=> ZAGRO ASIA LIMITED: NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING <=

20.11.2009 10:34

ZAGRO ASIA LIMITED: NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING

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 17:13:45
Announcement No.	00047
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 *	Invardar Holdings Limited
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 Interest	10/11/2009
2. The change in the percentage level	From 24.71 % to 0.00 %
3. Circumstance(s) giving rise to the interest or change in interest	# Others
# Please specify details	Transfer to related company as part of a group reorganisation of The Zuellig Group Incorporated.
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 transaction.

>> Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest:
	Direct	Deemed
No. of shares held before the change	63,904,000	0
As a percentage of issued share capital	24.71 %	0.0 %
No. of shares held after the change	0	0
As a percentage of issued share capital	0.00 %	0.0 %

Footnotes

Percentage of shareholdings is calculated based on the total number of 258,572,238 voting shares in issue.

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