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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackFeb 22, 2008
Part I
1. Date of notice to issuer 22/02/2008
2. Name of Substantial Shareholder Chwee Cheng & Sons Pte Ltd
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 20/02/2008
2. The change in the percentage level From 21.1 % To 15.8 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Change in percentage of interest held as a result of the initial public offering ("IPO") of the Company in respect of 111,550,000 new 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, namely the offering of shares in the IPO of the Company.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 0 69,979,369
As a percentage of issued share capital 0 % 21.1 %
No. of shares held after the change 0 69,979,369
As a percentage of issued share capital 0 % 15.8 %
Footnotes (1) The percentage of shares held before the change is calculated based on 332,200,000 issued shares before the IPO.

(2) The percentage of shares held after the change is calculated based on 443,750,000 issued shares after the IPO.

(3) Chwee Cheng & Sons Pte Ltd holds more than 20% of the total number of issued shares in Tat Hong Holdings Ltd and is deemed to be interested in shares in the Company held by Tat Hong Holdings Ltd (namely 69,979,369 shares).

(4) The IPO of the Company's shares was sponsored by CIMK-GK Securities Pte. Ltd. CIMB-GK Securities Pte. Ltd. assumes no responsibility for the contents of this announcement.