Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965

13/11/2014

Changes in Director's Interest (S135)

PRESS METAL BERHAD

Particulars of Director

Name KOON POH MING
Descriptions(Class & nominal value) Ordinary Shares of RM0.50 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted ($$)
OTHERS
10/11/2014
27,833,439
OTHERS
10/11/2014
65,000,000
OTHERS
10/11/2014
11,700,000

Circumstances by reason of which change has occurred
Bonus Issue of 1 Bonus Share for every existing share held
Nature of interest
Direct and Indirect
Consideration (if any)

Total no of securities after change

Direct (units) 55,666,878
Direct (%) 5.06
Indirect/deemed interest (units) 153,400,000
Indirect/deemed interest (%) 13.95
Date of notice 13/11/2014


Remarks :
A. The direct interest in 55,666,878 ordinary shares of RM0.50 each are held as follows: i) 2,911,000 ordinary shares of RM0.50 each in the name of RHB Capital Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Ming. ii) 2,400,000 ordinary shares of RM0.50 each in the name of Citigroup Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Ming. iii) 6,578,698 ordinary shares of RM0.50 each in the name of HLIB Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Ming. iv) 1,000,000 ordinary shares of RM0.50 each in the name of Kenanga Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Ming. v) 12,000,000 ordinary shares of RM0.50 each in the name of BBL Nominees (Tempatan) Sdn Bhd - Pledged Securities Account for Koon Poh Ming. vi) 30,777,180 ordinary shares of RM0.50 each in the name of Koon Poh Ming. B. The indirect interest in 153,400,000 ordinary shares of RM0.50 each are held as follows: i) 23,400,000 ordinary shares of RM0.50 each by virtue of his spouse, Ong Soo Fan's holdings. ii) 130,000,000 ordinary shares of RM0.50 each by virtue of his direct interest in Alpha Milestone Sdn Bhd. C. Alpha Milestone Sdn Bhd is a corporation associated with the Director, Mr Koon Poh Ming by virtue of Section 6A of the Companies Act, 1965. D. The percentage of the shares of RM0.50 each allotted pursuant to the Bonus Issue is as follows: i) Koon Poh Ming - 27,833,439 (2.53%) ii) Ong Soo Fan - 11,700,000 (1.06%) iii) Alpha Milestone Sdn Bhd - 65,000,000 (5.91%) E. This announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. F. The percentage of holdings is based on the enlarged issued and paid-up share capital of 1,099,537,932 shares.


Announcement Info

Company Name PRESS METAL BERHAD
Stock Name PMETAL
Date Announced 13 Nov 2014
Category Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference Number CC-141112-2CAA5