| Part I |
| 1. |
Date of notice to issuer |
16/12/2009 |
| 2. |
Name of Director |
Chan Kin |
| 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 |
15/12/2009 |
| 2. |
Name of Registered Holder |
HSBC (Singapore) Nominees Private Limited |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Percentage change of interest as a result of the exercise of warrants by third parties. |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
96,394,331 |
| As a percentage of issued share capital |
56.42 % |
| No. of Shares which are subject of this notice |
0 |
| As a percentage of issued share capital |
0 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0 |
| No. of Shares held after the change |
96,394,331 |
| As a percentage of issued share capital |
55.69 % |
|
| 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 |
96,394,331 |
| As a percentage of issued share capital |
0 % |
56.42 % |
| No. of shares held after the change |
0 |
96,394,331 |
| As a percentage of issued share capital |
0 % |
55.69 % |
| Footnotes |
(i) Before the change - the percentage of the total issued shares is calculated based on 170,840,225 Ordinary Shares as at 10 December 2009.
(ii) After the change - the percentage of the total issued shares is calculated based on 173,087,735 Ordinary Shares as at 15 December 2009.
(iii) Kin Chan is a director of TIH and is the beneficial holder of more than 20% of the issued share capital of Argyle Street Management Holdings Limited ("ASMHL"). ASMHL is the beneficial holder of more than 50% of the voting shares of Argyle Street Management Limited ("ASML"). ASML is the beneficial holder of more than 20% of the voting shares of ASM Hudson River Fund ("ASMHRF") and ASM Asia Recovery Fund ("ASMARF"). ASMARF is the beneficial holder of more than 50% of the issued share capital of ASM Asia Recovery (Master) Fund ("ASMARMF"). ASMARMF and ASMHRF is the beneficial holder of more than 20% of the issued share capital of ASM Ventures Limited ("ASMVL").
Kin Chan has a deemed interest in 96,394,331 shares before and after the change:
a) 8,990,630 ordinary shares held in trust by ASMVL as nominee for ASMARMF;
b) 10,827,202 ordinary shares held in trust by ASMVL as nominee for ASMHRF;
c) 38,077,490 ordinary shares held by ASMARMF;
d) 1,897,473 ordinary shares held by ASMHRF;
e) 36,601,536 ordinary shares held by ASMVL.
All of the shares are registered under their depository agent, HSBC (Singapore) Nominees Private Limited. |
|
News