| Part I |
| 1. |
Date of notice to issuer |
01/09/2010 |
| 2. |
Name of Substantial Shareholder |
Lionel Lee Chye Tek (a deemed substantial shareholder) |
| 3. |
Notice Type |
Notice of a New Substantial Shareholder's interest.
|
| Part II |
| 1. |
Date of change of Deemed Interest |
27/08/2010 |
| 2. |
Name of Registered Holder |
Jit Sun Investments Pte. Ltd. |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Resulted from the allotment of 93,727,273 shares to Jit Sun Investments Pte. Ltd. |
| 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 |
93,727,273 |
| As a percentage of issued share capital |
35.2 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0.11 |
| No. of Shares held after the change |
93,727,273 |
| As a percentage of issued share capital |
35.2 % |
|
| 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 |
93,727,273 |
| As a percentage of issued share capital |
0 % |
35.2 % |
| Footnotes |
The percentage of issued share capital was calculated based on the enlarged capital of 266,295,910 shares as at 27 August 2010.
Mr Lionel Lee Chye Tek holds 100% of the shares in Jit Sun Investments Pte. Ltd., which in turn holds 93,727,273 shares, representing 35.2% of the issued share capital of Sim Siang Choon Ltd. Accordingly, Mr Lionel Lee Chye Tek has a deemed interest in the 93,727,273 shares held by Jit Sun Investments Pte. Ltd..
This announcement has been reviewed by the Company's sponsor, KW Capital Pte. Ltd. (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is:-
Name: Yang Eu Jin, Registered Professional, KW Capital Pte. Ltd.
Address: 80 Raffles Place #25-01 UOB Plaza 1 Singapore 048624
Tel: 6238 3377
Email: yangeujin@kw-capital.com |
|
