This printed article is located at http://sinheng.listedcompany.com/news.html
| Part I |
| 1. |
Date of notice to issuer |
25/05/2012 |
| 2. |
Name of Substantial Shareholder |
Toyota Tsusho Corporation |
| 3. |
Notice Type |
Notice of a New Substantial Shareholder's interest.
|
| Part II |
| 1. |
Date of change of Shareholding |
25/05/2012 |
| 2. |
Name of Registered Holder |
Daiwa Capital Market Singapore Limited (See Note 1) |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
On 25 May 2012, Toyota Tsusho Corporation and SEAVI Advent Equity (C) Ltd ("SEAVI") entered into a share purchase agreement for the sale, by SEAVI, and purchase, by Toyota Tsusho Corporation, of 123,800,000 fully paid ordinary shares in the capital of Sin Heng Heavy Machinery Limited (the "Sale Shares"). Completion of the acquisition of the Sale Shares occurred on 25 May 2012. |
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
0 |
| As a percentage of issued share capital |
0 % |
| No. of Shares which are subject of this notice |
123,800,000 |
| As a percentage of issued share capital |
26.96 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0.21 |
| No. of Shares held after the change |
123,800,000 |
| As a percentage of issued share capital |
26.96 % |
|
| Part III - Not Required |
| Part IV |
| 1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
0 |
0 |
| As a percentage of issued share capital |
0 % |
0 % |
| No. of shares held after the change |
123,800,000 |
0 |
| As a percentage of issued share capital |
26.96 % |
0 % |
| Footnotes |
Notes:
(1) Holding as nominee on behalf of Toyota Tsusho Corporation.
(2) The shareholding percentages in this Notice are based on 459,220,000 shares in the capital of Sin Heng Heavy Machinery Limited as at 25 May 2012 (excluding treasury shares).
(3) Toyota Motor Corporation (1 Toyota-Cho, Toyota City, Aichi Prefecture 471-8571, Japan) is deemed interested in the Sale Shares pursuant to Section 7 of the Companies Act by virtue of its shareholding of more than 20 percent of the shares in the capital of Toyota Tsusho Corporation. |
|