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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
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
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