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公告

Notice Of Cessation Of Substantial Shareholding

返回28/10/2008
Part I
1. Date of notice to issuer 28/10/2008
2. Name of Substantial Shareholder Yu Kebing
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 23/10/2008
2. The change in the percentage level From 16.25 % To 3.32 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Disposal of 24.04% interest in the share capital of Lido Point Investments Ltd. ("Lido Point"), which holds 510,466,000 shares representing approximately 16.25% of the total number of issued shares (excluding treasury shares) in the Company (the "Shares").

By virtue of Section 7 of the Companies Act (Chapter 50 of Singapore), Yu Kebing is deemed to have an interest in the Shares held by Lido Point.

Acquisition of 100% interest in the share capital of Mediterranean Success Group Inc. ("Mediterranean"), which holds 104,418,000 shares representing approximately 3.32% of the total number of the Shares.

By virtue of Section 7 of the Companies Act (Chapter 50 of Singapore), Yu Keping is deemed to have an interest in the Shares held by Mediterranean.
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 percentage level is due to a series of transactions, namely the disposal of 12.02% interest in the share capital of Lido Point each to Yu Weiping and Huang Jialu, and the acquisition of 100% interest in the share capital of Mediterranean from Yu Weiping (50%) and Huang Jialu (50%).
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 510,466,000
As a percentage of issued share capital 0 % 16.25 %
No. of shares held after the change 0 104,418,000
As a percentage of issued share capital 0 % 3.32 %
Footnotes The above percentages have been calculated based on 3,142,129,000 issued shares (excluding treasury shares) in the Company as at 23 October 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.