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Changes in Sub. S-hldr's Int. (29B)

MCT BERHAD

Particulars of substantial Securities Holder

Name TAN SRI DATO' SRI GOH MING CHOON
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary Shares of RM1.00 each

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Description of Others Date of change
No of securities
Price Transacted ($$)
Others Grant of Call Option 08 May 2015
135,858,029
Others Grant of Call Option 08 May 2015
70,577,786

Circumstances by reason of which change has occurred Grant of call option to Regent Wise Investments Limited pursuant to the Call Option Agreement dated 8 May 2015
Nature of interest Direct
Direct (units) 569,669,267
Direct (%) 42.679
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 569,669,267
Date of notice 08 May 2015


Remarks :
There is no change in the total number of securities as at 8 May 2015 as the First Option and Second Option below have not been exercised. 

Details of the grant of call option:-

First Option

Regent Wise Investments Limited ("RWIL") shall have the right, but not the obligation, to acquire:-
1) 135,858,029 ordinary shares of RM1.00 each; or 
2) in the event of any change in the issued and paid-up share capital of MCT, such number of MCT shares calculated as (15.658% x issued and paid-up share capital) x 65% or which shall in any event enable RWIL to increase its shareholding of MCT to 24.815% (on the basis that RWIL simultaneously exercises its similar rights under the terms of both Call Option Agreements); and

Second Option

Following the exercise of the First Option, RWIL shall have the right, but not the obligation, to acquire:-
1) an additional 70,577,786 ordinary shares of RM1.00 each; or
2) in the event of any change in the issued and paid-up share capital of MCT, such number of MCT shares calculated as (8.135% x issued and paid-up share capital) x 65% or which shall in any event enable RWIL to increase its shareholding from 24.815% to 32.95% (on the basis that RWIL simultaneously exercises its similar rights under the terms of both Call Option Agreements) 

This Notice was received by the Company on 13 May 2015.

The above announcement is also made to comply with Paragraph 14.09 of Bursa Malaysia Securities Berhad Main Market Listing Requirements.


Announcement Info

Company Name MCT BERHAD
Stock Name MCT
Date Announced 13 May 2015
Category Change in Substantial Shareholders Interest Pursuant to Form 29B
Reference Number CS2-11052015-00153



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