Based on information in the Register of Substantial Shareholders maintained by the Company, as at
the Latest Practicable Date, the Substantial Shareholders and the number of Shares in which they
have an interest are as follows:
Direct Interest
Deemed Interest
Total Interest
Number of
Shares
(%)
(1)
Number of
Shares
(%)
(1)
Number of
Shares
(%)
(1)
Flame Gold
International Limited 284,050,000 22.29
–
–
284,050,000 22.29
Foo Sey Liang
–
–
284,050,000
(2)
22.29 284,050,000 22.29
SEAVI Advent
Investments Ltd
–
–
133,500,000
(3)
10.48 133,500,000 10.48
Teo Yi-Dar (Zhang Yida)
–
–
133,500,000
(4)
10.48 133,500,000 10.48
Rise Capital Ventures
Ltd
80,100,000 6.29
–
–
80,100,000 6.29
Aung Tin Htut
–
–
80,100,000
(5)
6.29 80,100,000 6.29
Chye Hin Hardware
Pte. Ltd.
86,086,574 6.76
–
–
86,086,574 6.76
Yap Xi Ming
5,710,000 0.45 86,123,128
(6)
6.76 91,833,128 7.21
Tan Kim Seng
4,000,088 0.31 86,086,574
(7)
6.76 90,086,662 7.07
Notes:
(1) Based on total issued and paid-up ordinary share capital (excluding treasury shares) comprising 1,274,185,662
Shares as at the Latest Practicable Date.
(2) Mr Foo Sey Liang is deemed to be interested in the 284,050,000 Shares held by Flame Gold International
Limited, by virtue of Section 7 of the Act.
(3) SEAVI Advent Investments Ltd (“
SEAVI
”) is an investment holding company incorporated in the British Virgin
Islands. SEAVI is beneficially owned by SEAVI Advent Equity VI (Cayman) L.P. and Ocean Private Equity III Fund
Limited (collectively known as the “
SEAVI Advent Funds
”). The SEAVI Advent Funds are private equity funds
managed by SEAVI Advent Corporation Limited.
(4) Mr Teo Yi-Dar (Zhang Yida) is deemed to be interested in the 133,500,000 Shares held by Seavi Advent
Investments Ltd by virtue of Section 7 of the Act. SEAVI is an investment holding company incorporated in
the British Virgin Islands. SEAVI is beneficially owned by SEAVI Advent Funds. The SEAVI Advent Funds are
private equity funds managed by SEAVI Advent Corporation Limited.
(5) Aung Tin Htut is deemed to be interested in the 80,100,000 shares in the capital of the Company which Rise
Capital Ventures Ltd has an interest in, by virtue of Section 7 of the Act.
(6) Yap Xi Ming holds approximately 33.33% in the share capital of Chye Hin Hardware Pte. Ltd. (“
Chye Hin
”)
and is therefore deemed interested in the 86,086,574 Shares held by Chye Hin by virtue of Section 7 of
the Act. He is also deemed to be interested in the 36,554 shares held by CIMB Securities (S) Pte Ltd as his
nominee.
(7) Tan Kim Seng holds approximately 25% in the share capital of Chye Hin and is therefore deemed interested
in the 86,086,574 Shares held by Chye Hin by virtue of Section 7 of the Act.
147
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2015
APPENDIX
