Changes in Director's Interest Pursuant to Section 219 of CA 2016

18/07/2017

Changes in Director's Interest (Section 219 of CA 2016)

MB WORLD GROUP BERHAD

Information Compiled By KLSE

Particulars of Director

Name MR SIMON SIM YOW YUNG
Descriptions(Class) Ordinary Shares

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
18/07/2017
61,767,241
Others
Deemed Interest
Name of registered holder KIM FENG CAPITAL SDN. BHD.
Description of "Others" Type of Transaction Issue and allotment
Consideration (if any) RM71,649,999-56

Circumstances by reason of which change has occurred
Deemed interested by virtue of Section 8 of Companies Act, 2016 
(Issue and allotment of 61,767,241 shares in MB World Group Berhad to Kim Feng Capital Sdn Bhd as balance payment of consideration for the acquisition of Cocoa Valley Development Sdn Bhd )
Nature of interest
Deemed Interest

Total no of securities after change

Direct (units) 0
Direct (%) 0.000
Indirect/deemed interest (units) 110,537,241
Indirect/deemed interest (%) 70.237
Date of notice 18/07/2017
Date notice received by Listed Issuer 18/07/2017


Remarks :
1)This announcement also serves as an announcement pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad for Director's dealings in securities outside the closed period 2) The above 61,767,241 ordinary shares issued and allotted represent 39.25% of the total enlarged issued and paid up capital of the Company


Announcement Info

Company Name MB WORLD GROUP BERHAD
Stock Name MBWORLD
Date Announced 18 Jul 2017
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-18072017-00022