Changes in Director's Interest (Section 219 of CA 2016)

TIME DOTCOM BERHAD

Information Compiled By KLSE

Particulars of Director

Name MR PATRICK CORSO
Descriptions(Class) Ordinary shares

Details of changes

No
Date of change
No of securities
Type of transaction
Nature of Interest
11/07/2025
200,909,792
Others
Deemed Interest
Name of registered holder Megawisra Investments Ltd.
Description of "Others" Type of Transaction Distribute DIS
Consideration (if any)
11/07/2025
33,484,965
Others
Direct Interest
Name of registered holder Patrick Corso
Description of "Others" Type of Transaction Receive DIS
Consideration (if any)

Circumstances by reason of which change has occurred 
Global Transit International Sdn Bhd (GTI) distributed 200,909,792 TIME dotCom Berhad (TDC) ordinary shares (TDC Shares) via a partial dividend-in-specie (DIS) to its sole shareholder Megawisra Sdn Bhd (MSB). In turn, MSB distributed 200,909,792 TDC Shares via a DIS to its sole shareholder Megawisra Investments Limited (MIL). In turn, MIL distributed 200,909,792 TDC Shares via a DIS to 2 of its shareholders, Afzal Abdul Rahim (Afzal) and Patrick Corso (Patrick). Pursuant to the DIS, Afzal received 167,424,827 TDC Shares and Patrick received 33,484,965 TDC Shares. The collective interest of GTI, MSB, MIL, Afzal and Patrick in TDC remains unchanged.

This transaction follows the DIS of TDC Shares made by Pulau Kapas Ventures Sdn Bhd (PKV) to its shareholders, GTI and Khazanah Nasional Bhd, announced on 21 April 2025.
Nature of interest 
Direct and Indirect Interest

Total no of securities after change
Direct (units) 34,484,965
Direct (%) 1.865
Indirect/deemed interest (units) 212,235,534
Indirect/deemed interest (%) 11.480
Date of notice 11/07/2025
Date notice received by Listed Issuer 11/07/2025


Remarks :
Deemed interested by virtue of his interests held through PKV, GTI and MSB via his shareholdings in MIL pursuant to Section 8 of the Companies Act 2016.

Announcement Info

Company Name TIME DOTCOM BERHAD
Stock Name TIMECOM
Date Announced 11 Jul 2025
Category Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference Number CS4-09072025-00012