Investor Relations: News

Notice Of Cessation Of Substantial Shareholding

BackDec 27, 2011

Part I

Date of notice to issuer

27/12/2011

Name of Substantial Shareholder

THE NASSIM FUND

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

Date of change of Interest

27/12/2011

The change in the percentage level

From 6.89 % To 2.30 %

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

# Others

Disposal through Sales & Purchase Agreements.

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

A series of transactions.

Part IV

Holdings of Substantial Shareholder, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	4,088,722
As a percentage of issued share capital	0 %	6.89 %
No. of shares held after the change	0	1,362,946
As a percentage of issued share capital	0 %	2.30 %
Footnotes	This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Stamford Corporate Services Pte Ltd (the "Sponsor"), for compliance with the relevant rules of the SGX-ST. The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange 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 Yap Lian Seng. Telephone number: 6389 3000, Email: lianseng.yap@stamfordlaw.com.sg