| Notice of Interest/Change in Interest | |
| * Asterisks denote mandatory information | |
| Name of Announcer * | EASTERN HOLDINGS LTD |
| Company Registration No. | 198105390C |
| Announcement submitted on behalf of | EASTERN HOLDINGS LTD |
| Announcement is submitted with respect to * | EASTERN HOLDINGS LTD |
| Announcement is submitted by * | Tan Kay Soon Kenneth |
| Designation * | Executive Director |
| Date & Time of Broacast | 21-Aug-2012 18:16:32 |
| Announcement No. | 00121 |
| Price Sensitivity | Yes |
| >> Announcement Details | |
| The details of the announcement start here ... |
| >> Part I | |
| 1. Date of notice to issuer * | 21/08/2012 |
| 2. Name of Director * | STEPHEN TAY THIAN BOON |
| 3. Please tick one or more appropriate box(es): * | |
| - Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV] | |
| >> Part II | |
| 1. Date of change of Deemed Interest | 17/08/2012 |
| 2. Name of Registered Holder | MBT HOLDINGS PTE. LTD. |
| 3. Circumstance(s) giving rise to the interest or change in interest | # Others |
| # Please specify details | Mr Stephen Tay Thian Boon holds 50 per cent. of the issued share capital of MBT Holdings Pte. Ltd. (the "Offeror") and is therefore deemed to have an interest in the shares ("Shares") of Eastern Holdings Ltd. (the "Company") which are the subject of this notification pursuant to section 7 of the Companies Act (Cap. 50). The change in interest is the result of the acceptances received in respect of an aggregate of 96,494 Shares on 17 August 2012 pursuant to the voluntary unconditional cash offer by the Offeror for all the Shares in the Company. |
| 4. Information relating to shares held in the name of the Registered Holder | |
| No. of Shares held before the change | 245,746,030 |
| As a percentage of issued share capital | 81.915 % |
| No. of Shares which are subject of this notice | 96,494 |
| As a percentage of issued share capital | 0.032 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received | 0.18 |
| No. of Shares held after the change | 245,842,524 |
| As a percentage of issued share capital | |
| >> Part III | |
| 1. Date of change of [Select Option] | |
| 2. The change in the percentage level | From % to % |
| 3. Circumstance(s) giving rise to the interest or change in interest | [Select Option] |
| # Please specify details | |
| 4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions | |
| >> Part IV | ||
| 1. Holdings of Director, including direct and deemed interest: | ||
| Direct | Deemed | |
| No. of shares held before the change | 0 | 245,746,030 |
| As a percentage of issued share capital | 0 % | 81.915 % |
| No. of shares held after the change | 0 | 245,842,524 |
| As a percentage of issued share capital | 0 % | 81.948 % |
| Footnotes | (1) The percentage of issued share capital is calculated based on 300,000,000 shares (excluding treasury shares). (2) Mr Stephen Tay Thian Boon is deemed interested in the Shares held by the Offeror. |