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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 Sim Wei Wei
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 01/11/2010
2. The change in the percentage level From 63.25 % To 57.50 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Dilution of percentage shareholding as a result of the placement of 15,506,600 new ordinary shares in the capital of the Company.
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 76,000 98,000,000
As a percentage of issued share capital 0.05 % 63.20 %
No. of shares held after the change 76,000 98,000,000
As a percentage of issued share capital 0.04 % 57.45 %
Footnotes (1) Sim Wei Wei is the daughter of Sim Gok Hian and Chua Kim Choo and the sister of Sim Soon Ngee Glenndle.
(2) Each of Sim Gok Hian, Chua Kim Choo, Sim Soon Nge Glenndle and Sim Wei Wei is deemed to have an interest in the shares held by each other.
(3) The percentage of issued share capital before the change is based on 155,066,000 shares rounded to 2 decimal places.
(4) The percentage of issued share capital before 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.