Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016

07/02/2020

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

SOUTHERN STEEL BERHAD

Particulars of substantial Securities Holder

Name HOCK KHENG INDUSTRIES SDN BHD
Address 178A Lebuh Pantai (1st Floor)
10300 Pulau Pinang
Malaysia.
Company No. 5851-X
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary shares

Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
04 Feb 2020
2,476,190
Others Direct Interest
Name of registered holder Hock Kheng Industries Sdn Bhd
Address of registered holder 178A Lebuh Pantai (1st Floor) 10300 Penang
Description of "Others" Type of Transaction Mandatory Conversion
04 Feb 2020
5,714,285
Others Deemed Interest
Name of registered holder Southern Amalgamated Co Sdn Bhd
Address of registered holder 178A Lebuh Pantai (1st Floor) 10300 Penang
Description of "Others" Type of Transaction Mandatory Conversion
04 Feb 2020
3,428,571
Others Deemed Interest
Name of registered holder Southern Consortium Sdn Bhd
Address of registered holder 178A Lebuh Pantai (1st Floor) 10300 Penang
Description of "Others" Type of Transaction Mandatory Conversion

Circumstances by reason of which change has occurred Mandatory conversion of 5-Year 5% Redeemable Convertible Unsecured Loan Stocks upon maturity ("Mandatory Conversion")
Nature of interest Direct and Indirect Interest
Direct (units) 5,976,190
Direct (%)
Indirect/deemed interest (units) 38,613,079
Indirect/deemed interest (%)
Total no of securities after change 44,589,269
Date of notice 07 Feb 2020
Date notice received by Listed Issuer 07 Feb 2020


Remarks :
This announcement is dated 7 February 2020.


Announcement Info

Company Name SOUTHERN STEEL BERHAD
Stock Name SSTEEL
Date Announced 07 Feb 2020
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-07022020-00068