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Notice Of Cessation Of Substantial Shareholding

BackSep 23, 2011
Part I
1. Date of notice to issuer 23/09/2011
2. Name of Substantial Shareholder TEO CHIN WHATT
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 31/05/2011
2. The change in the percentage level From 10.69 % To 0 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Based on, inter alia, records obtained from the Depository Register of the Company maintained by the Central Depository (Pte) Limited, the Company understands that the 28,229,992 shares (including the 5,645,998 shares issued pursuant to the Bonus Share Issue on 5 March 2010) that were previously held by the late Mr. Teo Chin Whatt as at 30 April 2011 are no longer held in his name pusuant to transfers to his estate (in or about May 2011) and various beneficiaries of the estate (in or about August 2011), none of whom hold a shareholding interest of 5% or more of the issued shares of the Company as at the date hereof.
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 series of transactions.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 28229992 0
As a percentage of issued share capital 10.69 % 0 %
No. of shares held after the change 0 0
As a percentage of issued share capital 0 % 0 %