POWERWELL HOLDINGS BERHAD BURSA-INT-CHGInsider Transactions (Form 3/4/5)

Financial highlights

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) POWERWELL HOLDINGS BERHAD Particulars of substantial Securities Holder Name PW SYNERGY SDN. BHD. Address No. 19(2nd Floor), Jalan 1/57A, Batu 3 Jalan Sultan Azlan Shah, Kuala Lumpur 51200 Wilayah Persekutuan Malaysia. Company No. 201701047535 (1261711-X) Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Details of changes No Date of change No of securities Type of Transaction Nature of Interest 22 Jan 2020 296,081,520 Others Direct Interest Name of registered holder PW Synergy Sdn. Bhd. Address of registered holder No. 19(2nd Floor), Jalan 1/57A, Batu 3 Jalan Sultan Azlan Shah, 51200 Kuala Lumpur, Wilayah Persekutuan. Description of "Others" Type of Transaction Refer to remarks Circumstances by reason of which change has occurred Refer to remarks Nature of interest Direct Interest Direct (units) 296,081,520 Direct (%) 51 Indirect/deemed interest (units) 0 Indirect/deemed interest (%) 0 Total no of securities after change 296,081,520 Date of notice 22 Jan 2020 Date notice received by Listed Issuer 22 Jan 2020 Remarks : There was no change in the number of shares held. The percentage of shareholding reduced from 60.04% to 51.00% in view that the Company's issued shares were enlarged to 580,552,000 issued shares pursuant to the initial public offering Announcement Info Company Name POWERWELL HOLDINGS BERHAD Stock Name PWRWELL Date Announced 22 Jan 2020 Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 Reference Number CS2-20012020-00007