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Notice Of A Director's (Including A Director Who Is A Substantial Shareholder) Interest And Change In Interest

BackFeb 24, 2012
Part I
1. Date of notice to issuer 24/02/2012
2. Name of Substantial Shareholder Yap Xi Ming
3. Notice Type Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest.
Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II
1. Date of change of Interest 22/02/2012
2. Name of Registered Holder Chye Hin Hardware Pte. Ltd.
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. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 86,086,574
As a percentage of issued share capital 8.47 %
No. of Shares which are subject of this notice 0
As a percentage of issued share capital 0 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Shares held after the change 86,086,574
As a percentage of issued share capital 7.88 %
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 5,751,554 86,086,574
As a percentage of issued share capital 0.57 % 8.47 %
No. of shares held after the change 5,751,554 86,086,574
As a percentage of issued share capital 0.53 % 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. Mr Yap Xi Ming 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.