| Part I | ||||||||||||||||||||
| 1. | Date of notice to issuer | 25/10/2012 | ||||||||||||||||||
| 2. | Name of Substantial Shareholder | Ong Holdings (Private) Limited | ||||||||||||||||||
| 3. | Notice Type | Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. |
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| Part II - Not Required | ||||||||||||||||||||
| Part III | ||||||||||||||||||||
| 1. | Date of change of Deemed Interest | 10/05/2011 | ||||||||||||||||||
| 2. | The change in the percentage level | From 6.00 % To 0.00 % | ||||||||||||||||||
| 3. | Circumstance(s) giving rise to the interest or change in interest | # Others Ong Holdings (Private) Limited ("OHPL") holds not less than 20% voting shares in Hwa Hong Corporation Limited which in turn holds 100% of Singapore Warehouse Company (Private) Limited ("SWC"). SWC is a substantial shareholder of the Company. On 10 May 2011, OHPL has transferred all its shares in Hwa Hong Corporation Limited. Accordingly, OHPL has ceased to hold a deemed interest in the shares held by SWC. |
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| 4. | A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: | The change is a result of a transaction. | ||||||||||||||||||
| Part IV | ||||||||||||||||||||
| 1. | Holdings of Substantial Shareholder, including direct and deemed interest : | |||||||||||||||||||
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