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Bursa Announcements

Date : 09 February 2011

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

MALAYSIA SMELTING CORPORATION BERHAD

Particulars of substantial Securities Holder

Name

THE CAIRNS PTE LTD
Address9 BATTERY ROAD #09-01
STRAITS TRADING BUILDING
SINGAPORE 049910
NRIC/Passport No/Company No.200502854M
Nationality/Country of incorporationSINGAPORE
Descriptions (Class & nominal value)ORDINARY SHARES OF RM1.00 EACH
Name & address of registered holder1. REDRING SOLDER (MALAYSIA) SDN BHD (281,100 SHARES)
2. MAYBAN NOMINEES (ASING) SDN BHD FOR SWORD INVESTMENTS PRIVATE LIMITED (5,396,300 SHARES)
3. MAYBAN NOMINEES (ASING) SDN BHD FOR BAXTERLEY HOLDINGS PRIVATE LIMITED (3,700,000 SHARES)
4. MAYBAN NOMINEES (ASING) SDN BHD FOR THE STRAITS TRADING COMPANY LIMITED (28,090,000 SHARES)
5. STRAITS TRADING AMALGAMATED RESOURCES SDN BHD (10,073,900 SHARES)
6. CIMB NOMINEES (TEMPATAN) SDN BHD FOR STRAITS TRADING AMALGAMATED RESOURCES SDN BHD (7,300,600 SHARES)

Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transactionDate of change
No of securities
Price Transacted (RM)
Others27/01/2011
54,841,900
 

Description of other type of transactionOn 26 January 2011 the Company alloted an additional 25,000,000 ordinary shares for its dual listing on The Singapore Exchange Securities Trading Limited thereby increasing its issued and paid up capital from RM75,000,000 comprising of 75,000,000 ordinary shares to RM100,000,000 comprising of 100,000,000 ordinary shares.

Thus the percentage of shareholdings of The Straits Trading Company Group's was diluted.
Circumstances by reason of which change has occurredConsequent upon the listing of and quotation for the entire enlarged issued and paid-up share capital of Malaysia Smelting Corporation Berhad ("MSC" or "the Company")of RM100,000,000 comprising of 100,000,000 MSC shares on the Main Board of The Singapore Exchange Securities Trading Limited on 27 January 2011, The Straits Trading Company Group's shareholding in MSC has reduced from 73.12% to 54.84%.

The Cairns Pte Ltd, holds a 88.94% interest in The Straits Trading Company Limited and is accordingly, deemed to be interested in MSC via shares held in aggregate by The Straits Trading Company Group.
Nature of interestDEEMED
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)54,841,900 
Indirect/deemed interest (%)54.84 
Total no of securities after change54,841,900
Date of notice09/02/2011


Announcement Info

Company NameMALAYSIA SMELTING CORPORATION BERHAD  
Stock Name MSC    
Date Announced9 Feb 2011  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoMS-110209-60686

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