Changes in Director’s Interest (Section 219 of Ca 2016) – Mr Mac Ngan Boon @ Mac Yin Boon

January 20, 2023

Company Name	:	FAVELLE FAVCO BERHAD
Stock Name	:	FAVCO
Date Announced	:	20 Jan 2023
Category	:	Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number	:	CS4-19012023-00023

Changes in Director's Interest (Section 219 of CA 2016)

FAVELLE FAVCO BERHAD

Information Compiled By KLSE

Particulars of Director

Name	MR MAC NGAN BOON @ MAC YIN BOON
Descriptions(Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of transaction	Nature of Interest
1	17/01/2023	1,427,600	Acquired	Deemed Interest
	Name of registered holder	MUHIBBAH ENGINEERING (M) BHD
	Description of "Others" Type of Transaction
	Consideration (if any)	RM2,409,745.97
2	18/01/2023	1,630,100	Acquired	Deemed Interest
	Name of registered holder	MUHIBBAH ENGINEERING (M) BHD
	Description of "Others" Type of Transaction
	Consideration (if any)	RM3,034,452.34
3	19/01/2023	842,100	Acquired	Deemed Interest
	Name of registered holder	MUHIBBAH ENGINEERING (M) BHD
	Description of "Others" Type of Transaction
	Consideration (if any)	RM1,495,664.76

Circumstances by reason of which change has occurred	Acquisition of Favelle Favco Berhad's Shares by Muhibbah Engineering (M) Bhd from the open market, which he is deemed interested.
Nature of interest	Deemed Interest

Total no of securities after change

Direct (units)	10,842,913
Direct (%)	4.642
Indirect/deemed interest (units)	151,112,843
Indirect/deemed interest (%)	64.698
Date of notice	20/01/2023
Date notice received by Listed Issuer	20/01/2023

Remarks :

This announcement also serves as a notification pursuant to Paragraph 14.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The above acquisition of 3,899,800 shares in the open market by Muhibbah Engineering (M) Bhd represents 1.670% of the total number of issued share capital of the Company.