News

News

Notice Of A Director's (Including A Director Who Is A Substantial Shareholder) Interest And Change In Interest

Back

May 18, 2012

Part I
1. Date of notice to issuer 17/05/2012
2. Name of Director Lim Siew Cheng
3. Notice Type Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest.
Part II
1. Date of change of Interest 17/05/2012
2. Name of Registered Holder Lim Siew Cheng
3. Circumstance(s) giving rise to the interest or change in interest # Others

Dilution in shareholding percentage resulting from the issue of 3,891,051 new shares to Tan Chiun Wei in respect of the acquisition of Finessco Systems Pte Ltd.
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 16,500,111
As a percentage of issued share capital 14.76 %
No. of Shares which are subject of this notice 0
As a percentage of issued share capital 0 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Shares held after the change 16,500,111
As a percentage of issued share capital 14.26 %
Part III - Not Required
Part IV
1. Holdings of Director, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 16,500,111 0
As a percentage of issued share capital 14.76 % 0 %
No. of shares held after the change 16,500,111 0
As a percentage of issued share capital 14.26 % 0 %
Footnotes (a) The percentage of issued share capital before the change is calculated based on 111,800,000 shares before the issue of 3,891,051 new shares.
(b) The percentage of issued share capital after the change is calculated based on 115,691,051 shares after the issue of 3,891,051 new shares.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Canaccord Genuity Singapore Pte. Ltd. (formerly known as Collins Stewart Pte. Limited) for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). Canaccord Genuity Singapore Pte. Ltd. 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 Mr. Alex Tan, Managing Director, Corporate Finance, Canaccord Genuity Singapore Pte. Ltd., at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854-6160.