Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
| HIBISCUS PETROLEUM BERHAD |
Particulars of substantial Securities Holder
| Name | DATUK MICHAEL TANG VEE MUN |
| 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 |
| 1 | 19 Dec 2024 | 100,000 |
Acquired | Direct Interest |
| Name of registered holder | Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tang Vee Mun (Datuk) | |||
| Description of "Others" Type of Transaction | ||||
| Circumstances by reason of which change has occurred | Open market acquisition. |
| Nature of interest | Direct Interest |
| Direct (units) | 4,455,440 |
| Direct (%) | 0.587 |
| Indirect/deemed interest (units) | 89,089,726 |
| Indirect/deemed interest (%) | 11.731 |
| Total no of securities after change | 93,545,166 |
| Date of notice | 20 Dec 2024 |
| Date notice received by Listed Issuer | 20 Dec 2024 |
| Remarks : |
After the change, the direct interest of Datuk Michael Tang Vee Mun is as follows: 1) Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tang Vee Mun (Datuk) - 4,455,440 ordinary shares The deemed interest is by virtue of Datuk Michael Tang Vee Mun's interest in Mettiz Capital Sdn Bhd and Polo Investments Limited pursuant to Section 8 of the Companies Act 2016, as follows: 1) 38,760,000 ordinary shares are registered in the name of Cimsec Nominees (Asing) Sdn Bhd CIMB for Polo Investments Limited (PB); 2) 10,800,000 ordinary shares are registered in the name of CGS-CIMB Nominees (Asing) Sdn Bhd Pledged Securities Account for Polo Investments Limited (M4553B); 3) 6,000,000 ordinary shares are registered in the name of CGS-CIMB Nominees (Asing) Sdn Bhd Pledged Securities Account for Polo Investments Limited (M3831C); 4) 1,450,000 ordinary shares are registered in the name of Cimsec Nominees (Tempatan) Sdn Bhd CIMB for Mettiz Capital Sdn Bhd (PB); 5) 24,079,726 ordinary shares are registered in the name of Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Mettiz Capital Sdn Bhd; and 6) 8,000,000 ordinary shares are registered in the name of CGS-CIMB Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Mettiz Capital Sdn Bhd. The percentage of the direct and indirect/deemed interest are calculated based on the issued share capital of 759,424,528 ordinary shares (excluding treasury shares). |
Announcement Info
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 20 Dec 2024 |
| Category | Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
| Reference Number | CS2-26072024-00132 |