| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | ZAGRO ASIA LIMITED |
| Company Registration No. | 199406784D |
| Announcement submitted on behalf of | ZAGRO ASIA LIMITED |
| Announcement is submitted with respect to * | ZAGRO ASIA LIMITED |
| Announcement is submitted by * | Poh Beng Swee |
| Designation * | Chairman |
| Date & Time of Broacast | 20-Nov-2009 17:17:07 |
| Announcement No. | 00055 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 20/11/2009 |
| 2. Name of Substantial Shareholder * | 1. Skopini Limited 2. The Zuellig Group Incorporated |
| 3. Please tick one or more appropriate box(es): * | |
| - Notice of a New Substantial Shareholder's interest. [Please complete Part II and IV] | |
| >> Part II | |
| 1. Date of change of Interest | 10/11/2009 |
| 2. Name of Registered Holder | BNP Paribas Nominees Singapore Pte Ltd |
| 3. Circumstance(s) giving rise to the interest or change in interest | # Others |
| # Please specify details | Transfer from related company as part of a group reorganisation of The Zuellig Group Incorporated. |
| 4. Information relating to shares held in the name of the Registered Holder | |
| No. of Shares held before the change | 0 |
| As a percentage of issued share capital | 0.0 % |
| No. of Shares which are subject of this notice | 63,904,000 |
| As a percentage of issued share capital | 24.71 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received | 0 |
| No. of Shares held after the change | 63,904,000 |
| As a percentage of issued share capital | |
| >> Part III | |
| 1. Date of change of [Select Option] | |
| 2. The change in the percentage level | From % to % |
| 3. Circumstance(s) giving rise to the interest or change in interest | [Select Option] |
| # Please specify details | |
| 4. A statement of whether the change in the percentage level is the result of a transaction or 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 | 0 | 0 |
| As a percentage of issued share capital | 0.0 % | 0.0 % |
| No. of shares held after the change | 0 | 63,904,000 |
| As a percentage of issued share capital | 0.0 % | 24.71 % |
| Footnotes | Percentage of shareholdings is calculated based on the total number of 258,572,238 voting shares in issue. The Zuellig Group Incorporated is deemed interested in the 63,904,000 shares held by Skopini Limited (with BNP Paribas Nominees Singapore Pte Ltd as custodian) as Skopini Limited is a 100% owned subsidiary of The Zuellig Group Incorporated. |