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Notice Of Cessation Of Substantial Shareholding

BackJun 28, 2012
Part I
1. Date of notice to issuer 25/06/2012
2. Name of Substantial Shareholder Chia Puay Hwee
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 Shareholding 25/06/2012
2. The change in the percentage level From 6.1706 % To 4.9705 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Pursuant to a Share Placement Exercise
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 transaction
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 10,214,000 1,000
As a percentage of issued share capital 6.17 % 0.0006 %
No. of shares held after the change 10,214,000 1,000
As a percentage of issued share capital 4.97 % 0.0005 %
Footnotes The shareholdings held before the change is computed based on the number of issued ordinary shares of 165,447,985.

The shareholdings held after the change is computed based on the number of issued ordinary shares of 205,447,985.

The deemed interest comprises the following:-

1. 1,000 shares held in the name of Ang Siew Khim, spouse of Chia Puay Hwee.

This announcement has been prepared by the Company and reviewed by the Company's sponsor, CNP Compliance Pte. Ltd. ("Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement including the accuracy or completeness of any of the information disclosed or the correctness of any of the statements or opinions made or reports contained in this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Pradeep Kumar Singh at 36 Carpenter Street, Singapore 059915, telephone: (65) 6323 8383; email: pksingh@cnplaw.com.

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