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News
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest
Part I |
1. |
Date of notice to issuer |
19/11/2009 |
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 Deemed Interest |
19/11/2009 |
2. |
The change in the percentage level |
From 13.40 % To 0.54 % |
3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Exercise of Series B Warrants by Transpac Investments Limited and other third parties |
4. |
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
The 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 |
0 |
3,930,690 |
As a percentage of issued share capital |
0 % |
13.40 % |
No. of shares held after the change |
0 |
136,800 |
As a percentage of issued share capital |
0 % |
0.54 % |
Footnotes |
(i) Before the Change - the percentage of the Series B Warrants is calculated based on 29,333,334 Warrants outstanding as at 12 May 2009.
(ii) After the Change - the percentage of the Series B Warrants is calculated based on 25,216,013 Warrants outstanding as at 19 November 2009.
(iii) The percentage figures in Parts III & IV refers to the number of Series B Warrants refers to the number of Series B Warrants
(iv) 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. |
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