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

BackDec 08, 2009
Part I
1. Date of notice to issuer 07/12/2009
2. Name of Substantial Shareholder Leong Ka Cheong Christopher
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 Shareholding 04/12/2009
2. The change in the percentage level From 14.54 % To 14.49 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Exercise of Series A and B Warrants
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: Change in the percentage level is the result of a series of transactions.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 1 20,885,471
As a percentage of issued share capital 0 % 14.54 %
No. of shares held after the change 1 21,159,071
As a percentage of issued share capital 0 % 14.49 %
Footnotes (i) Before the Change - the percentage of the Shares is calculated based on 143,626,148 Ordinary Shares issued as at 1 December 2009.
(ii) After the Change - the percentage of the Shares is calculated based on 145,961,804 Ordinary Shares issued as at 4 December 2009.
(iii) Dr Leong Ka Cheong Christopher is a deemed substantial shareholder of the company through Transpac Investments Limited by virtue of Section 7 of the Companies Act Cap 50. For Dr Leong's personal interest in Shares, 1 share is registered under his name while the remaining are held through DBS Vickers Securities (Singapore) Pte Ltd and the Estate of Cheryl Van Steenwyk.