This printed article is located at https://tih.listedcompany.com/news.html
| Part I | ||||||||||||||||||||
| 1. | Date of notice to issuer | 22/06/2009 | ||||||||||||||||||
| 2. | Name of Substantial Shareholder | ASM Asia Recovery (Master) Fund ("ASMARMF") | ||||||||||||||||||
| 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 | 21/05/2009 | ||||||||||||||||||
| 2. | The change in the percentage level | From 53.28 % To 31.73 % | ||||||||||||||||||
| 3. | Circumstance(s) giving rise to the interest or change in interest | # Others ASMARMF, as the beneficial holder of more than 20% of the issued share capital of ASM Ventures Limited ("ASMVL"), has a deemed interest in the holdings of ASMVL. As a result of a rights issue of TIH, ASMARMF and ASMVL holds 4,811,111 Series A warrants and 10,819,119 Series A warrants of TIH respectively. All of the Series A warrants are held by their depository agent, HSBC (Singapore) Nominees Private Limited. Pursuant to a trust arrangement between ASMVL and its beneficial holders, ASMVL renounced the 10,819,119 Series A warrants of TIH. 4,495,315 Series A warrants of TIH are held on trust by ASMVL as nominee for ASMARMF. Accordingly, ASMARMF has a deemed interest in 9,306,426 Series A warrants. |
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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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