| Part I |
| 1. |
Date of notice to issuer |
05/10/2010 |
| 2. |
Name of Director |
LEE WAN TANG |
| 3. |
Notice Type |
Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest.
|
| Part II |
| 1. |
Date of change of Interest |
05/10/2010 |
| 2. |
Name of Registered Holder |
LEE WAN TANG |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Sale of 1,500,000 shares pursuant to the Placement Agreement dated 4 October 2010. |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
1,500,000 |
| As a percentage of issued share capital |
0.49 % |
| No. of Shares which are subject of this notice |
1,500,000 |
| As a percentage of issued share capital |
0.49 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0.43 |
| No. of Shares held after the change |
0 |
| As a percentage of issued share capital |
0 %
|
|
| Part III - Not Required |
| Part IV |
| 1. |
Holdings of Director, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
1,500,000 |
202,557,374 |
| As a percentage of issued share capital |
0.49 % |
66.25 % |
| No. of shares held after the change |
0 |
155,075,374 |
| As a percentage of issued share capital |
0 % |
50.71 % |
| Footnotes |
The percentage of issued share capital is calculated based on existing issued shares of 305,750,000 as at the date of this Notice.
Mr Lee Wan Tang is deemed interested in the shares held by Nautical International Holdings Ltd |
|
