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News
NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST
| Part I |
| 1. |
Date of notice to issuer |
22/09/2009 |
| 2. |
Name of Director |
Tan Sri Datuk Sir Tiong Hiew King |
| 3. |
Notice Type |
Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. |
| Part II |
| 1. |
Date of change of Deemed Interest |
17/09/2009 |
| 2. |
Name of Registered Holder |
Surreyville Pte Ltd |
| 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") as announced on 16 September 2009, Surreyville has agreed to lend 54,500,000 Shares by way of transferring to the end-placees to facilitate the early settlement of the new shares to end-placees procured by the Placement Agent. |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
202,889,486 |
| As a percentage of issued share capital |
50.56 % |
| No. of Shares which are subject of this notice |
54,500,000 |
| As a percentage of issued share capital |
13.58 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0 |
| No. of Shares held after the change |
148,389,486 |
| As a percentage of issued share capital |
36.98 % |
|
| Part III - Not Required |
| Part IV |
| 1. |
Holdings of Director, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
0 |
315,389,486 |
| As a percentage of issued share capital |
0 % |
78.59 % |
| No. of shares held after the change |
0 |
260,889,486 |
| As a percentage of issued share capital |
0 % |
65.01 % |
| Footnotes |
(1) Tan Sri Datuk Sir Tiong Hiew King's deemed interest comprised of:-
i. 148,389,486 shares held by Surreyville, which arises from his shareholding in Woodsville International Limited, the holding company of Surreyville; and
ii. 112,500,000 shares held by Sharptone Investments Limited ("Sharptone"), which arises from his shareholding in Sharptone.
(2) The percentage of issued share capital is based on the Company's issued share capital of 401,321,443 shares.
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