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

BackNov 03, 2010
Part I
1. Date of notice to issuer 03/11/2010
2. Name of Director Sim Soon Ngee Glenndle
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 Shareholding 01/11/2010
2. Name of Registered Holder Sim Soon Ngee Glenndle
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. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 31,000,000
As a percentage of issued share capital 20.00 %
No. of Shares which are subject of this notice 0
As a percentage of issued share capital 0 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Shares held after the change 31,000,000
As a percentage of issued share capital 18.17 %
Part III - Not Required
Part IV
1. Holdings of Director, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 31,000,000 67,076,000
As a percentage of issued share capital 20.00 % 43.26 %
No. of shares held after the change 31,000,000 67,076,000
As a percentage of issued share capital 18.17 % 39.32 %
Footnotes (1) Sim Soon Ngee Glenndle is the son of Sim Gok Hian and Chua Kim Choo and the brother of Sim Wei Wei.
(2) Each of Sim Gok Hian, Chua Kim Choo and Sim Soon Ngee 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.