Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackDec 24, 2009
Part I
1. Date of notice to issuer 24/12/2009
2. Name of Substantial Shareholder George Wang
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 24/12/2009
2. The change in the percentage level From 7.45 % To 7.45 %
3. Circumstance(s) giving rise to the interest or change in interest Right Issue

In a fully underwritten and renounceable rights issue of 975,627,332 new units, on a basis of two rights units for every one existing unit held by unitholders at an issue price of S$0.159 per rights unit, to raise gross proceeds of S$155.1 million. Great World Capital Holdings Ltd ("GWCH") increased its unitholding via subscription for 72,725,046 units.

GWCH is 100% owned by Mr George Wang. Mr George Wang is deemed to have a direct interest in units held by GWCH.
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 36,362,523
As a percentage of issued share capital 0 % 7.45 %
No. of shares held after the change 0 109,087,569
As a percentage of issued share capital 0 % 7.45 %

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