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19.03.2010 | 16:05
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PARKWAY HLDGS LTD: NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING

Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *PARKWAY HLDGS LTD
Company Registration No.197400320R
Announcement submitted on behalf ofPARKWAY HLDGS LTD
Announcement is submitted with respect to *PARKWAY HLDGS LTD
Announcement is submitted by *Ho Li Li
Designation *Company Secretary
Date & Time of Broacast19-Mar-2010 22:44:37
Announcement No.00188
Price SensitivityNo
>> Announcement Details
The details of the announcement start here ...
>> Part I
1. Date of notice to issuer *19/03/2010
2. Name of Substantial Shareholder *David Bonderman
3. Please tick one or more appropriate box(es): *
- Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]
>> Part II
1. Date of change of [Select Option]
2. 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 N.A. held before the change
As a percentage of issued share capital
No. of N.A. which are subject of this notice
As a percentage of issued share capital
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
>> Part III
1. Date of change of Deemed Interest19/03/2010
2. The change in the percentage levelFrom 17.82 % to 0 %
3. Circumstance(s) giving rise to the interest or change in interest# Others
# Please specify detailsDeemed Interest under Section 7 of the Companies Act (Chapter 50 of Singapore) in 201,438,403 Parkway shares held by Newbridge Singapore Co-Investment Pte. Ltd., Newbridge Singapore Healthcare Partners Pte. Ltd. and Newbridge Singapore Medical Partners Pte. Ltd.

Cessation of interest of Newbridge Singapore Co-Investment Pte.Ltd., Newbridge Singapore Healthcare Partners Pte. Ltd. and Newbridge Singapore Medical Partners Pte. Ltd. in the shares of Parkway Holdings Limited ("Parkway") due to the completion of the sale of their respective shares in Parkway to Fortis Global Healthcare (Mauritius) Limited (the "Purchaser") pursuant to the sale and purchase agreement dated 11 March 2010 entered into between the Purchaser, Newbridge Singapore Co-Investment Pte.Ltd., Newbridge Singapore Healthcare Partners Pte. Ltd. and Newbridge Singapore Medical Partners Pte. Ltd. (as vendors) and RHC Holding Private Limited (as covenantor).
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactionsA transaction
>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
DirectDeemed
No. of shares held before the change0201,438,403
As a percentage of issued share capital0 %17.82 %
No. of shares held after the change00
As a percentage of issued share capital0 %0 %
FootnotesBased on 1,130,298,092 issued shares in Parkway, excluding treasury shares.

© 2010 SGX News

Link: http://www.finanznachrichten.de/nachrichten-2010-03/16423869-parkway-hldgs-ltd-notice-of-cessation-of-substantial-shareholding-027.htm