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

BackApr 14, 2008
Part I
1. Date of notice to issuer 14/04/2008
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 11/04/2008
2. Name of Registered Holder Tsng Joo Peng
3. Circumstance(s) giving rise to the interest or change in interest # Others

Off market transfer pursuant to a Sale and Purchase Agreement (SPA) entered into between Tsng Joo Wee* for the sale of 1,999,998 ordinary shares held by him comprising approximately 1.89% of the issued share capital of the Company (Sale Shares) to Ang Choon Cheng, Chen Choon Khee and Tsng Joo Peng* (all whom are directors of the Company) (collectively the Purchasers) in equal proportions of 333,333 ordinary shares to each of the Purchasers on the terms stated in the SPA.
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 5,681,919
As a percentage of issued share capital 5.37 %
No. of Shares which are subject of this notice 666,666
As a percentage of issued share capital 0.63 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.38
No. of Shares held after the change 6,348,585
As a percentage of issued share capital 6 %
Part III - Not Required
Part IV
1. Holdings of Director, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 5,681,919 9,300,000
As a percentage of issued share capital 5.37 % 8.79 %
No. of shares held after the change 6,348,585 9,300,000
As a percentage of issued share capital 6.00 % 8.79 %
Footnotes The percentage of issued share capital is calculated based on 105,760,080 issued shares in Natural Cool Holdings Limited.
4,000,000 shares are pledged to Malayan Banking Berhad and 5,300,000 shares are pledged to CIMB Nominees (S) Sdn Bhd for the grant of a banking facilities to Tsng Joo Peng.
*Tsng Joo Wee is a director of some of the Group's subsidiaries including, NC Steel Pte. Ltd.. He and Tsng Joo Peng are siblings

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