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Notice Of A Substantial Shareholder's Interest

BackMar 30, 2012
Part I
1. Date of notice to issuer 30/03/2012
2. Name of Substantial Shareholder LAU WAI CHI STELLAN
3. Notice Type Notice of a New Substantial Shareholder's interest.
Part II
1. Date of change of Deemed Interest 29/03/2012
2. Name of Registered Holder CITY CHALLENGE GLOBAL LIMITED
3. Circumstance(s) giving rise to the interest or change in interest # Others

Exercise of the CBB option into 21,800,000 ordinary shares pursuant to the Bond Deed dated 14 May 2011.
Lau Wai Chi Stellan is the sole shareholder of City Challenge Global Limited and therefore deemed interested in the shares held by City Challenge Global Limited.
4. Information relating to shares held in the name of the Registered Holder
 
No. of Rights held before the change 0
As a percentage of issued share capital 0 %
No. of Rights which are subject of this notice 21,800,000
As a percentage of issued share capital 9.37 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Rights held after the change 21,800,000
As a percentage of issued share capital 9.37 %
Part III - Not Required
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 0
As a percentage of issued share capital 0 % 0 %
No. of shares held after the change 0 21,800,000
As a percentage of issued share capital 0 % 9.37 %
Footnotes The percentages are calculated based on the total number of shares of 232,687,354 after the exercise of the option.

The terms used herein, unless otherwise defined, have the same meanings as defined in the prospectus dated 21 March 2012 and registered by the Monetary Authority of Singapore on 21 March 2012.

The issue manager for the Invitation is PrimePartners Corporate Finance Pte. Ltd.