14th Dec 2005 09:31
Worldsec Ld14 December 2005 To: Company Announcement Office NOTIFICATION OF MAJOR INTERESTS IN SHARES Worldsec Limited (the "Company") refers to the announcement made on 8 December2005, a copy of which is reproduced below:- "Worldsec Limited (the "Company") was notified on 8 December 2005 that The Bankof Tokyo-Mitsubishi, Ltd., ("BTM") disposed of 3,225,000 ordinary shares ofUS$0.001 each in Worldsec Limited on 6 December 2005 representing approximately24.1% of the ordinary shares in issue to Grand Acumen Holdings Limited.Following the above disposal, BTM is no longer interested in any shares ofWorldsec Limited. The Company was notified by Grand Acumen Holdings Limited ("GAH") that GAH, acompany incorporated in the British Virgin Islands with limited liability, isequally ownedby Messrs Alec Tsui Yiu Wa, Yue Wai Keung, Li Song Xiao, Henry YingChew Cheong. While Messrs Tsui, Yue, and Li are independent third parties andhave no interests in the issued share capital of the Company before the aboveacquisition by GAH, Mr Henry Ying Chew Cheong is currently Worldsec Limited'sDeputy Chairman and Non-executive Director and personally holds 950,000 ordinaryshares in the Company representing approximately 7.1% of the ordinary shares inissue." The Company was further notified by Grand Acumen Holdings Limited ("GAH") on 14December 2005 that the price per share paid by GAH to The Bank ofTokyo-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 ExchangeRelated Shares:
Worldsec