Investor Relations
Bursa Announcements
Bursa Announcements
Notice Of Person Ceasing (Section 139 Of CA 2016) - Batu Kawan Berhad
BackOct 06, 2023
Particulars of Substantial Securities Holder
Name | BATU KAWAN BERHAD |
Address | Wisma Taiko No. 1, Jalan S.P. Seenivasagam Ipoh 30000 Perak Malaysia. |
Company No. | 196501000504 (6292-U) |
Nationality/Country of incorporation | Malaysia |
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. Accordingly, Batu Kawan Berhad (who is deemed interested in the Sale Shares via its direct interest in KLK pursuant to Section 8(4)(c) of the Companies Act 2016) also ceased to be deemed interested in the Sale Shares on 4 October 2023. |
Nature of interest | Deemed Interest |
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Date of notice | 06 Oct 2023 |
Date notice received by Listed Issuer | 06 Oct 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 | CS3-06102023-00002 |