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


Particulars of substantial Securities Holder

Nationality/Country of incorporation Malaysia
Descriptions (Class & nominal value) Ordinary shares
Name & address of registered holder 1) Blue Ocean Enlightenment Sdn Bhd No. 3, Jalan Zarib 3 Kawasan Perindustrian Zarib 31500 Lahat, Perak 2) Genius Thinkers Sdn Bhd No. 3, Jalan Zarib 3 Kawasan Perindustrian Zarib 31500 Lahat, Perak

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Description of Others Date of change
No of securities
Price Transacted ($$)
Disposed 15 Mar 2017

Circumstances by reason of which change has occurred Disposed in off market deal (Direct business transaction)
Nature of interest Indirect interest
Direct (units)
Direct (%)
Indirect/deemed interest (units) 245,900,000
Indirect/deemed interest (%) 63.38
Total no of securities after change 245,900,000
Date of notice 16 Mar 2017

Remarks :
Name of Registered Holders- Total No. of Shares after changes (%)

Indirect interest
Blue Ocean Enlightenment Sdn. Bhd. - 214,500,000 (55.28%)*
Genius Thinkers Sdn. Bhd. - 31,400,000 (8.09%)*

*Deemed interested by virtue of his shareholdings in Blue Ocean Enlightenment Sdn. Bhd. and Genius Thinkers Sdn. Bhd. pursuant to Section 8 of the Companies Act, 2016.

The disposal of 2,000,000 ordinary shares by Genius Thinkers Sdn. Bhd. represent 0.52% of the issued share capital of the Company.

This announcement is made in respect of Changes in the Interest of Substantial Shareholder received by the Company on 16 March 2017.

Announcement Info

Stock Name SALUTE
Date Announced 16 Mar 2017
Category Change in Substantial Shareholders Interest Pursuant to Form 29B
Reference Number CS2-16032017-00007