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News
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest
1. |
Date of notice to issuer * |
06-06-2006 |
2. |
Name of Substantial Shareholder * |
PT Dornier Indonesia |
3. |
Please tick one or more appropriate box(es): * |
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Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]
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1. |
Date of change of [Select Option] |
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2. |
Name of Registered Holder |
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3. |
Circumstance(s) giving rise to the interest or change in interest |
[Select Option] |
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# Please specify details |
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4. |
Information relating to shares held in the name of the Registered Holder |
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No. of [Select Option] held before the change |
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As a percentage of issued share capital |
% |
No. of N.A. which are subject of this notice |
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As a percentage of issued share capital |
% |
Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
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No. of N.A. held after the change |
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As a percentage of issued share capital |
% |
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1. |
Date of change of Interest |
02-06-2006 |
2. |
The change in the percentage level |
From 22.07 % To 21.03 % |
3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others |
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# Please specify details |
Distribution of 25,053,168 shares in the capital of Gallant Venture Ltd. ("Gallant Shares") by PT Herwido Rintis ("PT HR") to the shareholders and creditors of Alliance Technology and Development Limited (under judicial management) pursuant to a scheme of arrangement.
PT Dornier Indonesia holds more than 50% of the share capital of PT Gadingpratama Mandiri, which in turn holds more than 50% of the share capital of PT HR. As such, PT Dornier Indonesia is deemed to be interested in the Gallant Shares held by PT HR. |
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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. |
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1. |
Holdings of Substantial Shareholder , including direct and deemed interest : |
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Direct
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Deemed
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No. of shares held before the change |
0 |
532064906 |
As a percentage of issued share capital |
0 % |
22.07 % |
No. of shares held after the change |
0 |
507011738 |
As a percentage of issued share capital |
0 % |
21.03 % |
Footnotes |
Pursuant to a sale and purchase agreement entered into between Gallant Venture Ltd. and PT HR, PT HR acquired 532,064,886 Gallant Shares in April 2006, resulting in increase in its shareholding to 532,064,906 Gallant Shares.
The percentage level is calculated based on the total issued share capital of 2,410,423,184 shares. |
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