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

BackMar 15, 2010
Part I
1. Date of notice to issuer 08/03/2010
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 Interest 22/01/2010
2. Name of Registered Holder TSNG JOO PENG
3. Circumstance(s) giving rise to the interest or change in interest # Others

Transfer of 1,200,000 warrants previously pledged to MayBank Nominees (S) Pte Ltd to Mr Tsng Joo Peng.
4. Information relating to shares held in the name of the Registered Holder
 
No. of Warrants held before the change 404,575
As a percentage of issued share capital 1.72 %
No. of Warrants which are subject of this notice 1,200,000
As a percentage of issued share capital 5.10 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Warrants held after the change 1,604,575
As a percentage of issued share capital 6.82 %
Part III - Not Required
Part IV
1. Holdings of Director, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 404,575 2,790,000
As a percentage of issued share capital 1.72 % 11.86 %
No. of shares held after the change 1,604,575 1,590,000
As a percentage of issued share capital 6.82 % 6.76 %
Footnotes i) Parts II & IV relate to information on warrants.
ii) The percentage (before and after the change) is calculated based on 23,527,323 warrants in the Company as at 11 March 2010.
iii) 1,590,000 warrants are registered under CIMB Nominees (S) Pte. Ltd.

This announcement and its content have been reviewed by the Company's sponsor, CNP Compliance Pte Ltd ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement. This announcement has not been approved or examined by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any 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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