QUESTE COMMUNICATIONS LIMITED — Major Shareholding Notification 2021

May 5, 2021

20210506 QUE ASX Ceasing to be a Substantial Holder Notice - Chi Tung.doc

Form 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To Company Name/Scheme

ACN/ARSN

QUESTE COMMICATIONS LTD (ASX : QUE)

081 688 164

1. Details of substantial holder[(1)]

Name

CHI TUNG INVESTMENTS LTD

ACN / ABN

Not Applicable

There was a change in the interests of the substantial holder on: The previous notice was given to the company on: The previous notice was dated:

30 April 2021 23 October 2017 23 October 2017

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest [(2)] of the substantial holder or an associate [(3)] in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows:

	Date ofchange	Person whoserelevant interestchanged	Nature of change (4)	Nature of change (4)	Nature of change (4)	Consideration given in relationto change (5)	Consideration given in relationto change (5)	Class(6) andnumber ofsecuritiesaffected	Class(6) andnumber ofsecuritiesaffected	Person’svotesaffected	Person’svotesaffected
								Ordinary Shares
	5 January2018	Chi Tung	PurEqu	suant to acceptance into theal Access Scheme Share B	QUEuy-	$12,982.50 comcash and the tr	prising $4,327.50ansfer of 56,258	(5,1par	93,000)tly paid	(395,317)
			Bacther	k(a)and cancellation of shareunder(b)	es	fully paid ordina	ry shares in BEL	s	hares
30 April 2021Notes:	30 April 2021	Chi Tung	Dis	posal of shares off-market		$90,2	24.00	(3,6	08,956)	(3,608,956)
(a)Equal ac(i) Sec		cess scheme share buy-backtion 257B(2) of the Corporatio		pursuant to:ns Act;
(ii) QUexp		E shareholder approval at Anlanatory statement and Indep		nual General Meeting held on 30endent Expert’s Report dated 26	November 2017 – refer InfoOctober 2017 released on A		rmation Memorandum contaiSX on 30 October 2017; and		ning the notice of AGM,

Notes:

(a) Equal access scheme share buy-back pursuant to:

• (i) Section 257B(2) of the Corporations Act;

(ii) QUE shareholder approval at Annual General Meeting held on 30 November 2017 – refer Information Memorandum containing the notice of AGM, explanatory statement and Independent Expert’s Report dated 26 October 2017 released on ASX on 30 October 2017; and

(iii) QUE Share Buy-Back Offer Booklet dated 7 December 2017 released on ASX on 11 December 2017.

(b) Refer:

(i) QUE ASX market announcement dated 9 January 2018: Results of Completion of Equal Access Share Buy-Back; and

(ii) QUE ASX market announcement dated 9 January 2018: Appendix 3F Final Buy Back Notice.

3. Changes in association

The persons who have become associates [(2)] of, ceased to be associates of, or have changed the nature of their association [(7)] with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
-	-

4. Addresses

The addresses of persons named in this form are as follows:

Name	Address
Chi TungInvestments Ltd(Chi Tung)	7th Floor, Allied Kajima Building, 138 Gloucester Road, HONG KONG
BentleyCapital Limited(ASX:BEL) (BEL)	Level 2, 31 Ventnor Avenue, West Perth, Western Australia 6005

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20210506 QUE ASX Ceasing to be a Substantial Holder Notice - Chi Tung.doc

Signature

sign here print name Azhar Chaudhri

Date 6 May 2021 capacity Director of Chi Tung

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of “associate” in section 9 of the Corporations Act 2001.

• (4) Include details of:

  • (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

  • (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of “relevant agreement” in section 9 of the Corporations Act 2001.

• (5) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

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