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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

返回24/11/2008
Part I
1. Date of notice to issuer 24/11/2008
2. Name of Substantial Shareholder Ren Jinhua
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 20/11/2008
2. The change in the percentage level From 5.98 % To 5.36 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Issuance of the 352,625,000 new shares to HongKong Hengyuan Investment Limited dilutes the existing percentage of shareholding by Almond Beach Resources Corporation.
By virtue of Section 7 of the Companies Act (Chapter 50 of Singapore), Ren JinHua is deemed to have an interest in the Shares held by Almond Beach Resources Corporation.
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.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 184,086,000
As a percentage of issued share capital 0 % 5.98 %
No. of shares held after the change 0 184,086,000
As a percentage of issued share capital 0 % 5.36 %
Footnotes The above percentages have been calculated based on 3,431,823,000 issued shares (excluding treasury shares) in the Company as at 20 November 2008.

UBS AG, acting through its business group, UBS Investment Bank, acted as the Global Co-ordinator and Sole Bookrunner for the initial public offering of the shares of the Company.