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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackJun 12, 2012
Part I
1. Date of notice to issuer 11/06/2012
2. Name of Substantial Shareholder (1) Bastion Associates Limited and (2) Techno-Ventures Hong Kong Limited
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 Deemed Interest 07/06/2012
2. The change in the percentage level From 11.65 % To 11.62 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Percentage change as a result of Bonus Shares issued by the Company.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: A single transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 20,422,670
As a percentage of issued share capital 0 % 11.65 %
No. of shares held after the change 0 27,230,226
As a percentage of issued share capital 0 % 11.62 %
Footnotes 1. Before the Change - the percentage of the Issued Share Capital is calculated based on 175,239,614 Ordinary Shares in issue as at 10 January 2012.
2. After the Change - the percentage of the Issued Share Capital is calculated based on 234,314,106 Ordinary Shares in issue as at 7 June 2012.
3. Bastion Associates Limited and Techno-Ventures Hong Kong Limited are deemed interested in the 27,230,226 shares held by Transpac Investments Limited ("TIL") as each of them owns 71% and 29% of TIL respectively.