| Company Name | : | FAVELLE FAVCO BERHAD |
| Stock Name | : | FAVCO |
| Date Announced | : | 13 May 2022 |
| Category | : | Changes in Director's Interest Pursuant to Section 219 of CA 2016 |
| Reference Number | : | CS4-13052022-00002 |
Changes in Director's Interest (Section 219 of CA 2016)
FAVELLE FAVCO BERHAD
Information Compiled By KLSE
Particulars of Director
| Name | MISS LEE POH KWEE |
| Descriptions(Class) | Ordinary Shares |
Details of changes
| No |
Date of change |
No of securities |
Type of transaction |
Nature of Interest |
|
1 |
11/05/2022 |
1,200,000 |
Others |
Direct Interest |
| Name of registered holder | LEE POH KWEE | |||
| Description of "Others" Type of Transaction | Exercise of options | |||
| Consideration (if any) | RM2.35 each | |||
| Circumstances by reason of which change has occurred |
Exercise of 1,200,000 options under the Share Issuance Scheme
|
| Nature of interest |
Direct Interest
|
Total no of securities after change |
|
| Direct (units) | 2,915,000 |
| Direct (%) | 1.258 |
| Indirect/deemed interest (units) | |
| Indirect/deemed interest (%) | |
| Date of notice | 13/05/2022 |
| Date notice received by Listed Issuer | 13/05/2022 |
Remarks :
This announcement also serves as a notification pursuant to Paragraph 14.08 of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad ("Bursa Securities"). This dealing is exempted pursuant to paragraph 14.06 of the MMLR of Bursa Securities. The above exercise of 1,200,000 options under Share Issuance Scheme represents 0.518% of the total number of issued share capital of the Company.