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The details of the announcement start here ...
- PART I
- 1. Date of notice to issuer *
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29/09/2007
- 2. Name of Substantial Shareholder *
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Mikuni Co., Limited
- 3. Please tick one or more appropriate box(es): *
- PART II
- 1. Date of change of
- Name of Registered Holder
- 3. Circumstance(s) giving rise to the interest or change in interest
- # Please specify details
- 4. Information relating to shares held in the name of the Registered Holder
- No. of held before the change
- As a percentage of issued share capital
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%
- No. of which are subject of this notice
- As a percentage of issued share capital
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%
- 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
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%
- PART III
- 1. Date of change of Shareholding
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29/09/2007
- 2. The change in the percentage level
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from 49.11 % to 47.33 %
- 3. Circumstance(s) giving rise to the interest or change in interest
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# Others
- # Please specify details
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On 12 April 2006, Tomoike Industrial (H.K.) Limited ("Hong Kong Tomoike") entered into a Sale and Purchase Agreement with Mr. Kunikazu Yoshimi, Mr. Koichi Urano, Mr. Hiroshi Sayama, Mr. Masaaki Suga, Mrs Toyoko Yoshimi and Mrs Aiko Yoshimi to acquire the entire issued and paid-up share capital in Tomoike Industrial Co., Ltd ("Japan Tomoike"), comprising of an aggregate of 116,800 shares, in two tranches.
On 1 July 2006, the transfer of 60,000 shares in Japan Tomoike, being the First Tranche Sale Shares, to Hong Kong was completed and fully settled in cash.
On 29 September 2007, the Company allotted 18,405,221 Consideration Shares at the pre-determined issue price of S$0.26 each to Mr. Kunikazu Yoshimi in satisfaction of the Second Tranche Consideration Amount for the remaining 56,800 shares in Japan Tomoike. As a result, there is a change in the percentage level in Mikuni Co., Limiteds interest.
- 4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:
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The change in the percentage level is the result of a transaction.
- PART IV
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| 1. | Holdings of Substantial Shareholder , including direct and deemed interest : |
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| Direct | Deemed |
| No. of shares held before the change | 239,680,000 | 0 |
| As a percentage of issued share capital | 49.11 | 0 |
| No. of shares held after the change | 239,680,000 | 0 |
| As a percentage of issued share capital | 47.33 | 0 |
- Footnotes
