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Shareholdings (as at 18 March 2008)

(Extracted from Annual Report 2007)

Statistics of Shareholdings as at 18 March 2008


Distribution of Shareholdings


Twenty Largest Shareholders

Approximately 57% of the Company’s shares are held in the hands of public. Accordingly, the Company has complied with Rule 723 of the Listing Manual of SGX-ST.

Substantial Shareholders
Notes:
# James Zhang is the owner of the entire issue share capital of Silver Act Overseas Limited and is deemed to be interested in all shares held by Silver Act Overseas Limited.
* Silver Act Overseas Limited holds the shares in the name of CIMB GK Securities Pte Ltd, UOB Nominees Pte Ltd, HL Bank (Nominees) Pte Ltd and Morgan Stanley (S) Securities Pte Ltd.
@ NewSmith Capital GP Limited is deemed to have an interest in 92,000,000 shares by virtue of it being the general partner of NewSmith Opportunities Private Equity Fund LP, which in turn has a 10.05% shareholding interest in the Company.
@ NewSmith Capital Partners LLP is deemed to have a total interest in 103,226,000 shares through:
  • its 100% shareholding in NewSmith Capital GP Limited, the general partner of NewSmith Opportunities Private Equity Fund LP, which in turn has a 10.05% shareholding interest in the Company;
  • its 100% shareholding in NewSmith Asset Management LLP, the manager of NewSmith Opportunities Private Equity Fund LP, which in turn has a 10.05% shareholding interest in the Company;
  • its 100% shareholding in NewSmith Capital Partners (Asia) Pte Ltd, which in turn holds 3,040,000 shares;
  • its direct interest of 8,186,000 shares.
* NewSmith Asset Management LLP is the manager of NewSmith Opportunities Private Equity Fund LP. NewSmith Asset Management LLP is deemed to have an interest in all the shares that NewSmith Opportunities Private Equity Fund LP is interested in.