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ENG KONG HOLDINGS LIMITED: NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

Finanznachrichten News
Notice of Interest/Change in Interest
* Asterisks denote mandatory information
Name of Announcer *ENG KONG HOLDINGS LIMITED
Company Registration No.199407478G
Announcement submitted on behalf ofENG KONG HOLDINGS LIMITED
Announcement is submitted with respect to *ENG KONG HOLDINGS LIMITED
Announcement is submitted by *Esther Au
Designation *Secretary
Date & Time of Broacast01-Jul-2010 17:28:43
Announcement No.00093
Price SensitivityYes
>> Announcement Details
The details of the announcement start here ...
>> Part I
1. Date of notice to issuer *01/07/2010
2. Name of Substantial Shareholder *HAL Investments (Asia) Ltd. ("HAL")
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 Interest29/06/2010
2. The change in the percentage levelFrom 76.11 % to 77.45 %
3. Circumstance(s) giving rise to the interest or change in interest# Others
# Please specify detailsThe voluntary conditional cash offer (the "Offer") by PrimePartners Corporate Finance Pte. Ltd., for and on behalf of NEK Container Group Pte. Ltd. (the "Offeror"), to acquire all the issued and paid up ordinary shares (the "Shares") in the share capital of Eng Kong Holdings Limited ("EKH") other than those Shares held by EKH as treasury shares and those held, directly and indirectly, by the Offeror as at the date of the Offer, was declared unconditional in all respects on 18 June 2010.

Taking into account acceptances received pursuant to the Offer as at 5.00 p.m. on 29 June 2010, the Offeror held or had agreed to acquire 203,310,524 Shares, representing approximately 77.45% (1) of the total number of Shares in issue.

NEK Container Holdings Ltd ("NEKC") holds the entire issued share capital of the Offeror and therefore is deemed to be interested in the Shares held by the Offeror.

Navis Asia Fund V, L.P. ("NAF V") holds the entire issued share capital of NEKC and therefore is deemed to be interested in the Shares held by the Offeror.

Navis Asia Fund V G.P., L.P. ("NAF V GP LP") is the general partner of NAF V and therefore is deemed to be interested in the Shares held by the Offeror.

Navis Asia Fund V, G.P., Ltd. ("NAF V GP Ltd") is the general partner of NAF V GP LP and therefore is deemed to be interested in the Shares held by the Offeror.

Navis Capital Partners Limited ("NCPL") holds the entire issued share capital of NAF V GP Ltd and therefore is deemed to be interested in the Shares held by the Offeror.

HAL holds more than 20% of the issued share capital of NCPL and therefore is deemed to be interested in the Shares held by the Offeror.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactionsThe 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:
DirectDeemed
No. of shares held before the change0199,774,312
As a percentage of issued share capital0 %76.11 %
No. of shares held after the change0203,310,524
As a percentage of issued share capital0 %77.45 %
Footnotes(1) The percentages in this notice are computed based on 262,493,736 Shares in issue, excluding 1,300,000 Shares held by EKH as treasury shares.
© 2010 SGX News
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