Worldsec Ld15 February 2008
2008-02-15 11:31:52 Worldsec Ld - Holding(s) in Company RNS Number:0862O Worldsec Ld 15 February 2008
To: Company Announcement Office
NOTIFICATION OF MAJOR INTEREST IN SHARES
Worldsec Limited (the "Company") was notified on 13 February 2008 that Singapore Technologies Capital Services Private Limited ("STCP") disposed of 2,751,000 ordinary shares of US$0.001 each in the Company on 13 February 2008 representing approximately 20.58% of the ordinary shares in issue to HC Investment Holdings Limited ("HCIH"). Following the above disposal, STCP is no longer interested in any shares of the Company.
The Company was notified by HCIH that HCIH, a company incorporated in British Virgin Islands with limited liability, is wholly owned by Mr. Henry Ying Chew Cheong ("Mr. Cheong"). Mr. Cheong is currently the Company's Deputy Chairman and Executive Director. Mr. Cheong personally holds 950,000 ordinary shares in the Company representing approximately 7.11% of the ordinary shares in the Company, and in addition, Mr. Cheong owns 2 ordinary shares of US$1 each in Grand Acumen Holdings Limited ("GAH"), representing 25% of the issued share capital of GAH. GAH beneficially owns 3,225,000 ordinary share of US$0.001 each in the Company.
May Chan
Company Secretary
This information is provided by RNS The company news service from the London Stock Exchange END
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