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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackMar 29, 2012
Part I
1. Date of notice to issuer 29/03/2012
2. Name of Substantial Shareholder Wanbang Joint Investment Pte Ltd. ("WBJI")
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 Interest 29/03/2012
2. The change in the percentage level From 97.14 % To 100 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Acquisition by WBJI of 9,008,785 issued shares of Wanxiang pursuant to the exercise by WBJI of its right of compulsory acquisition under Section 215(1) of the Companies Act.
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.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 306,106,913 0
As a percentage of issued share capital 97.14 % 0 %
No. of shares held after the change 315,115,698 0
As a percentage of issued share capital 100 % 0 %
Footnotes The percentages are computed based on Wanxiang's issued share capital comprising 315,115,698 shares (excluding 19,668,000 shares held by Wanxiang as treasury shares).