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News

Notice Of A Substantial Shareholder's Interest

BackMar 24, 2008
Part I
1. Date of notice to issuer 19/03/2008
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 Interest 05/03/2008
2. Name of Registered Holder FORTIS BANK GLOBAL CLEARING & CUSTODY FOR SUB ACCOUNT, PLATINUM GLOBAL DIVIDEND FUND AND CENTRAL DEPOSITORY PTE LTD. FOR SUB ACCOUNT CIM DIVIDEND INCOME FUND LIMITED AND PERINVEST DIVIDEND EQUITY FUND LIMITED.(collectively, the "Registered Holders")
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

CIM Investment Management Limited ("CIM") is the investment manager of the Registered Holders that have holdings in ElectroTech Investments Limited, CIM Dividend Income Fund at 22.5 million shares or 7.38% and Perinvest Dividend Equity Fund Limited at 5.2 million shares or 1.7% and Platinum Global Dividend Fund Limited ("PGDF") at 18.31 million shares or 6%. By virtue of the investment and management powers vested in CIM as investment manager, CIM is deemed to have an interest in the shares held in ElectroTech Investments Limited by the Registered Holders, namely, 46.01 million shares constituting 15.09% as at the date of this notification.
4. Information relating to shares held in the name of the Registered Holder
 
No. of Shares held before the change 45,715,000
As a percentage of issued share capital 15 %
No. of Shares which are subject of this notice 295,000
As a percentage of issued share capital 0.096 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.450
No. of Shares held after the change 46,010,000
As a percentage of issued share capital 15.096 %
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 45,715,000
As a percentage of issued share capital 0 % 15 %
No. of shares held after the change 0 46,010,000
As a percentage of issued share capital 0 % 15.09 %
Footnotes The percentage of holding are computed based on 304,713,258 ordinary shares as at 5 March 2008.

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