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Notice Of A Director's (Including A Director Who Is A Substantial Shareholder) Interest And Change In Interest

BackNov 12, 2008
Part I
1. Date of notice to issuer 12/11/2008
2. Name of Director Eugene Cho Park
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 11/11/2008
2. Name of Registered Holder Eugene Cho Park
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 0
As a percentage of issued share capital 0 %
No. of Shares which are subject of this notice 100,000
As a percentage of issued share capital 0 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.13
No. of Shares held after the change 100,000
As a percentage of issued share capital 0 %
Part III - Not Required
Part IV
1. Holdings of Director, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 594,011,738
As a percentage of issued share capital 0 % 24.62 %
No. of shares held after the change 100,000 594,011,738
As a percentage of issued share capital 0 % 24.62 %
Footnotes The percentage level is calculated based on the total issued share capital of 2,412,482,556 ordinary shares as at 12 November 2008.

Eugene Cho Park holds more than 20% of the share capital of Parallax Capital Management Pte Ltd ("PCM"). PCM has an interest in 24.62% of the issued shares of the Company. Accordingly, Eugene Cho Park is deemed interested in the Gallant Shares held by PCM.

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