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Notice Of A Substantial Shareholder's Interest

BackJun 07, 2011
Part I
1. Date of notice to issuer 03/06/2011
2. Name of Substantial Shareholder CIM Investment Management Limited
3. Notice Type Notice of a New Substantial Shareholder's interest.
Part II
1. Date of change of Deemed Interest 03/05/2011
2. Name of Registered Holder DBS Bank Ltd (for the account of CIM Dividend Income Fund Ltd.)/ Pershing LLC (for the account of Van Biema Asia Value Master Fund LP)
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 18000000
As a percentage of issued share capital 4.89 %
No. of Shares which are subject of this notice 500000
As a percentage of issued share capital 0.1359 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.3025
No. of Shares held after the change 18500000
As a percentage of issued share capital 5.0259 %
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 18000000
As a percentage of issued share capital 0 % 4.89 %
No. of shares held after the change 0 18500000
As a percentage of issued share capital 0 % 5.03 %
Footnotes The percentage of shareholding are computed based on 367,803,325 ordinary shares in the share capital of the Company as at 3 June 2011 (excluding 8,381,000 treasury shares).

CIM Investment Management Limited ("CIM") is the Investment Manager of the Registered Holders. By Virtue of the investment and management powers vested in CIM it is deemed to be interested in the shares held by the Registered Holders named above by virtue of Section 4 of the Securities and Futures Act (Cap.289). In its capacity as Investment Manager to the Registered Holders CIM became deemed as a substantial shareholder of the company when the cumulative holdings of the Registered Holders reached 5%.

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