| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | CHINA ENERSAVE LTD |
| Company Registration No. | 199706776D |
| Announcement submitted on behalf of | CHINA ENERSAVE LTD |
| Announcement is submitted with respect to * | CHINA ENERSAVE LTD |
| Announcement is submitted by * | Seah Hai Yang |
| Designation * | Company Secretary |
| Date & Time of Broacast | 15-Dec-2011 17:41:35 |
| Announcement No. | 00063 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 15/12/2011 |
| 2. Name of Substantial Shareholder * | Lim Hua Min |
| 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 Interest | 14/12/2011 |
| 2. The change in the percentage level | From 5.21 % to 4.55 % |
| 3. Circumstance(s) giving rise to the interest or change in interest | # Others |
| # Please specify details | Dilution of interest as a result of the issue of 368,222,830 new shares. |
| 4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions | A single transaction. |
| >> Part IV | ||
| 1. Holdings of Substantial Shareholder, including direct and deemed interest: | ||
| Direct | Deemed | |
| No. of shares held before the change | 0 | 131,250,000 |
| As a percentage of issued share capital | 0 % | 5.21 % |
| No. of shares held after the change | 0 | 131,250,000 |
| As a percentage of issued share capital | 0 % | 4.55 % |
| Footnotes | The percentage of interest is computed based on China Enersave Ltd's ("CEL") enlarged issued share capital of 2,886,211,043 ordinary shares. Phillip Ventures Enterprise Fund 2 Ltd ("PVEF2") is a company incorporated in Singapore. It is a private equity investment fund managed by Phillip Private Equity Pte Ltd ("PPE") on a full discretionary basis. PPE holds the only issued ordinary share of PVEF2 and the preference shares in the capital of PVEF2 are held mainly by institutional investors and high net worth individuals. The ultimate holding company of PPE is Phillip Investment Corporation Pte Ltd ("PIC") and PIC is majority-owned by Mr Lim Hua Min. PPE, PIC and Mr Lim are all deemed interested in the shares of CEL held by PVEF2. This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, Stamford Corporate Services Pte Ltd, for compliance with the relevant rules of the Exchange. The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Yap Wai Ming: Tel: 6389 3000 Email: waiming.yap@stamfordlaw.com.sg |
