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

BackSep 12, 2011
Part I
1. Date of notice to issuer 12/09/2011
2. Name of Substantial Shareholder KOH CHIN KIM
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 12/09/2011
2. The change in the percentage level From 23.86 % To 23.84 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Dilution of percentage level of shareholding as a result of the exercise of 150,000 warrants into ordinary shares.
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 45,780,000 77,711,200
As a percentage of issued share capital 23.86 % 40.51 %
No. of shares held after the change 45,780,000 77,711,200
As a percentage of issued share capital 23.84 % 40.48 %
Footnotes The percentage level of shareholding (before the change) is based on the issued shares of the Company of 191,848,000 shares before the exercise of warrants.

The percentage level of shareholding (after the change) is based on the enlarged issued shares of the Company of 191,998,000 as at the date of announcement.

The Company was listed on Catalist of the Singapore Exchange Securities Trading Limited (the "SGX-ST") on 8 October 2009. The initial public offering of the Company was sponsored by PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor").

This announcement has been prepared by the Company and its contents have been reviewed by 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 SGX-ST and the SGX-ST 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 Mark Liew, Managing Director, Corporate Finance, at 20 Cecil Street, #21-02 Equity Plaza, Singapore 049705, telephone (65) 6229 8088.