Change in Substantial Shareholders Interest Pursuant to Form 29B

22/03/2016

Changes in Sub. S-hldr's Int. (29B)

REACH ENERGY BERHAD

Particulars of substantial Securities Holder

Name PAG HOLDINGS LIMITED
Address PO Box 472, 2nd Floor, Harbour Place, 103 South Church Street
George Town
KY1-1106 Grand Cayman
Cayman Islands.
Company No. 242524
Nationality/Country of incorporation Cayman Islands
Descriptions (Class & nominal value) Ordinary Shares of RM0.01 each
Name & address of registered holder Pacific Alliance Asia Opportunity Fund L.P. PO Box 472, 2nd Floor, Harbour Place 103 South Church Street, George Town Grand Cayman, KY1-1106 Cayman Islands PAG-P Asia Fund L.P. PO Box 472, 2nd Floor, Harbour Place 103 South Church Street, George Town Grand Cayman, KY1-1106 Cayman Islands PAG Asia Alpha L.P. PO Box 472, 2nd Floor, Harbour Place 103 South Church Street, George Town Grand Cayman, KY1-1106 Cayman Islands

Details of changes

Currency:

Type of transaction Description of Others Date of change
No of securities
Price Transacted (RM)
Disposed 15 Mar 2016
3,966,400
Acquired 15 Mar 2016
5,131,600
Disposed 15 Mar 2016
1,165,200

Circumstances by reason of which change has occurred Disposal of shares by Pacific Alliance Asia Opportunity Fund L.P. and PAG Asia Alpha L.P. and acquisition of shares by PAG-P Asia Fund L.P. in the open market
Nature of interest Deemed Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 65,480,300
Indirect/deemed interest (%) 5.124
Total no of securities after change 65,480,300
Date of notice 18 Mar 2016


Remarks :
Total shareholding after change is as follows:-

*Deemed Interest
-------------------
Pacific Alliance Asia Opportunity Fund L.P. ("PAX") - 46,609,500 ordinary shares (3.648%)
PAG-P Asia Fund L.P. ("PAG-P") - 9,082,800 ordinary shares (0.710%)
PAG Asia Alpha L.P. ("PAG Alpha") - 9,788,000 ordinary shares (0.766%)

*Deemed Interest by virtue of PAG Holdings Limited being the ultimate holding company of the general partner and investment advisor of PAX, PAG-P and PAG Alpha.


Announcement Info

Company Name REACH ENERGY BERHAD
Stock Name REACH
Date Announced 22 Mar 2016
Category Change in Substantial Shareholders Interest Pursuant to Form 29B
Reference Number CS2-21032016-00035