| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | ACTION ASIA LIMITED |
| Company Registration No. | 200206715M |
| Announcement submitted on behalf of | ACTION ASIA LIMITED |
| Announcement is submitted with respect to * | ACTION ASIA LIMITED |
| Announcement is submitted by * | Juliana Loh Joo Hui |
| Designation * | Company Secretary |
| Date & Time of Broacast | 07-Sep-2011 17:42:51 |
| Announcement No. | 00065 |
| Price Sensitivity | No |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 05/09/2011 |
| 2. Name of Substantial Shareholder * | ACTION ELECTRONICS CO., LTD |
| 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 Shareholding | 05/09/2011 |
| 2. The change in the percentage level | From 55.99 % to 56.26 % |
| 3. Circumstance(s) giving rise to the interest or change in interest | Open Market Purchase |
| # Please specify details | Action Electronics Co., Ltd is deemed to have an interest in the 7,437,000 shares held by its wholly owned subsidiary Almond Garden Corp through UOB Kay Hian Pte Ltd, pursuant to Section 7 of the Companies Act, CAP 50. |
| 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 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 | 217,052,310 | 6,353,000 |
| As a percentage of issued share capital | 54.40 % | 1.59 % |
| No. of shares held after the change | 217,052,310 | 7,437,000 |
| As a percentage of issued share capital | 54.40 % | 1.86 % |
| Footnotes | Subsequent to the share-buy-back exercised by the Company and as had announced, the issued share capital of the Company which initially comprises 400,000,000 ordinary shares has now been reduced to 399,000,000 ordinary shares. |
© 2011 SGX News
