Bursa Announcements

Date : 28 March 2011

Notice of Person Ceasing (29C)

FUTUTECH BERHAD

Particulars of substantial Securities Holder

Name

Eastern & Oriental Berhad
AddressLevel 3A (Annexe)
Menara Milenium
8, Jalan Damanlela
Damansara Heights
50490 Kuala Lumpur
NRIC/Passport No/Company No.555-K
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Date of cessation28/03/2011
Name & address of registered holderAmSec Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for E&O Property Development Berhad (“EOPD”)
15th Floor, Bangunan AmBank Group
55 Jalan Raja Chulan
50200 Kuala Lumpur
(No of shares - 10,375,783)

AmSec Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Samudra Pelangi Sdn Bhd (“SPSB”)
15th Floor, Bangunan AmBank Group
55 Jalan Raja Chulan
50200 Kuala Lumpur
(No of shares - 5,894,000)
CurrencyMalaysian Ringgit (MYR)
Number of securities disposed16,269,783 
Price Transacted ($$) 
Circumstances by reason of which a person ceases to be a substantial securities HolderDisposal by EOPD of its entire equity interest in Fututech Berhad (“Fututech”) pursuant to a Share Sale Agreement dated 24 March 2011.

Disposal by SPSB of its entire equity interest in Fututech pursuant to a Share Sale Agreement dated 24 March 2011.

SPSB is a wholly-owned subsidiary of Tinggi Murni Sdn Bhd (“TMSB”) which in turn is a wholly-owned subsidiary of EOPD.

Dynamic Degree Sdn Bhd (“DDSB”), a wholly-owned subsidiary of Eastern & Oriental Berhad (“E&O”) has an indirect interest in Fututech by virtue of Section 6A(4) of the Companies Act, 1965 held through EOPD.

E&O has an indirect interest in Fututech by virtue of Section 6A(4) of the Companies Act, 1965 held through DDSB and EOPD.
Nature of interestIndirect
Date of notice28/03/2011


Announcement Info

Company NameFUTUTECH BERHAD  
Stock Name FUTUTEC    
Date Announced28 Mar 2011  
CategoryNotice of Person Ceasing to be a Substantial Shareholder Pursuant to Form 29C of the Companies Act. 1965
Reference NoFF-110328-139B4

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