ECM Libra Financial Group

CORPORATE ANNOUNCEMENTS

Changes in Director's Interest Pursuant to Section 219 of CA 2016
Reference No:	CS4-02102018-00003

Company Name	:	ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name	:	ECM
Date Announced	:	02/10/2018

Name	:	DATO SERI KALIMULLAH BIN MASHEERUL HASSAN
Descriptions (Class)	:	Ordinary shares

Details of changes
No	Date of change	No of securities	Type of transaction	Nature of interest
1	01/10/2018	4,485,112	Others	Direct Interest
	Name of registered holder	Public Nominees (Tempatan) S/B - Pledged Securities A/C for Kalimullah bin Masheerul Hassan (S14)
	Description of "Others" Type of Transaction	Allotment
	Consideration (if any)	RM0.36

Circumstances by reason of which change has occurred

Allotment and issuance of new ordinary shares in ECM Libra Financial Group Berhad ("ECM") to Dato' Seri Kalimullah bin Masheerul Hassan ("Dato' Seri Kalimullah") pursuant to the corporate exercise undertaken by ECM. Kindly refer to "Remarks" as below for further details.

Nature of interest

Direct interest

Total no of securities after change

Direct (units)

66,154,362

Direct (%)

13.784

Indirect/deemed interest (units)

Indirect/deemed interest (%)

Date of notice

02/10/2018

Date notice received by Listed Issuer

02/10/2018

Remarks

Further details on circumstances by reason of which change has occurred:

Allotment and issuance of new ordinary shares in ECM to Dato' Seri Kalimullah consequent to the acquisition of Tune Hotel Penang by ECM from Tune Hotels Sdn Bhd ("THSB") for which the purchase consideration has been satisfied by cash and allotment and issuance of 33,127,777 new ordinary shares in ECM ("Consideration Shares") to the shareholders of Tune Hotels.Com Limited ("THCL") who include Dato' Seri Kalimullah, under the plan of arrangement undertaken by THCL with its shareholders pursuant to Section 118 of the Labuan Companies Act. THSB is a wholly-owned subsidiary of THCL and has nominated THCL to receive the Consideration Shares in accordance with the plan of arrangement. The plan of arrangement involved principally the reduction in share capital of THCL through the distribution of the Consideration Shares to the shareholders of THCL in proportion to their respective shareholdings in THCL.

This announcement is dated 2 October 2018.

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