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    Notice Of Person Ceasing (29C) - Mitsubishi Ufj Financial Group, Inc

    BackFeb 03, 2017

    Particulars of Substantial Securities Holder

    Name MITSUBISHI UFJ FINANCIAL GROUP, INC
    Address 7-1, MANUNOUCHI 2-CHROME ,
    CHIYODA-KU,
    TOKYO
    100-8330
    Japan.
    Company No. -
    Nationality/Country of incorporation Japan
    Descriptions (Class & nominal value)

    Ordinary Shares

    Date of cessation 31 Jan 2017
    Name & address of registered holder

    Morgan Stanley & Co. International PLC 25 Cabot Square Canary Wharf London E14 4QA United Kingdom

    Currency
    No of securities disposed 186,416
    Price Transacted ($$)
    Circumstances by reason of which Securities Holder has interest

    Mitsubishi UFJ Financial Group("MUFG") is deemed interested in the shares of YNH Property Berhad ("Company") held by the Morgan Stanley Group by virtue of:-

    MUFG's holding more than 20% interest in shares of Morgan Stanley Group.

    Pursuant to Section 6A(4)(c) of the Companies Act 1965("CA2016"), MUFG was deemed interested in the shares of the Company held by Aberdeen Asset Management PLC ("Aberdeen") (and its subsidiaries) as MUFG's wholly owned subsidiary, Mitsubishi UFJ Trust & Banking Corp, holds more than 15% in Aberdeen.

    As at 31/01/2017, Aberdeen and its subsidiaries hold 76,645,976 shares of the Company.

    By virtue of the coming into force of the CA2016 on 31/01/2017, pursuant to Section 8(4)(c) of the CA2016, MUFG is no longer deemed interested in the shares of the Company in which Aberdeen has an interest as Mitsubishi UFJ Trust & Banking Corp does not hold 20% or more in Aberdeen. As a result, MUFG ceases to be deemed a substantial shareholder of the Company.

    Nature of interest

    Deemed Interest

    Date of notice 02 Feb 2017

     


    Remarks :

    Received notice dated 2 February 2017 from Mitsubishi UFJ Financial Group on 3 February 2017. This announcement is dated 3 February 2017.

     


    Announcement Info

    Company Name YNH PROPERTY BERHAD
    Stock Name YNHPROP
    Date Announced 03 Feb 2017
    Category Notice of Person Ceasing Substantial Shareholders Pursuant to Form 29C
    Reference Number CS3-03022017-00014