News

19 Nov 2009

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

Part I
1. Date of notice to issuer 19/11/2009
2. Name of Substantial Shareholder Ng Koon Siong
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 18/11/2009
2. The change in the percentage level From 26.69 % To 13.43 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Decrease in percentage shareholding resulting from the share lending agreement dated 18 November 2009 entered between Leap Forward Holdings Limited and J.P. Morgan (S.E.A.) Limited, pursuant to the proposed placement of 253,200,000 new ordinary shares in the Company. Ng Koon Siong is deemed interested in the shares of the Company held by Leap Forward Holdings Limited by virtue of Section 7 of the Companies Act (Cap. 50), due to his interest in shares in Zana Capital Pte Ltd
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 0 509,530,634
As a percentage of issued share capital 0 % 26.69 %
No. of shares held after the change 0 256,330,634
As a percentage of issued share capital 0 % 13.43 %
  Direct Deemed
No. of shares held before the change 0 509,530,634
As a percentage of issued share capital 0 % 26.69 %
No. of shares held after the change 0 256,330,634
As a percentage of issued share capital 0 % 13.43 %