BURSA ANNOUCEMENTS

Date : 30 March 2021

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

VIVOCOM INTL HOLDINGS BERHAD

Particulars of substantial Securities Holder

Name DATO' SERI CHIA KOK TEONG
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
1 30 Mar 2021
164,250,000
Acquired Direct Interest
Name of registered holder UOB Kay Hian Nominees (Tempatan) Sdn. Bhd.
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition by Vivocom Intl Holdings Berhad ("Vivocom") of 113,535,000 ordinary shares in V Development Sdn Bhd ("V Development"), representing 45.0% equity interest in V Development, from Dato' Seri Chia Kok Teong for a total purchase consideration of RM171,000,000 to be satisfied via a combination of cash consideration, and issuance and allotment of 164,250,000 new ordinary shares in Vivocom ("Vivocom Share(s)") ("Consideration Share(s)") at an issue price of RM0.40 per Consideration Share, and issuance and allotment of up to 128,250,000 irredeemable convertible preference shares ("ICPS") ("Consideration ICPS") at an issue price of RM0.40 per Consideration ICPS
Nature of interest Direct Interest
Direct (units) 294,766,934
Direct (%) 32.52
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 294,766,934
Date of notice 30 Mar 2021
Date notice received by Listed Issuer 30 Mar 2021



Announcement Info

Company Name VIVOCOM INTL HOLDINGS BERHAD
Stock Name VIVOCOM
Date Announced 30 Mar 2021
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-29032021-00062


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