Part I |
1. |
Date of notice to issuer |
24/08/2009 |
2. |
Name of Substantial Shareholder |
Man Yip Holdings Limited ("Man Yip") |
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 Deemed Interest |
20/08/2009 |
2. |
The change in the percentage level |
From 26.00 % To 45.38 % |
3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Restructuring involving companies in the Salim group, pursuant to which Parallax Venture Partners XXX Ltd ("PVP") shall acquire or has acquired shares in the Company representing 19.38% of the Company's total issued capital.
Man Yip's related corporation, Success Medal International Limited and Salim & VAN (Shanghai) Investment Ltd, hold more than 20% of the capital of Salim Wanye (Shanghai) Enterprises Co., Ltd, which in turn has an interest in 100% of PVP's capital. Accordingly, Man Yip is deemed to be interested in the said shares of the Company in which PVP is interested. |
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 |
627,293,350 |
As a percentage of issued share capital |
0 % |
26.00 % |
No. of shares held after the change |
0 |
1,094,759,988 |
As a percentage of issued share capital |
0 % |
45.38 % |
Footnotes |
Percentage is computed based on the Company's total issued capital of 2,412,482,556 shares as at 24 August 2009 and rounded to 2 decimal places. |
|