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Notice Of A Substantial Shareholder's Interest

BackNov 03, 2010
Part I
1. Date of notice to issuer 03/11/2010
2. Name of Substantial Shareholder Gay Chee Cheong
3. Notice Type Notice of a New Substantial Shareholder's interest.
Part II
1. Date of change of Shareholding 01/11/2010
2. Name of Registered Holder Gay Chee Cheong
3. Circumstance(s) giving rise to the interest or change in interest # Others

Subscription of 8,000,000 new ordinary shares ("Placement Shares") in the capital of Mencast Holdings Ltd. ("Company") pursuant to the placement of 15,506,600 Placement Shares by the Company.
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 916,000
As a percentage of issued share capital 0.59 %
No. of Shares which are subject of this notice 8,000,000
As a percentage of issued share capital 4.69 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.35
No. of Shares held after the change 8,916,000
As a percentage of issued share capital 5.28 %
Part III - Not Required
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 916,000 6,000,000
As a percentage of issued share capital 0.59 % 3.87 %
No. of shares held after the change 8,916,000 6,000,000
As a percentage of issued share capital 5.23 % 3.52 %
Footnotes (1) Gay Chee Cheong is deemed interested in the 6,000,000 shares held by his wife, Chua Siok Lan.
(2) The percentage of issued share capital before the change is based on 155,066,000 shares rounded to 2 decimal places.
(3) The percentage of issued share capital after the change is based on 170,572,600 as at 1 November 2010 rounded to 2 decimal places.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), for compliance with the relevant rules of the SGX-ST, this being the 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. 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 Mah Kah Loon, Head, Corporate Finance, CIMB Bank Berhad, Singapore Branch, at 50 Raffles Place, #09-01 Singapore Land Tower, Singapore 048623, telephone (65) 6210 8889.