| Part I |
| 1. |
Date of notice to issuer |
10/01/2008 |
| 2. |
Name of Director |
Teo Cher Koon |
| 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 |
10/01/2008 |
| 2. |
Name of Registered Holder |
Assetraise Holdings Limited |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Sale of 49% equity interest in Dirak Asia Pte Ltd by Teo Cher Koon (sole shareholder of Assetraise Holdings Limited) in exchange for 13,375,800 shares in the Company as announced on 7 January 2008. |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
91,654,700 |
| As a percentage of issued share capital |
50.14 % |
| No. of Shares which are subject of this notice |
13,375,800 |
| As a percentage of issued share capital |
3.4 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0.4396 |
| No. of Shares held after the change |
105,030,500 |
| As a percentage of issued share capital |
53.54 %
|
|
| Part III - Not Required |
| Part IV |
| 1. |
Holdings of Director, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
0 |
91,654,700 |
| As a percentage of issued share capital |
0 % |
50.14 % |
| No. of shares held after the change |
0 |
105,030,500 |
| As a percentage of issued share capital |
0 % |
53.54 % |
|