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Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

LION INDUSTRIES CORPORATION BERHAD

Particulars of substantial Securities Holder

Name TAN SRI CHENG YONG KIM
Nationality/Country of incorporation Malaysia
Descriptions (Class) Warrants

Details of changes

No Date of change
No of securities
 Type of Transaction Nature of Interest
14 Dec 2022
5,704,769
 Acquired Deemed Interest
Name of registered holder Cheng Yong Kim
Description of "Others" Type of Transaction
14 Dec 2022
9,375
 Acquired Deemed Interest
Name of registered holder A nominee but beneficially owned by Cheng Yong Kim
Description of "Others" Type of Transaction
14 Dec 2022
41,788
 Acquired Deemed Interest
Name of registered holder Dynamic Horizon Holdings Limited
Description of "Others" Type of Transaction
14 Dec 2022
14,894,525
 Acquired Deemed Interest
Name of registered holder RHB Nominees (Asing) Sdn Bhd Pledged Securities Account for Dynamic Horizon Holdings Limited
Description of "Others" Type of Transaction
14 Dec 2022
16,300,000
 Acquired Deemed Interest
Name of registered holder Maybank Nominees (Asing) Sdn Bhd MTrustee Berhad for Dynamic Horizon Holdings Limited (419461)
Description of "Others" Type of Transaction
14 Dec 2022
6,000,000
 Acquired Deemed Interest
Name of registered holder Affin Hwang Nominees (Asing) Sdn Bhd Dynamic Horizon Holdings Limited
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Allotment of warrants by Lion Industries Corporation Berhad ("LICB") ("Warrants") pursuant to the bonus issue of Warrants undertaken by LICB.
Nature of interest Deemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 128,851,373
Date of notice 16 Dec 2022
Date notice received by Listed Issuer 16 Dec 2022


Remarks :
The total number of securities after change comprises 85,900,916 ordinary shares in LICB ("Shares") and 42,950,457 Warrants exercisable into 42,950,457 new Shares at an exercise price of RM0.43 for each new Share.

Announcement Info

Company Name LION INDUSTRIES CORPORATION BERHAD
Stock Name LIONIND
Date Announced 16 Dec 2022
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-12122022-00004




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