News

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

BackNov 09, 2009

Part I

Date of notice to issuer

09/11/2009

Name of Director

Lee Chee Seng

Notice Type

Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest.

Part II

Date of change of Interest

09/11/2009

Name of Registered Holder

Lee Chee Seng/ HSBC (Singapore) Nominees Pte Ltd

Circumstance(s) giving rise to the interest or change in interest

# Others

Conversion of 217,500 warrants to shares by warrantholders

Information relating to shares held in the name of the Registered Holder

No. of Warrants held before the change	3,131,500
As a percentage of issued share capital	1.76 %
No. of Warrants 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 Warrants held after the change	3,131,500
As a percentage of issued share capital	-

Part III - Not Required

Part IV

Holdings of Director, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	2,731,500	400,000
As a percentage of issued share capital	1.53 %	0.23 %
No. of shares held after the change	2,731,500	400,000
As a percentage of issued share capital	1.54 %	0.22 %
Footnotes	(i) Each warrant carrying the right to subscribe for one new ordinary share in the capital of the Company at an exercise price of S$0.23 for each new share. (ii) The percentage before change in interest is computed based on the issued warrant of 178,103,550 as at 30 October 2009 before conversion of warrants. (iii) The percentage after change in interest is computed based on the issued warrant of 177,886,050 as at 9 November 2009 after conversion of warrants.