| Part I |
| 1. |
Date of notice to issuer |
12/07/2012 |
| 2. |
Name of Substantial Shareholder |
Roger Mark Pannell |
| 3. |
Notice Type |
Notice of a New Substantial Shareholder's interest.
|
| Part II |
| 1. |
Date of change of Shareholding |
05/07/2012 |
| 2. |
Name of Registered Holder |
Roger Mark Pannell |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
As a result of Share Consolidation and allotment of Consideration Shares pursuant to the completion of the Proposed Acquisition as defined in the Circular dated 16 May 2012. |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
0 |
| As a percentage of issued share capital |
0 % |
| No. of Shares which are subject of this notice |
11,139,702 |
| As a percentage of issued share capital |
5.9 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0.3087 |
| No. of Shares held after the change |
11,139,702 |
| As a percentage of issued share capital |
5.9 % |
|
| 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 |
155,832,093 |
| As a percentage of issued share capital |
0 % |
59.1 % |
| No. of shares held after the change |
11,139,702 |
50,097,725 |
| As a percentage of issued share capital |
5.9 % |
26.6 % |
| Footnotes |
(1) The deemed interest refers to the shares held by wife, Mrs Helen Ann Pannell and as beneficiary of Global Invacom Holdings Limited's employee benefit trust.
(2) The percentage before the change is calculated based on the issued share capital of 263,771,400 ordinary shares, prior to share consolidation and allotment of Consideration Shares.
(3) The percentage after the change is calculated based on the issued share capital of 188,458,035 ordinary shares, upon completion of the Proposed Acquisition.
(4) DMG & Partners Securities Pte Ltd ("DMG") was the financial adviser to the Company in relation to the acquisition of the entire issued and paid up share capital of Global Invacom Holdings Limited. DMG assumes no responsibility for the contents of this announcement. |
|