Holding(s) in Company
Published: 14/12/2005, 09:31
Worldsec Ld 14 December 2005 To: Company Announcement Office NOTIFICATION OF MAJOR INTERESTS IN SHARES Worldsec Limited (the "Company") refers to the announcement made on 8 December 2005, a copy of which is reproduced below:- "Worldsec Limited (the "Company") was notified on 8 December 2005 that The Bank of Tokyo-Mitsubishi, Ltd., ("BTM") disposed of 3,225,000 ordinary shares of US$0.001 each in Worldsec Limited on 6 December 2005 representing approximately 24.1% of the ordinary shares in issue to Grand Acumen Holdings Limited. Following the above disposal, BTM is no longer interested in any shares of Worldsec Limited. The Company was notified by Grand Acumen Holdings Limited ("GAH") that GAH, a company incorporated in the British Virgin Islands with limited liability, is equally ownedby Messrs Alec Tsui Yiu Wa, Yue Wai Keung, Li Song Xiao, Henry Ying Chew Cheong. While Messrs Tsui, Yue, and Li are independent third parties and have no interests in the issued share capital of the Company before the above acquisition by GAH, Mr Henry Ying Chew Cheong is currently Worldsec Limited's Deputy Chairman and Non-executive Director and personally holds 950,000 ordinary shares in the Company representing approximately 7.1% of the ordinary shares in issue." The Company was further notified by Grand Acumen Holdings Limited ("GAH") on 14 December 2005 that the price per share paid by GAH to The Bank of Tokyo-Mitsubishi, Ltd. in the above acquisition was US$0.15. Paul K K Cheng Finance Director and Company Secretary This information is provided by RNS The company news service from the London Stock Exchange