News

Reference is made to the announcement by the Company on 19 June 2020 (Reference number: CS1-19062020-00001) in respect of notice received from CIMB Commerce Trustee Berhad on Notice of Interest of Substantial Shareholder pursuant to Section 137 of the Companies Act 2016.

The Company wishes to announce that CIMB Commerce Trustee Berhad has written to the Company today to retract the aforesaid notice as upon verification, the 24,115,100 shares of  Prestariang Berhad  held under the registered holder named CIMB Commerce Trustee Berhad as trustee for Affin Hwang Multi-Asset Fund 3 after the acquisition of shares pursuant to the recent private placement by the Company represents 4.55% of the enlarged issued and paid up share capital of the Company and not 5% as previously stated in the announcement dated 19 June 2020. As such, CIMB Commerce Trustee Berhad is not a substantial shareholder of the Company.

This announcement is dated 22 June 2020.