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News

Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackDec 09, 2011
Part I
1. Date of notice to issuer 09/12/2011
2. Name of Substantial Shareholder Sim Soon Ying
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 Interest 08/12/2011
2. The change in the percentage level From 52.30 % To 52.10 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Sale of shares by Mdm Chua Kim Choo pursuant to the compliance placement undertaken in connection with the proposed transfer of the listing of the Mencast Holdings Ltd. from the Catalist Board to the Main Board of the Singapore Exchange Securities Trading Limited.
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 9,700,000 88,376,000
As a percentage of issued share capital 5.17 % 47.13 %
No. of shares held after the change 9,700,000 87,987,000
As a percentage of issued share capital 5.17 % 46.93 %
Footnotes i) Mr Sim Soon Ying is deemed interested in the Shares held by Mdm Chua Kim Choo, Mr Sim Soon Ngee Glenndle and Ms Sim Wei Wei. Mr Sim Soon Ying is the son of Mdm Chua Kim Choo and the brother of Mr Sim Soon Ngee Glenndle and Ms Sim Wei Wei.

ii) The percentage of issued share capital is based on 187,491,247 as at 9 December 2011 rounded to 2 decimal places.

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"), 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 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.
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