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Notice Of A Substantial Shareholder's Interest

BackMar 22, 2007
>> PART I
 
1. Date of notice to issuer * 22-03-2007  
 
2. Name of Substantial Shareholder * Walnut Pte. Ltd. 
 
3. Please tick one or more appropriate box(es): *
 
  • Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]
  •  
     
    >> PART II
     
    1. Date of change of [Select Option]  
     
    2. Name of Registered Holder  
     
    3. Circumstance(s) giving rise to the interest or change in interest [Select Option]  
      # Please specify details
       
     
    4. Information relating to shares held in the name of the Registered Holder
     
    No. of [Select Option] held before the change  
    As a percentage of issued share capital %
     
    No. of N.A. which are subject of this notice  
    As a percentage of issued share capital %
     
    Amount of consideration (excluding brokerage and stamp duties) per share paid or received  
     
    No. of N.A. held after the change  
    As a percentage of issued share capital %
     
     
    >> PART III
     
    1. Date of change of Interest 21-03-2007  
     
    2. The change in the percentage level From 5.88 % To 8.83 %
     
    3. Circumstance(s) giving rise to the interest or change in interest # Others  
      # Please specify details
    On 21 March 2007, Walnut Pte. Ltd. ("Walnut") acquired in aggregate 32,028,000 shares in the Company on the Singapore Exchange Securities Trading Limited.  
     
    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 26,082,000   37,679,500  
    As a percentage of issued share capital 2.40 % 3.47 %
    No. of shares held after the change 63,110,000   32,679,500  
    As a percentage of issued share capital 5.82 % 3.01 %
     
    Footnotes
    (1) Based on the total number of issued shares of the Company as at 12 March 2007, being 1,084,875,450 shares.

    (2) 12,779,500 shares and 19,900,000 shares were agreed to be acquired from certain shareholders of the Company on 12 March 2007 and 20 March 2007 respectively.

    (3) 5,000,000 shares which were agreed to be acquired from a shareholder of the Company on 16 March 2007 have been transferred to Walnut. Accordingly, Walnut which was previously deemed to be interested in such shares is now directly interested in such shares.