Changes in Director's Interest Pursuant to Section 219 of CA 2016
08/06/2022Changes in Director's Interest (Section 219 of CA 2016)
| GENTING BERHAD |
Information Compiled By KLSE
Particulars of Director
| Name | TAN SRI LIM KOK THAY |
| Descriptions(Class) | Ordinary Shares |
Details of changes
| No | Date of change |
No of securities |
Type of transaction |
Nature of Interest |
|
07/06/2022
|
20,000,000
|
Disposed
|
Deemed Interest
|
|
| Name of registered holder | HSBC Nominees (Asing) Sdn Bhd Exempt AN for Credit Suisse (SG BR-TST-ASING) | |||
| Description of "Others" Type of Transaction | ||||
| Consideration (if any) | 5.17 | |||
| Circumstances by reason of which change has occurred | Disposal of 20,000,000 Genting Berhad ("GENT") shares held by Kien Huat International Limited ("KHIL") pursuant to a cash settled total return swap transaction entered into on 7 June 2022.
Tan Sri Lim Kok Thay had a deemed interest in the GENT shares disposed of by KHIL by virtue of him 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 KHIL. As such, PMSB as trustee of the Discretionary Trust was deemed interested in the GENT shares held by KHIL.
|
| Nature of interest | Deemed Interest |
Total no of securities after change |
|
| Direct (units) | 0 |
| Direct (%) | 0.000 |
| Indirect/deemed interest (units) | 1,697,471,590 |
| Indirect/deemed interest (%) | 44.084 |
| Date of notice | 08/06/2022 |
| Date notice received by Listed Issuer | 08/06/2022 |
| Remarks : |
| (a) The percentage is computed based on the total number of issued share capital excluding a total of 26,320,000 shares bought back by the Company and retained as treasury shares as at 7 June 2022. (b) This announcement is also made pursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements. |
Announcement Info
| Company Name | GENTING BERHAD |
| Stock Name | GENTING |
| Date Announced | 08 Jun 2022 |
| Category | Changes in Director's Interest Pursuant to Section 219 of CA 2016 |
| Reference Number | CS4-08062022-00039 |
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