Get the free Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act

This document reports changes in the substantial shareholder's interest for Genting Plantations Berhad, detailing transactions related to the acquisition and disposal of shares by the Employees Provident

How to fill out changes in substantial shareholders

How to fill out Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act

1. Gather all necessary information about the substantial shareholder.
2. Identify the changes in the shareholding structure that need to be reported.
3. Complete the Form 29B by entering the details of the substantial shareholder and the changes.
4. Ensure that the percentage of shares held before and after the change is clearly stated.
5. Provide the date when the change in shareholding occurred.
6. Cross-check the information for accuracy and completeness.
7. Submit the completed Form 29B to the relevant authority as specified under the Companies Act.

Who needs Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act?

1. Entities or individuals who are substantial shareholders in a company.
2. Companies that have undergone a change in the ownership of significant shares.
3. Regulatory bodies that require transparency in the ownership structure of companies.

People Also Ask about

What is substantial shareholding interest in shares?

A substantial shareholding means a shareholding in respect of which the following conditions are met: The disposing company holds at least 10% of the ordinary share capital of the other company; The disposing company is entitled to at least 10% of profits available for distribution; and.

What percentage is considered a major shareholder?

A single shareholder who owns and controls more than 50% of a company's outstanding shares is referred to as a majority shareholder. Those who hold less than 50% of a company's stock are classified as minority shareholders.

What is considered a substantial shareholder?

A “substantial shareholder” is a shareholder who has an interest or interests in one or more voting shares (excluding treasury shares) in the company and the total votes attached to that share, or those shares, is not less than 5% of the total votes attached to all voting shares (excluding treasury shares) in the

Who is a substantial shareholder?

4A R) as any person who is entitled to exercise, or to control the exercise of, 10% or more of the votes able to be cast on all or substantially all matters at general meetings of the company (or of any company which is its subsidiary undertaking or parent undertaking or of a fellow subsidiary undertaking of its parent

What is a 5% substantial shareholder?

In short, a “substantial shareholder” of a company refers to a person who has an interest in one or more voting shares in the company which is 5% or more of the total number of all voting shares in the company.

What is substantial shareholding 10%?

Substantial shareholding exemption – the main exemption The substantial shareholding requirement is usually 10% of the ordinary share capital. However, many rules apply in calculating the 10%. The company disposing of the shares is a sole trading company or a member of a trading group for the requisite time period.

What is 5% substantial shareholding?

Substantial shareholders - individuals and corporations who are interested in 5% or more of any class of voting shares in a listed corporation, must disclose their interests, and short positions, in voting shares of the listed corporation; and.

How do you change the interest of a substantial shareholder?

Change In The Interest Of Substantial Shareholder. * Strike out whichever is inapplicable. † Where a substantial shareholder in a company acquires or disposes of voting shares in the company, there shall be deemed to be a change in the interest or interests of the substantial shareholder.

For pdfFiller’s FAQs

What is Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act?

Changes in Substantial Shareholder's Interest pursuant to Form 29B of the Companies Act refers to the legal requirement for substantial shareholders to disclose any changes in their shareholdings in a company, detailing increases or decreases in ownership stakes.

Who is required to file Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act?

Any individual or entity that holds a substantial interest in a company, typically defined as owning a certain percentage of the company's shares, is required to file Changes in Substantial Shareholder's Interest pursuant to Form 29B.

How to fill out Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act?

To fill out Form 29B, a substantial shareholder must provide information regarding their identity, the nature of the change in interest, the number of shares involved, the date of the transaction, and any relevant details about the shareholding structure.

What is the purpose of Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act?

The purpose of filing Changes in Substantial Shareholder's Interest is to maintain transparency in share ownership, ensure regulatory compliance, and inform other investors and stakeholders about significant changes in control and influence within the company.

What information must be reported on Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act?

The information that must be reported includes the name of the substantial shareholder, the number and percentage of shares before and after the change, the nature of the change (buy/sell), the date of the transaction, and any additional relevant particulars regarding shareholding.