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

MCT BERHAD

Particulars of substantial Securities Holder

Name REGENT WISE INVESTMENTS LIMITED
Address Level 54, Hopewell Centre
183 Queen's Road East
Hong Kong.
NRIC/Passport No/Company No. 1455339
Nationality/Country of incorporation Hong Kong
Descriptions (Class & nominal value) Ordinary Shares of RM1.00 each
Name & address of registered holder Regent Wise Investments Limited Level 54, Hopewell Centre 183 Queen's Road East Hong Kong

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Description of Others Date of change
No of securities
Price Transacted (RM)
Others Call Options 08 May 2015
209,012,352
Others Call Options 08 May 2015
108,581,209

Circumstances by reason of which change has occurred Entitlement to call options from Tan Sri Dato' Sri Goh Ming Choon and Dato' Sri Tong Seech Wi pursuant to the Call Option Agreement dated 8 May 2015
Nature of interest Direct
Direct (units) 122,215,500
Direct (%) 9.156
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 122,215,500
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

RWIL shall have the right, but not the obligation, to acquire:-

1) 209,012,352 ordinary shares of RM1.00 each (comprising 135,858,029 ordinary shares from TSBG and 73,154,323 ordinary shares from DST); 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% from TSBG and (15.658% x issued and paid-up share capital) x 35% from DST  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 108,581,209 ordinary shares of RM1.00 each (comprising 70,577,786 ordinary shares from TSBG and 38,003,423 ordinary shares from DST); 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% from TSBG and (8.135% x issued and paid-up share capital) x 35% from DST 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) 

The Form 29B was received by the Company on 14 May 2015.


Announcement Info

Company Name MCT BERHAD
Stock Name MCT
Date Announced 14 May 2015
Category Change in Substantial Shareholders Interest Pursuant to Form 29B
Reference Number CS2-11052015-00154




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