See Hup Seng

SHS Holdings Ltd

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Notice Of Cessation Of Substantial Shareholding

BackOct 06, 2008
Part I
1. Date of notice to issuer 02/10/2008
2. Name of Substantial Shareholder Hamon Asset Management Limited, Hamon Investment Management Limited and Hamon U.S. Investment Advisors Limited
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 Interest 02/10/2008
2. The change in the percentage level From 5.03 % To 4.92 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

A sale transaction of 400,000 shares at price per share of $0.25.
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 18,130,000
As a percentage of issued share capital 0 % 5.03 %
No. of shares held after the change 0 17,730,000
As a percentage of issued share capital 0 % 4.92 %

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