Particulars of Substantial Securities Holder
| Name | HUNDSUN TECHNOLOGIES INC. |
| Address |
No 3588 Jiangnan Ave Binjiang District Hangzhou 310053 China. |
| Company No. | 913300002539329145 |
| Nationality/Country of incorporation | China |
| Descriptions (Class) | Ordinary Shares |
| Name of registered holder | HUNDSUN HOLDINGS LIMITED |
| Address of registered holder | 16/F, Asia Standard Tower, 59-65 Queen's Road, Central, Hong Kong |
Date interest acquired & no of securities acquired
| Date interest acquired | 23 Apr 2021 |
| No of securities | 132,055,852 |
| Circumstances by reason of which Securities Holder has interest |
On 23 April 2021, Hundsun Holdings Limited as purchaser entered into an agreement for sale and purchase of shares with SBI Holdings, Inc. to purchase 55,572,331 ordinary shares in N2N Connect Berhad. On 23 April 2021, Hundsun Holdings Limited as purchaser entered into an agreement for sale and purchase of shares and warrants with Japannext Co., Ltd. to purchase 76,483,521 ordinary shares and 16,319,080 warrants in N2N Connect Berhad. By virtue of Section 8(6)(a) of the Companies Act 2016, Hundsun Holdings Limited is deemed interested in the said shares. By virtue of Section 8(6)(c) of the Companies Act 2016, Hundsun Holdings Limited is deemed interested in the said warrants. By virtue of Section 8(4) of the Companies Act 2016, Hundsun Technologies Inc. is deemed interested in the said shares and warrants via its interests in Hundsun Holdings Limited. |
| Nature of interest | Indirect Interest |
Total no of securities after change
| Direct (units) | 0 |
| Direct (%) | 0 |
| Indirect/deemed interest (units) | 132,055,852 |
| Indirect/deemed interest (%) | 23.657 |
| Date of notice | 26 Apr 2021 |
| Date notice received by Listed Issuer | 26 Apr 2021 |