Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
04/04/2003Notice of Interest Sub. S-hldr (29A)
| SOUTHERN STEEL BERHAD |
Particulars of Substantial Securities Holder
|
Name | 98 Holdings Pte Ltd |
| Address | c/o 50 Cuscaden Road #04-01 HPL House Singapore 249724 |
| NRIC/Passport No/Company No. | 200208444H |
| Nationality/Country of incorporation | Singapore |
| Descriptions (Class & nominal value) | Ordinary Shares of RM1.00 each |
| Name & address of registered holder | NATSTEEL LTD ("'NSL") 22 TANJONG KLING ROAD SINGAPORE 628048 |
Date interest acquired & no of securities acquired | |
| Date interest acquired | 10/01/2003 |
| No of securities | 76,329,000 |
| Circumstances by reason of which Securities Holder has interest | On 10 January 2003, the mandatory conditional cash offer ("Offer") by 98 Holdings Pte Ltd ("98 Holdings") for all the issued and paid-up ordinary shares of NSL became unconditional as to acceptances, and NSL became a subsidiary of 98 Holdings. (Note: For the purpose of this notice, 98 Holdings is regarded as having a direct interest in the shares in NSL which were tendered in acceptance of the Offer, regardless of whether or not settlement and transfer of such shares had taken place.) By virtue of Section 6A of the Companies Act 1965, 98 Holdings has a deemed interest in the 76,329,000 shares in the capital of Southern Steel Berhad (representing 27.03% of the total issued capital of Southern Steel Berhad) held by NSL. |
| Nature of interest | Deemed interest |
| Price Transacted (RM) | |
 | |
Total no of securities after change | |
| Direct (units) | |
| Direct (%) | |
| Indirect/deemed interest (units) | 76,329,000 |
| Indirect/deemed interest (%) | 27.03 |
| Date of notice | 03/04/2003 |
| Remarks : |
| This announcement is dated 4 April 2003. |
Announcement Info
| Company Name | SOUTHERN STEEL BERHAD |
| Stock Name | SSTEEL |
| Date Announced | 4 Apr 2003 |
| Category | Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965 |
| Reference No | SS-030403-57704 |
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