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

TIME DOTCOM BERHAD

Particulars of substantial Securities Holder

Name MR PATRICK CORSO
Nationality/Country of incorporation Italy
Descriptions (Class) Ordinary shares

Details of changes

No Date of change
No of securities
 Type of Transaction Nature of Interest
1 17 Apr 2025
278,413,846
 Others Deemed Interest
Name of registered holder Pulau Kapas Ventures Sdn Bhd
Description of "Others" Type of Transaction Distribute DIS
2 17 Apr 2025
223,233,102
 Others Deemed Interest
Name of registered holder Global Transit International Sdn Bhd
Description of "Others" Type of Transaction Receive DIS

Circumstances by reason of which change has occurred Pulau Kapas Ventures Sdn Bhd ("PKV") has distributed 278,413,846 TIME dotCom Berhad ("TDC") ordinary shares via a partial dividend-in-specie ("DIS") to its two shareholders, Global Transit International Sdn Bhd ("GTI") and Khazanah Nasional Berhad ("KNB"). Pursuant to the DIS, GTI has received 223,233,102 TDC ordinary shares and KNB has received 55,180,744 TDC ordinary shares. This is part of a shareholding rationalisation that was planned and previously announced by PKV's shareholders on 10 October 2023. Pursuant to this specific transaction the collective interest of PKV, GTI and KNB in TDC remains unchanged.
Nature of interest Deemed Interest
Direct (units) 1,000,000
Direct (%) 0.054
Indirect/deemed interest (units) 413,145,326
Indirect/deemed interest (%) 22.346
Total no of securities after change 414,145,326
Date of notice 21 Apr 2025
Date notice received by Listed Issuer 21 Apr 2025


Remarks :
Deemed interested by virtue of his interests held through PKV, GTI and Megawisra Sdn Bhd via his shareholdings in Megawisra Investments Limited pursuant to Section 8 of the Companies Act 2016.

Announcement Info

Company Name TIME DOTCOM BERHAD
Stock Name TIMECOM
Date Announced 21 Apr 2025
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-04042025-00157