| Part I |
| 1. |
Date of notice to issuer |
05/05/2008 |
| 2. |
Name of Substantial Shareholder |
Manyip Holdings Limited |
| 3. |
Notice Type |
Notice of a New Substantial Shareholder's interest.
|
| Part II |
| 1. |
Date of change of Deemed Interest |
30/04/2008 |
| 2. |
Name of Registered Holder |
Parallax Venture Partners XXX Ltd ("PVP"), Citibank Nominees Singapore Pte Ltd and ING Nominees (Singapore) Pte Ltd |
| 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 pursuant to which Salim Wanye (Shanghai) Enterprises Co., Ltd. ("Salim Wanye") acquired the entire issued capital of PVP. Manyip's related corporations, Success Medal International Limited and Salim & Van (Shanghai) Investment Ltd, hold more than 20% of the issued capital of Salim Wanye, which in turn holds 100% of the issued capital of PVP. Accordingly, Manyip is deemed to be interested in the issued shares of the Company owned by PVP. |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
627,293,350 |
| As a percentage of issued share capital |
26.00 % |
| No. of Shares which are subject of this notice |
627,293,350 |
| As a percentage of issued share capital |
26.00 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0 |
| No. of Shares held after the change |
627,293,350 |
| As a percentage of issued share capital |
26.00 %
|
|
| Part III - Not Required |
| Part IV |
| 1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
0 |
0 |
| As a percentage of issued share capital |
0 % |
0 % |
| No. of shares held after the change |
0 |
627,293,350 |
| As a percentage of issued share capital |
0 % |
26.00 % |
| 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 no. of shares held before the change under Part II, Item 4 refers to those held under the Registered Holder, namely Parallax Venture Partners XXX Ltd ("PVP"), Citibank Nominees Singapore Pte Ltd and ING Nominees (Singapore) Pte Ltd.
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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