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News
NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S INTEREST
| Part I |
| 1. |
Date of notice to issuer |
30/09/2009 |
| 2. |
Name of Substantial Shareholder |
Kim Eng Securities Pte. Ltd. |
| 3. |
Notice Type |
Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. |
| Part II - Not Required |
| Part III |
| 1. |
Date of change of Interest |
29/09/2009 |
| 2. |
The change in the percentage level |
From 8.765 % To 7.717 % |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Pursuant to the Placement Agreement dated 16 September 2009 between the Company, Kim Eng Securities Pte. Ltd. ("the Placement Agent") and Surreyville Pte Ltd ("Surreyville") and the completion of the placement exercise, as announced on 16 September 2009 and 29 September 2009 respectively, the Company has issued 54,500,000 new ordinary shares to Surreyville to complete the placement exercise. |
| 4. |
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
The change in the percentage level is the result of a transaction. |
| Part IV |
| 1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
35,175,000 |
0 |
| As a percentage of issued share capital |
8.765 % |
0 % |
| No. of shares held after the change |
35,175,000 |
0 |
| As a percentage of issued share capital |
7.717 % |
0 % |
| Footnotes |
(1) The percentage of issued share capital before change is based on the Company's issued share capital of 401,321,443 shares (before Placement).
(2) The percentage of issued share capital after change is based on the enlarged share capital of 455,821,443 shares. |
|