Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
| WASCO BERHAD |
Particulars of substantial Securities Holder
| Name | DATO' SERI ROBERT TAN CHUNG MENG |
| 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 |
| 29 Dec 2023 | 10,130,675 |
Others | Deemed Interest | |
| Name of registered holder | Karya Insaf (M) Sdn Bhd | |||
| Description of "Others" Type of Transaction | Conversion of RCULS | |||
| Circumstances by reason of which change has occurred | Conversion of 26,000,000 Redeemable Convertible Unsecured Loan Stock ("RCULS") held by Wah Seong (Malaya) Trading Co. Sdn Bhd ("WST") into 26,000,000 ordinary shares in the total issued and paid-up share capital of Karya Insaf (M) Sdn Bhd ("Karya Insaf"). In view of the said conversion, Karya Insaf shall become a 99.96%-owned subsidiary of WST and the 10,130,675 ordinary shares held by Karya Insaf in Wasco Berhad (formerly known as Wah Seong Corporation Berhad) shall be considered as a deemed interest of WST ("Conversion of RCULS"). |
| Nature of interest | Deemed Interest |
| Direct (units) | 11,927,314 |
| Direct (%) | 1.54 |
| Indirect/deemed interest (units) | 318,995,312 |
| Indirect/deemed interest (%) | 41.197 |
| Total no of securities after change | 330,922,626 |
| Date of notice | 03 Jan 2024 |
| Date notice received by Listed Issuer | 03 Jan 2024 |
| Remarks : |
1. The total number of 330,922,626 ordinary shares are held as follows: Direct Interest (a) Dato' Seri Robert Tan Chung Meng - 11,927,314 ordinary shares Deemed Interest (a) Tan Kim Yeow Sendirian Berhad - 66,824,250 ordinary shares (b) Wah Seong (Malaya) Trading Co. Sdn Bhd - 239,438,739 ordinary shares (c) Wah Seong Enterprises Sdn Bhd - 2,601,648 ordinary shares (d) Karya Insaf (M) Sdn Bhd - 10,130,675 ordinary shares 2. The Notice of Change in the Interest of Substantial Shareholder dated 3 January 2024 was received on 3 January 2024 from Dato' Seri Robert Tan Chung Meng. |
Announcement Info
| Company Name | WASCO BERHAD |
| Stock Name | WASCO |
| Date Announced | 03 Jan 2024 |
| Category | Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
| Reference Number | CS2-28122023-00119 |