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Notice Of A Director's (Including A Director Who Is A Substantial Shareholder) Interest And Change In Interest

BackJun 28, 2012
Part I
1. Date of notice to issuer 25/06/2012
2. Name of Director Tsng Joo Peng
3. Notice Type Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest.
Part II
1. Date of change of Shareholding 25/06/2012
2. Name of Registered Holder Tsng Joo Peng
3. Circumstance(s) giving rise to the interest or change in interest # Others

Pursuant to a Share Placement Exercise
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 10,033,862
As a percentage of issued share capital 6.06 %
No. of Shares which are subject of this notice 0
As a percentage of issued share capital 0 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Shares held after the change 10,033,862
As a percentage of issued share capital 4.88 %
Part III - Not Required
Part IV
1. Holdings of Director, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 10,033,862 11,300,000
As a percentage of issued share capital 6.06 % 6.83 %
No. of shares held after the change 10,033,862 11,300,000
As a percentage of issued share capital 4.88 % 5.50 %
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. 4,000,000 shares are pledged to Malayan Banking Berhad for the grant of banking facilities to Tsng Joo Peng.

2. 7,300,000 shares are pledged to CIMB Bank Nominees (S) Pte Ltd for the grant of banking facilities to Tsng Joo Peng.

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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