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Notice Of A Substantial Shareholder's Interest

BackMar 24, 2010
Part I
1. Date of notice to issuer 24/03/2010
2. Name of Substantial Shareholder Sun & Tian Investment Pte. Ltd. ("S&T")
3. Notice Type Notice of a New Substantial Shareholder's interest.
Part II
1. Date of change of Interest 23/03/2010
2. Name of Registered Holder Sun & Tian Investment Pte. Ltd.
3. Circumstance(s) giving rise to the interest or change in interest # Others

Pursuant to the exercise of the Call Option Deed dated 28 December 2007 between Mr Sun Zhao Lin (father of Mr Sun Tian) and Mr Sun Tian, Mr Sun Zhao Lin had instructed Mr Sun Tian to transfer 254,714,350 shares in the Company (the "Shares") to S&T.
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 254,714,350
As a percentage of issued share capital 57.4 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.001
No. of Shares held after the change 254,714,350
As a percentage of issued share capital 57.4 %
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 254,714,350 0
As a percentage of issued share capital 57.4 % 0 %
Footnotes The percentage of shares held is calculated based on the Company's issued share capital of 443,750,000 Shares as at 24 March 2010.

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