Responsive image

News

Changes In Director's Interest (Section 219 Of CA 2016) - Mr Ng Seng Kong

BackJun 17, 2020

Particulars of Director

Name MR NG SENG KONG
Descriptions(Class) Ordinary Shares

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
1
15/06/2020
1,123,715
Others
Deemed Interest
Name of registered holder NGT Holdings Sdn Bhd
Description of "Others" Type of Transaction Cease of interest
Consideration (if any)
2
15/06/2020
336,000
Others
Deemed Interest
Name of registered holder Harmony Parade Sdn Bhd
Description of "Others" Type of Transaction Cease of interest
Consideration (if any)

 

Circumstances by reason of which change has occurred

Ceased to have deemed interest in accordance with Section 8 of the Companies Act 2016.

Nature of interest

Indirect Interest

Total no of securities after change

Direct (units) 160,000
Direct (%) 0.041
Indirect/deemed interest (units) 0
Indirect/deemed interest (%) 0.000
Date of notice 17/06/2020
Date notice received by Listed Issuer 17/06/2020

 


Remarks :

MBM Resources Berhad received the Disclosure/ Notice of Director's Interests in Shares, Debentures, Participatory Interests, Rights, Options and Contracts in the Company or its Related Companies pursuant to Sections 59 and 219 of the Companies Act 2016 dated 17 June 2020 from Mr Ng Seng Kong on 17 June 2020.

Mr Ng Seng Kong shall cease to have deemed interest to the shares of the Company held by both Harmony Parade Sdn Bhd and NGT Holdings Sdn Bhd due the following:-

(a) NGT Holdings Sdn Bhd and Harmony Parade Sdn Bhd or their directors are not accustomed, or is under an obligation, whether formal or informal, to act in accordance with the directions, instructions and wishes of Mr Ng Seng Kong.

(b) Mr Ng Seng Kong have no controlling interest in both NGT Holdings Sdn Bhd and Harmony Parade Sdn Bhd.

(c) Mr Ng Seng Kong only owns 17% of shares in NGT Holdings Sdn Bhd, which in turn owns 41.242% of shares in Harmony Parade Sdn Bhd.

 


Announcement Info

Company Name MBM RESOURCES BHD
Stock Name MBMR
Date Announced 17 Jun 2020
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-14052020-00006