News

Notice Of Cessation Of Substantial Shareholding

BackNov 10, 2009

Part I

Date of notice to issuer

06/11/2009

Name of Substantial Shareholder

Chip Lian Private Limited ("CLP")

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

Date of change of Interest

03/07/2009

The change in the percentage level

From 11.03 % To 0 %

Circumstance(s) giving rise to the interest or change in interest

# Others

Disposal of shares in Novena Holdings Limited ("Novena") by Oei Hong Leong Foundation Pte. Ltd. ("OHLF") resulting in OHLF holding less than 20% interest in Novena. Novena is a substantial shareholder of Old Chang Kee Ltd.

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 series of transactions.

Part IV

Holdings of Substantial Shareholder, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	10300000
As a percentage of issued share capital	0 %	11.03 %
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 H K Liau Telephone number: 6221 0271