Stamford Land Corporate Ltd

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Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackJun 05, 2009
Part I
1. Date of notice to issuer 05/06/2009
2. Name of Substantial Shareholder OW CHIO KIAT
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Deemed Interest 05/06/2009
2. The change in the percentage level From 4.81 % To 2.57 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

There is no change to Mr Ow Chio Kiat's direct interest in 295,471,000 shares.

The change in deemed interest arises from the relinquishment of control over, and the cessation of deemed interest in 19,341,000 shares, comprising (a) 10,000,000 shares previously gifted to son, Mr Ow Yew Heng; and (b) 9,341,000 shares previously gifted to daughter, Ms Ow Yi Ling. There are no transfers effected in relation to these shares, which remain registered under Citibank Nominees Singapore Pte Ltd.

Mr Ow Chio Kiat is deemed interested in the shares owned by (a) his spouse, Madam Lim Siew Feng (30,000 shares); (b) Hai Sun Hup Group Pte Ltd (12,400,000 shares); and (c) Maritime Properties Pte Ltd (9,776,000 shares).
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: NA
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 295,471,000 41,547,000
As a percentage of issued share capital 34.21 % 4.81 %
No. of shares held after the change 295,471,000 22,206,000
As a percentage of issued share capital 34.21 % 2.57 %
Footnotes Note: the Company's issued share capital comprises 863,833,482 ordinary shares.