Investor Relations
Bursa Announcements
Bursa Announcements
Notice Of Person Ceasing (Section 139 Of CA 2016) - Grateful Blessings Foundation
BackOct 06, 2023
Particulars of Substantial Securities Holder
| Name | GRATEFUL BLESSINGS FOUNDATION |
| Address | Whiteley Chambers, Don Street Jersey JE2 4TR St. Helier Jersey. |
| Company No. | 428 |
| Nationality/Country of incorporation | Jersey |
| Descriptions (Class) | Ordinary shares. |
| Name of registered holder | Kuala Lumpur Kepong Berhad |
| Address of registered holder | Wisma Taiko, No. 1, Jalan S.P. Seenivasagam, 30000 Ipoh, Perak Darul Ridzuan |
| Date of cessation | 04 Oct 2023 |
| No of securities disposed | 739,199,966 |
| Circumstances by reason of which a person ceases to be a substantial shareholder | The Strategic Collaboration Agreement ("SCA") between Kuala Lumpur Kepong Berhad ("KLK"), Boustead Holdings Berhad ("BHB") and Lembaga Tabung Angkatan Tentera ("LTAT"), involving the purchase by KLK and the sale by BHB and LTAT of 739,199,966 ordinary shares in Boustead Plantations Berhad ("BPlant"), representating 33% and 1 share of the total issued shares of BPlant ("Sale Shares") was terminated with effect from 4 October 2023. As a result of the termination of the SCA, KLK ceased to be deemed interested in the Sale Shares on 4 October 2023. Additional disclosure is in the "Remarks" section. |
| Nature of interest | Deemed Interest |
 |
|
| Date of notice | 06 Oct 2023 |
| Date notice received by Listed Issuer | 06 Oct 2023 |
| Remarks : |
| Accordingly, GBF which was earlier deemed interested in the Sale Shares via its wholly owned subsidiary corporation, Grateful Blessings Inc., which in turn is the holding corporation of Di-Yi Sdn Bhd (DY) and DY is a substantial shareholder of Wan Hin Investments Sdn. Berhad which in turn is a substantial shareholder of Batu Kawan Berhad which in turn a substantial shareholder of KLK, also ceased to be deemed interested in the Sale Shares on 4 October 2023. |
Announcement Info
| Company Name | BOUSTEAD PLANTATIONS BERHAD |
| Stock Name | BPLANT |
| Date Announced | 06 Oct 2023 |
| Category | Notice of Person Ceasing To Be Substantial Shareholder Pursuant to Section 139 of CA 2016 |
| Reference Number | CS3-06102023-00009 |