Notice of Person Ceasing (29C)

HUP SENG INDUSTRIES BERHAD

Particulars of Substantial Securities Holder

Name MR TEO LEE TONG
Nationality/Country of incorporation Singapore
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 50480 KUALA LUMPUR

TEO LEE TONG
BLOCK-2, BEDOK RESERVOIR VIEW, #12-01, SINGAPORE 479232
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.

Teo Lee Tong 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 24 Feb 2017


Remarks :
Interest of Teo Lee Tong in Hup Seng Industries Berhad comprises of the following:

Direct interest - 5,173,333 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 27 Feb 2017
Category Notice of Person Ceasing Substantial Shareholders Pursuant to Form 29C
Reference Number CS3-27022017-00002