Notice of Person Ceasing (29C)

HUP SENG INDUSTRIES BERHAD

Particulars of Substantial Securities Holder

Name DATO' SERI KER (KERK) KIM TIM @ KERK CHOO TING
Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value)
Ordinary shares
Date of cessation 31 Jan 2017
Name & address of registered holder
HSB GROUP SDN. BHD.
34-2 JALAN 24/70A, DESA SRI HARTAMAS 5048 KUALA LUMPUR

DATO' SERI KER (KERK) KIM TIM @ KERK CHOO TING
21 JALAN 9/155A, BUKIT JALIL, 57000 KUALA LUMPUR
Currency
No of securities disposed
Price Transacted ($$)
Circumstances by reason of which Securities Holder has interest
HSB Group Sdn. Bhd. holds 51% of Hup Seng Industries Berhad and thus is a substantial shareholder of Hup Seng Industries Berhad.

Dato' Seri Ker (Kerk) Kim Tim @ Kerk Choo Ting holds less than 20% direct interest in HSB Group Sdn. Bhd. and pursuant to Section 8(4)(c ) of the Companies Act, 2016 which came in force on 31 January 2017, he ceased to be deemed a substantial shareholder of Hup Seng Industries Berhad.
Nature of interest
Indirect/deemed
Date of notice 22 Feb 2017


Remarks :
Interest of Dato' Seri Ker (Kerk) Kim Tim @ Kerk Choo Ting in Hup Seng Industries Berhad comprises of the following:

Direct interest - 8,600,000 shares
Deemed interest - 408,000,753 shares held by HSB Group Sdn. Bhd. directly


Announcement Info

Company Name HUP SENG INDUSTRIES BERHAD
Stock Name HUPSENG
Date Announced 23 Feb 2017
Category Notice of Person Ceasing Substantial Shareholders Pursuant to Form 29C
Reference Number CS3-23022017-00002