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Changes in Director's Interest (Section 219 of CA 2016)

SOLARVEST HOLDINGS BERHAD

Information Compiled By KLSE

Particulars of Director

Name MR TAN CHYI BOON
Descriptions(Class) Ordinary Shares

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
23/05/2022
8,300,000
Acquired
Direct Interest
Name of registered holder Tan Chyi Boon
Description of "Others" Type of Transaction
Consideration (if any) RM6,225,000.00
23/05/2022
20,000,000
Disposed
Indirect Interest
Name of registered holder Atlantic Blue Holdings Sdn. Bhd.
Description of "Others" Type of Transaction
Consideration (if any) RM15,000,000.00

Circumstances by reason of which change has occurred
(1) Acquisition of shares from Atlantic Blue Holdings Sdn. Bhd. via direct business transaction.
(2) Disposal of shares by Atlantic Blue Holdings Sdn. Bhd. via direct business transaction.
Nature of interest
Direct and Indirect Interest

Total no of securities after change

Direct (units) 36,850,000
Direct (%) 5.520
Indirect/deemed interest (units) 152,651,982
Indirect/deemed interest (%) 22.867
Date of notice 25/05/2022
Date notice received by Listed Issuer 25/05/2022


Remarks :
1. Indirect interest:- - Deemed interest by virtue of his interest in Atlantic Blue Holdings Sdn. Bhd. pursuant to Section 8 of the Companies Act 2016. (a) Atlantic Blue Holdings Sdn. Bhd. (137,651,982 ordinary shares) (b) M & A Nominee (Tempatan) Sdn. Bhd. Majestic Salute Sdn. Bhd. for Atlantic Blue Holdings Sdn. Bhd. (7,500,000 ordinary shares) (c) UOB Kay Hian Nominees (Tempatan) Sdn. Bhd. Pledged Securities Account for Atlantic Blue Holdings Sdn. Bhd. (7,500,000 ordinary shares) 2. The disposal of 20,000,000 ordinary shares by Atlantic Blue Holdings Sdn. Bhd. represents 2.996% of the total issued share capital of the Company. 3. The acquisition of 8,300,000 ordinary shares represents 1.243% of the total issued share capital of the Company.


Announcement Info

Company Name SOLARVEST HOLDINGS BERHAD
Stock Name SLVEST
Date Announced 25 May 2022
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-25052022-00019




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