Big fish get share placement and sell in open market. Did he made a loss this time?Question is why Azman khan only get private placement shares? Why not existing shareholders? Maybe right issue for SAAG may not be underwritten by the banks cos the company is not bankable lah.
9652 SAAG SAAG CONSOLIDATED (M) BHD
Notice of Cessation of Substantial Shareholder (29C)
Particulars of Shareholder 39
Name : Azman Khan Bin Hakik Khan
NRIC/Passport No./Company No. : 740303-10-5365
Nationality/Country of Incorporation : Malaysian
Address:
No. 41, Jalan Baru,
43000 Kajang, Selangor
Descriptions (Class and Nominal Value):
Ordinary shares of RM0.10 each
Name and Address of Registered Holder:
You are advised to read the full contents of the announcement or attachment at
http://www.bursamalaysia.com.
Details of Changes
Date of Notice : 15/04/2010
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 02/04/2010 Disposed 5,000,000 -
Circumstances by reason of which change has occurred:
Sale of shares in the open market - Deemed interest by virtue of his
shareholding in Nov' Eight Holding Sdn Bhd pursuant to Section 6A(4) of the
Companies Act, 1965.
Nature of Interest:
Indirect
Consideration:
No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 0 shares
Remarks:
N/A
Submitted By:
Vijeyalatha a/p V. Rajaratnam
This post has been edited by alenac: Apr 20 2010, 06:26 PM