This printed article is located at https://tih.listedcompany.com/news.html

News

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

BackJun 23, 2009
Part I
1. Date of notice to issuer 22/06/2009
2. Name of Substantial Shareholder ASM Hudson River Fund
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 21/05/2009
2. The change in the percentage level From 38.09 % To 19.66 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

ASM Hudson River Fund ("ASMHRF") is the beneficial holder of more than 20% of issued shares of ASM Ventures Limited ("ASMVL").

As a result of a rights issue of TIH, ASMVL holds 10,819,119 Series A warrants of TIH and ASMHRF also holds 352,491 Series A warrants of TIH directly. 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. 5,413,601 Series A warrants of TIH are held on trust by ASMVL as nominee for ASMHRF.

Accordingly, ASMHRF has a deemed interest in 5,766,092 Series A warrants.
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 11,171,610
As a percentage of issued share capital 0 % 38.09 %
No. of shares held after the change 0 5,766,092
As a percentage of issued share capital 0 % 19.66 %
Footnotes (i) The percentage of Series A Warrants is calculated based on 29,333,334 Series A Warrants issued on 12 May 2009.
(ii) The percentage figures in Parts III & IV refers to the number of Series A Warrants.
Please read our General Disclaimer & Warning carefully.
Use of this Website constitutes acceptance of the Terms of Website Use.
Copyright © 2025. ListedCompany.com. All Rights Reserved.