NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

  

NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER"S INTEREST *
* Asterisks denote mandatory information

 

 
Name of Announcer * PAN HONG PROPERTY GROUP LTD  
Company Registration No. 37749  
Announcement submitted on behalf of PAN HONG PROPERTY GROUP LTD  
Announcement is submitted with respect to * PAN HONG PROPERTY GROUP LTD  
Announcement is submitted by * Wong Lam Ping  
Designation * Executive Chairman  
Date & Time of Broadcast 16-Jun-2009 12:40:52  
Announcement No. 00021  
 
 

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

 

>> PART I
 
1. Date of notice to issuer * 15-06-2009  
 
2. Name of Substantial Shareholder * Hwa Hong Corporation Limited ("HHCL") 
 
3. Please tick one or more appropriate box(es): *
 
  • Notice of a Change in the Percentage Level of a Substantial Shareholder"s Interest or Cessation of Interest. [Please complete Part III and IV]
 
 
>> PART II
 
1. Date of change of [Select Option]  
 
2. Name of Registered Holder  
 
3. Circumstance(s) giving rise to the interest or change in interest [Select Option]  
  # Please specify details
   
 
4. Information relating to shares held in the name of the Registered Holder
 
No. of [Select Option] held before the change  
As a percentage of issued share capital %
 
No. of N.A. which are subject of this notice  
As a percentage of issued share capital %
 
Amount of consideration (excluding brokerage and stamp duties) per share paid or received  
 
No. of N.A. held after the change  
As a percentage of issued share capital %
 
 
>> PART III
 
1. Date of change of Deemed Interest 15-06-2009  
 
2. The change in the percentage level From 5.16 % To 4.99 %
 
3. Circumstance(s) giving rise to the interest or change in interest # Others  
  # Please specify details
A series of transactions in the open market by Singapore Warehouse Company (Private) Ltd. (“SWC”).

By virtue of Section 7 of the Companies Act (Cap. 50), HHCL is deemed to have an interest in the shares of the Company held by SWC and/or in which SWC has an interest. SWC is a wholly owned subsidiary of HHCL.  
 
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 series of transactions by SWC as follows:

Purchase of Shares on 26 November 2008
Number of Shares Transacted: 1,200,000

Sale of Shares on 14 April 2009
Number of Shares Transacted: 200,000

Sale of Shares on 15 April 2009
Number of Shares Transacted: 300,000

Sale of Shares on 16 April 2009
Number of Shares Transacted: 200,000

Sale of Shares on 29 April 2009
Number of Shares Transacted: 100,000

Sale of Shares on 30 April 2009
Number of Shares Transacted: 130,000

Sale of Shares on 5 May 2009
Number of Shares Transacted: 50,000

Sale of Shares on 7 May 2009
Number of Shares Transacted: 100,000

Sale of Shares on 11 May 2009
Number of Shares Transacted: 100,000

Sale of Shares on 13 May 2009
Number of Shares Transacted: 100,000

Sale of Shares on 22 May 2009
Number of Shares Transacted: 50,000

Sale of Shares on 28 May 2009
Number of Shares Transacted: 100,000

Sale of Shares on 29 May 2009
Number of Shares Transacted: 50,000

Sale of Shares on 1 June 2009
Number of Shares Transacted: 100,000

Sale of Shares on 2 June 2009
Number of Shares Transacted: 50,000

Sale of Shares on 3 June 2009
Number of Shares Transacted: 20,000

Sale of Shares on 4 June 2009
Number of Shares Transacted: 30,000

Sale of Shares on 12 June 2009
Number of Shares Transacted: 300,000

Sale of Shares on 15 June 2009
Number of Shares Transacted: 50,000  
 
 
>> PART IV
 
1. Holdings of Substantial Shareholder , including direct and deemed interest :
 
\
Direct
Deemed
No. of shares held before the change 0   25,300,000  
As a percentage of issued share capital 0 % 5.16 %
No. of shares held after the change 0   24,470,000  
As a percentage of issued share capital 0 % 4.99 %
 
Footnotes
The percentage of issued share capital is based on 490,000,000 issued ordinary shares in the capital of the Company as at 15 June 2009.  
 

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