| Part I |
| 1. |
Date of notice to issuer |
04/05/2012 |
| 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 Interest |
04/05/2012 |
| 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 22,500,000 new ordinary shares in the capital of the Company pursuant to the terms and conditions as specified in the subscription agreements dated 19 March 2012 with each of Heliconia Capital Management Pte. Ltd., in its capacity as general partner of SME-Co Investment Fund Limited Partnership, Dymon Asia Special Opportunities Fund, Mr Gay Chee Cheong and Mr Wong Chee Herng (collectively the "Subscribers"). |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
50,400,000 |
| As a percentage of issued share capital |
26.39 % |
| 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 |
50,400,000 |
| As a percentage of issued share capital |
23.61 % |
|
| Part III - Not Required |
| Part IV |
| 1. |
Holdings of Director, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
50,400,000 |
47,287,000 |
| As a percentage of issued share capital |
26.39 % |
24.76 % |
| No. of shares held after the change |
50,400,000 |
47,287,000 |
| As a percentage of issued share capital |
23.61 % |
22.14 % |
| Footnotes |
i) Mr Sim Soon Ngee Glenndle is deemed interested in the Shares held by Mdm Chua Kim Choo, Ms Sim Wei Wei and Mr Sim Soon Ying. Mr Sim Soon Ngee Glenndle is the son of Mdm Chua Kim Choo and the brother of Ms Sim Wei Wei and Mr Sim Soon Ying.
ii) The percentage of issued share capital before the change is based on 191,012,373 shares rounded to 2 decimal places.
iii) The percentage of issued share capital after the change is based on 213,512,373 shares as at 4 May 2012 rounded to 2 decimal places.
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