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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 Interest 04/12/2009
2. The change in the percentage level From 0.64 % To 0 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Exercise of Series 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 transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 136,800
As a percentage of issued share capital 0 % 0.64 %
No. of shares held after the change 0 0
As a percentage of issued share capital 0 % 0 %
Footnotes (i) Before the Change - the percentage of the Series B Warrants is calculated based on 21,271,622 Warrants outstanding as at 1 December 2009.
(ii) The percentage figures in Parts III & IV refers to the number of Series B Warrants refers to the number of Series B Warrants
(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. Dr Leong's personal interest in Series B Warrants is held through DBS Vickers Securities (Singapore) Pte Ltd.