| Part I |
| 1. |
Date of notice to issuer |
05/12/2011 |
| 2. |
Name of Substantial Shareholder |
NAUTICAL INTERNATIONAL HOLDINGS 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 Shareholding |
02/12/2011 |
| 2. |
The change in the percentage level |
From 56.018 % To 56.047 % |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| 4. |
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
By market purchased through series of transactions |
| Part IV |
| 1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
133,057,374 |
57,823,000 |
| As a percentage of issued share capital |
39.048 % |
16.969 % |
| No. of shares held after the change |
133,057,374 |
57,923,000 |
| As a percentage of issued share capital |
39.048 % |
16.999 % |
| Footnotes |
Of the 190,980,374 shares held in Nautical International Holdings Ltd, 12,923,000 shares are held in the names of Phillip Securities Pte Ltd, 5,000,000 shares are held in the names of UBS Bank, 6,000,000 shares are held in the names of Citibank Consumer Nominees Pte Ltd and 34,000,000 are held in the names of DMG & Partners Securities Pte Ltd. |
|
