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24 Nov 2006

Notice Of a Director's (who is also a substantial shareholder) Interest and Change in Interest

PART I

1. Date of notice to issuer: 23/11/2006
2. Name of Director/Substantial Shareholder: Albert Phuay Yong Hen

3. Please tick one or more appropriate box(es):

x
a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Parts II and IV]
x
a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Parts III and IV]

PART II

1. Date of change of interest: 23/11/2006
2. Name of Registered Holder: Albert Phuay Yong Hen
3. Circumstance(s) giving rise to the interest or change in interest: # Others
  # Please specify details Married Deals

4. Information relating to shares held in the name of the Registered Holder: -

No. of shares held before the change: 268,457,520
As a percentage of issued share capital: 55.24%
No. of shares which are the subject of this notice: 26,000,000
As a percentage of issued share capital: 5.35%
Amount of consideration (excluding brokerage and stamp duties) per share paid or received: 0.23
No. of shares held after the change: 242,457,520
As a percentage of issued share capital: 49.89%

PART III

1. Date of change of interest:  
2. The change in the percentage level: From % to %
3. Circumstance(s) giving rise to the interest or change in interest:  
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions.
Result of a transaction.

PART IV

1. Holdings of Director/Substantial Shareholder, including direct and deemed interest: -

-
Direct
Deemed
No. of shares held before change:
268,457,520
12,990,840
As a percentage of issued share capital:
55.24%
2.67%
-
No. of shares held after change:
242,457,520
12,990,840
As a percentage of issued share capital:
49.89%
2.67%
     
Footnotes

The change in the percentage level is the result of the following transactions by married deals:-

1) 10,000,000 shares @ 0.23 each on 22 November 2006.

2) 16,000,000 shares @ 0.23 each on 23 November 2006.

 
     

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