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Notice Of Cessation Of Substantial Shareholding

BackMay 19, 2010
Part I
1. Date of notice to issuer 19/05/2010
2. Name of Substantial Shareholder VIKING OFFSHORE AND MARINE LIMITED
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 18/05/2010
2. The change in the percentage level From 11.03 % To 0 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Sales of 10,300,000 shares
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change in the percentage level is the result of a transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 10300000 0
As a percentage of issued share capital 11.03 % 0 %
No. of shares held after the change 0 0
As a percentage of issued share capital 0 % 0 %
Footnotes This announcement has been prepared by the Company and its contents have been reviewed by the company's sponsor ("Sponsor"), Asian Corporate Advisors Pte. Ltd., for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("Exchange"). The Company's Sponsor has not independently verified the contents of this announcement including the correctness of any of the figures used, statements or opinions made.

This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Liau H.K.
Telephone number: 6221 0271