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Notice Of Cessation Of Substantial Shareholding

BackJun 05, 2007
>> PART I
 
1. Date of notice to issuer * 01-06-2007  
 
2. Name of Substantial Shareholder * WA SWEE BEE 
 
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 Deemed Interest 01-06-2007  
     
    2. The change in the percentage level From 30.75 % To 0.01 %
     
    3. Circumstance(s) giving rise to the interest or change in interest # Others  
      # Please specify details
    CESSATION OF DEEMED INTEREST

    The Company has on 1 June 2007, received notification of cessation of deemed interest from Mr Wa Swee Bee ("Mr Wa").

    Mr Wa had ceased to exercise any right of control over the shares held by his son, Mr Wa Kok Liang ("Mr Leslie Wa") and according to his notification, he had ceased to have any deemed interest in Mr Leslie Wa's shareholding with effect from 1 June 2007.  
     
    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 3,472,940   33,482,460  
    As a percentage of issued share capital 3.19 % 30.75 %
    No. of shares held after the change 3,472,940   7,740  
    As a percentage of issued share capital 3.19 % 0.01 %