This printed article is located at http://gallantventure.listedcompany.com/news.html
| Part I | ||||||||||||||||||||
| 1. | Date of notice to issuer | 24/08/2009 | ||||||||||||||||||
| 2. | Name of Substantial Shareholder | Jaslene Limited ("Jaslene") | ||||||||||||||||||
| 3. | Notice Type |
Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. |
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| 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. Jaslene has an interest in more than 50% of the capital of Salim Wanye (Shanghai) Enterprises Co.,Ltd, which in turn has an interest in 100% of PVP's capital. Accordingly, Jaslene is deemed to be interested in the said shares of the Company in which PVP is interested. |
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| 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 : | |||||||||||||||||||
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