This printed article is located at https://tih.listedcompany.com/news.html
| Part I | ||||||||||||||||||||
| 1. | Date of notice to issuer | 18/09/2009 | ||||||||||||||||||
| 2. | Name of Substantial Shareholder | Argyle Street Management Holdings Limited | ||||||||||||||||||
| 3. | Notice Type | Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. |
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| Part II - Not Required | ||||||||||||||||||||
| Part III | ||||||||||||||||||||
| 1. | Date of change of Deemed Interest | 17/09/2009 | ||||||||||||||||||
| 2. | The change in the percentage level | From 50.10 % To 58.57 % | ||||||||||||||||||
| 3. | Circumstance(s) giving rise to the interest or change in interest | # Others Argyle Street Management Holdings Limited ("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 are the beneficial holders of more than 20% of the issued share capital of ASM Ventures Limited ("ASMVL"). On 17/09/2009 ASMARMF purchased 10,743,000 TIH shares via off market purchase, resulting ASMHL's total deemed interest in 74,263,219 TIH shares, of which:- 1. 36,601,536 shares held by ASMVL through its depository agent; 2. 31,293,877 shares held by ASMARMF through its depository agent after off market purchase of 10,743,000 shares; 3. 4,495,315 and 680,000 shares held in trust by ASMVL as nominee for ASMARMF and ASMHRF respectively; and 4. 1,192,491 shares held by ASMHRF through its depository agent. All of the shares are held by their depository agent, HSBC (Singapore) Nominees Private Limited. |
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| 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 : | |||||||||||||||||||
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