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Notice Of Cessation Of Substantial Shareholding

BackMar 17, 2010
Part I
1. Date of notice to issuer 17/03/2010
2. Name of Substantial Shareholder Teo Cheng Toh
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 17/03/2010
2. The change in the percentage level From 13.54 % To 2.58 %
3. Circumstance(s) giving rise to the interest or change in interest Sales in Open Market at Own Discretion
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 21000000 0
As a percentage of issued share capital 13.54 % 0 %
No. of shares held after the change 4000000 0
As a percentage of issued share capital 2.58 % 0 %
Footnotes The percentage of issued share capital is calculated based on the share capital of the Company of 155,066,000 shares.

This announcement and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes 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 Mah Kah Loon, Head, Corporate Finance, CIMB Bank Berhad, Singapore Branch, 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, telephone (65) 6337 5115.