Changes in Sub. S-hldr's Int (Section 138 of CA 2016) MCT BERHAD
Particulars of substantial Securities Holder Name URUSHARTA JAMAAH SDN. BHD. Address LEVEL 7, BANGUNAN SETIA 1, 15, LORONG DUNGUN, BUKIT DAMANSARA, KUALA LUMPUR 50490 Wilayah Persekutuan Malaysia. Company No. 201801045610 (1307642-V) 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 16 Mar 2020 69,918,095 Transferred Direct Interest Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (1) Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR. Description of "Others" Type of Transaction 2 16 Mar 2020 19,068,571 Transferred Direct Interest Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (ABERDEEN 1) Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR. Description of "Others" Type of Transaction 3 16 Mar 2020 12,712,382 Transferred Direct Interest Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (FRANKLIN 1) Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR. Description of "Others" Type of Transaction 4 16 Mar 2020 19,068,571 Transferred Direct Interest Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (MAYBANK 1) Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR. Description of "Others" Type of Transaction 5 16 Mar 2020 19,068,571 Transferred Direct Interest Name of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (NOMURA 1) Address of registered holder LEVEL 42, MENARA CITIBANK, 165 JALAN AMPANG, 50450 KUALA LUMPUR. Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred TRANSFER OF SHARES Nature of interest Direct Interest Direct (units) 127,412,800 Direct (%) 8.745 Indirect/deemed interest (units) Indirect/deemed interest (%) Total no of securities after change 127,412,800 Date of notice 17 Mar 2020 Date notice received by Listed Issuer 19 Mar 2020
Remarks : NAME OF REGISTERED HOLDER AND TOTAL NUMBER OF SHARES HELD AFTER CHANGE ---------------------------------------------------------------------------------------------------------
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (1).: 12,712,381
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (ABERDEEN 1).: 19,068,571
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (AFFIN 1).: 25,424,762
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (FRANKLIN 1).: 12,712,382
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (MAYBANK 1).: 19,068,571
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH SDN BHD (NOMURA 1).: 19,068,571
CITIGROUP NOMINEES (TEMPATAN) SDN BHD - URUSHARTA JAMAAH S B (PRINCIPAL 1).: 19,357,562
GRAND TOTAL : 127,412,800
Announcement Info Company Name MCT BERHAD Stock Name MCT Date Announced 19 Mar 2020 Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 Reference Number CS2-16032020-00381
If u have cash , just help the cash poor sellers :)
People are selling everything and the common thread is they just want cash,” Reuters quoted Stuart Oakley, a Singapore-based executive with Nomura, as saying.
"People just want cash because at the end of the day, people don't know where their next revenue is coming from and they've got payments to meet. I don't think that's going to change.” Oakley said.
To remind, if you don't have holding power & looking for short term profit. DON'T BUY MCT. Now. market up 68 points, almost all the shares up with 2 digits but MCT still under force selling.
Till today, estimated URUSHARTA sold 33 mil shares. Balance 100 mil to be sell within 2 weeks. let's see whether can sell down till 0.05, then is big bonus...
TH bought MCT 133 mil shares with price RM 1.28. Share transfer to Urusharta with price RM 1.28 but actual market price only RM 0.75, cost RM 170 mil somewhere around Dec'2018 Now Urusharta sell the shares with price < RM 0.10, if sell all then will get back RM 13 mil. Total loss is RM 170 mil - RM 13 mil = RM 157 mil (95%). Good job, TH/Urusharta..
FUNDAMENTAL of MCT is super strong with great support from Ayala Land. Ayala Land provide RM 500 mil cash to support daily operation. In this critical period, cash is the king.
Urusharta disposed another 13 mil shares on 19/March. Estimated sold another 30 mil shares on 20/March. Balance shares is 70 mil only. 24 Mar 2020-- 19 Mar 2020-- Disposed-- 2,916,200-- URUSHARTA JAMAAH SDN. BHD. 24 Mar 2020-- 19 Mar 2020-- Disposed-- 685,000-- URUSHARTA JAMAAH SDN. BHD. 24 Mar 2020-- 19 Mar 2020-- Disposed-- 10,500,000-- URUSHARTA JAMAAH SDN. BHD. 23 Mar 2020-- 18 Mar 2020-- Disposed-- 1,600,000-- URUSHARTA JAMAAH SDN. BHD. 23 Mar 2020-- 18 Mar 2020-- Disposed-- 1,000,000-- URUSHARTA JAMAAH SDN. BHD. 20 Mar 2020-- 17 Mar 2020-- Disposed-- 1,529,100-- URUSHARTA JAMAAH SDN. BHD. 20 Mar 2020-- 17 Mar 2020-- Disposed-- 557,200 --URUSHARTA JAMAAH SDN. BHD. 16 Mar 2020-- 11 Mar 2020-- Disposed-- 3,546,300-- URUSHARTA JAMAAH SDN. BHD. 13 Mar 2020-- 10 Mar 2020-- Disposed-- 1,305,600-- URUSHARTA JAMAAH SDN. BHD. 10 Mar 2020-- 05 Mar 2020-- Disposed-- 1,215,300-- URUSHARTA JAMAAH SDN. BHD.
23/March & 24/March sold another 20 mil shares, balance in hand should be 50 mil shares. If this is the case, cheap sale will finish by this week. For long term investors, need to plan how to grab more MCT at lowest price by this week. Good luck to all long term investors.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ochai
350 posts
Posted by ochai > 2020-03-19 22:52 | Report Abuse
buying mode ON!! .. woot woot!!