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

BackFeb 24, 2012
Part I
1. Date of notice to issuer 24/02/2012
2. Name of Substantial Shareholder Tan Kim Seng
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 22/02/2012
2. The change in the percentage level From 8.47 % To 7.88 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Change in percentage of shareholdings as a result of allotment of 76,500,000 new ordinary shares in the share capital of HG Metal Manufacturing Ltd.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: A single transaction
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 3,300,088 86,086,574
As a percentage of issued share capital 0.32 % 8.47 %
No. of shares held after the change 3,300,088 86,086,574
As a percentage of issued share capital 0.30 % 7.88 %
Footnotes 1. The percentage of interests disclosed herein is calculated based on the following total number of issued shares in the capital of the Company:
(a) held before the change = 1,016,021,962
(b) held after the change = 1,092,521,962

2. Tan Kim Seng is deemed interested in the shares registered in the name of Chye Hin Hardware Pte. Ltd. by virtue of Section 7 of the Companies Act, Cap. 50.