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

BackSep 24, 2009
Part I
1. Date of notice to issuer 18/09/2009
2. Name of Substantial Shareholder Cheong Kok Yew (Stanley)
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 16/09/2009
2. The change in the percentage level From 10.94 % To 10.12 %
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. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change is the result of 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 12,834,890
As a percentage of issued share capital 0 % 10.94 %
No. of shares held after the change 0 12,834,890
As a percentage of issued share capital 0 % 10.12 %
Footnotes (i)Before the Change - the percentage of the total issued shares is calculated based on 117,333,338 Ordinary Shares as at 12 May 2009.
(ii)After the Change - the percentage of the total issued shares is calculated based on 126,787,358 Ordinary Shares as at 16 September 2009.
(iii)Mr Cheong Kok Yew (Stanley) is deemed interested in the shares held by Transpac Investments Limited by virtue of Section 7 of the Companies Act, Cap 50.