Part I |
1. |
Date of notice to issuer |
05/05/2008 |
2. |
Name of Substantial Shareholder |
Edan Cho Park |
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 |
30/04/2008 |
2. |
The change in the percentage level |
From 26.04 % To 24.62 % |
3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Restructuring involving companies in the Salim group and certain shareholders of such companies.
Edan Cho Park's interest in the issued shares of the Company arises through Parallax Capital Management Pte Ltd ("PCM"). PCM has an interest in 24.62% of the issued shares of the Company. |
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 |
0 |
628,293,350 |
As a percentage of issued share capital |
0 % |
26.04 % |
No. of shares held after the change |
0 |
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 30 April 2008.
The listing exercise of the Company was sponsored by Asian Corporate Advisors Pte. Ltd. and Genesis Capital Pte. Ltd. (collectively, the "Managers"). The Managers assume no responsibility for the contents of this announcement. |
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