CORPORATE ANNOUNCEMENTS
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
Reference No: CS2-02102018-00008
Company Name : ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name : ECM
Date Announced : 02/10/2018
Name : DATO' SERI KALIMULLAH BIN MASHEERUL HASSAN
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
1
 01 Oct 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)
Address of
registered holder		 P.O. Box 11167, 50738 Kuala Lumpur
Description of "Others"
Type of Transaction		 Allotment
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
Direct (units) : 66,154,362
Direct (%) : 13.784
Indirect/deemed interest (units) :  
Indirect/deemed interest (%) :  
Total no of securities after change : 66,154,362
Date of notice : 02 Oct 2018
Date notice received by Listed Issuer : 02 Oct 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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