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Notice Of A Substantial Shareholder's Interest

BackMay 19, 2010
Part I
1. Date of notice to issuer 19/05/2010
2. Name of Substantial Shareholder ESTATE OF NG TENG FONG, DECEASED
3. Notice Type Notice of a New Substantial Shareholder's interest.
Part II
1. Date of change of Interest 18/05/2010
2. Name of Registered Holder The Central Depository (Pte) Limited for the account of Goodview Properties Pte Ltd ("Goodview")
3. Circumstance(s) giving rise to the interest or change in interest # Others

Deemed interest in 10,300,000 shares in which Goodview has a direct interest pursuant to a married deal entered into by Goodview as purchaser with the seller on 18/05/2010 in respect of the said shares, by virtue of our controlling interest in Far East Organization Centre Pte. Ltd., which in turn has a controlling interest in Goodview.
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 10300000
As a percentage of issued share capital 11.03 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.315
No. of Shares held after the change 10300000
As a percentage of issued share capital 11.03 %
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 0
As a percentage of issued share capital 0 % 0 %
No. of shares held after the change 0 10300000
As a percentage of issued share capital 0 % 11.03 %
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