The change in the percentage level is the result of sale of 2,145,000 shares at S$0.08 by:
(a) the Substantial Shareholder's Registered Holders: State Street
Bank and Trust Company of 2,145,000 shares, of which Martin Currie
Investment Management ("MCIM") the Substantial Shareholder is
interested in;
(b) the Substantial Shareholder has a deemed interest in the
company by virtue of Section 7(4A)(a) of the Companies Act as the
Substantial Shareholder and MCInc are related companies in that
they are wholly owned subsidiary of Martin Currie (Holdings) Ltd. |