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

17/02/2015

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
12/02/2015
189,575,756
OTHERS
12/02/2015
1,800,000

Circumstances by reason of which change has occurred 
Conversion of 8-Year 6% Redeemable Convertible Secured Loan Stocks
Nature of interest 
Indirect
Consideration (if any)

Total no of securities after change
Direct (units) 55,666,878
Direct (%) 4.31
Indirect/deemed interest (units) 344,775,756
Indirect/deemed interest (%) 26.67
Date of notice 17/02/2015


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) 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. v) 31,777,180 ordinary shares of RM0.50 each in the name of Koon Poh Ming. B. The indirect interest in 344,775,756 ordinary shares of RM0.50 each are held as follows: i) 25,200,000 ordinary shares of RM0.50 each by virtue of his spouse, Ong Soo Fan's holdings. ii) 319,575,756 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, Koon Poh Ming by virtue of Section 6A of the Companies Act, 1965 D. The percentage of the shares of RM0.50 each converted is as follows: i) Alpha Milestone Sdn Bhd - 189,575,756 (14.66%) ii) Ong Soo Fan - 1,800,000 (0.14%) E. This announcement is also made to comply with Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

Announcement Info

Company Name PRESS METAL BERHAD
Stock Name PMETAL
Date Announced 17 Feb 2015
Category Changes in Director's Interest Pursuant to Section 135 of the Companies Act. 1965
Reference Number CC-150215-688FF


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