
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares

Details of changes

No Date of change
No of securities
 Type of Transaction Nature of Interest
26 May 2022
1,485,000
 Acquired Indirect Interest
Name of registered holder Wardah Communication Sdn. Bhd.
Description of "Others" Type of Transaction
26 May 2022
2,600,000
 Acquired Indirect Interest
Name of registered holder Election Point Resources Sdn. Bhd.
Description of "Others" Type of Transaction
26 May 2022
2,670,000
 Disposed Indirect Interest
Name of registered holder Election Point Resources Sdn. Bhd.
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition and disposal of shares via open market
Nature of interest Indirect Interest
Direct (units) 164,846,200
Direct (%) 5.989
Indirect/deemed interest (units) 1,278,751,880
Indirect/deemed interest (%) 46.458
Total no of securities after change 1,443,598,080
Date of notice 27 May 2022
Date notice received by Listed Issuer 27 May 2022


Remarks :
Deemed interest via shareholding in Widad Business Group Sdn. Bhd. pursuant to Section 8 of the Companies Act 2016.

- Deemed interest through his children Isyraf Widad bin Muhammad Ikmal Opat and IIham Widad Bin Muhammad Ikmal Opat.

- Deemed interest through his children's shareholdings in Election Point Resources Sdn. Bhd..

- 1,485,000 ordinary shares were acquired at RM0.360.
- 2,600,000 ordinary shares were acquired at RM0.363.
- 2,670,000 ordinary shares were disposed at RM0.360.

The aforesaid 6,755,000 ordinary shares represent 0.245% of the total number of issued shares of Widad Group Berhad.

Announcement Info

Company Name WIDAD GROUP BERHAD
Stock Name WIDAD
Date Announced 27 May 2022
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-27052022-00033


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