Part I |
1. |
Date of notice to issuer |
27/09/2012 |
2. |
Name of Substantial Shareholder |
Robert William Livingston |
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 Deemed Interest |
25/09/2012 |
2. |
The change in the percentage level |
From 28.54 % To 23.78 % |
3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Allotment of 19,223,250 shares via a placement agreement with two new shareholders. Robert William Livingston is a director of Merlion, LP and deemed to have interest in the 26,250,000 shares held by Merlion, LP by virtue of him holding 100% of its voting shares with his wife, Mary Isabella Livingston. |
4. |
A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: |
One transaction |
Part IV |
1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
|
|
Direct |
Deemed |
No. of shares held before the change |
1,178,180 |
26,250,000 |
As a percentage of issued share capital |
1.23 % |
27.31 % |
No. of shares held after the change |
1,178,180 |
26,250,000 |
As a percentage of issued share capital |
1.02 % |
22.76 % |
|