Investor Relations: News

This printed article is located at https://sinheng.listedcompany.com/news.html

News

Notice Of Cessation Of Substantial Shareholding

BackNov 26, 2010

Part I

Date of notice to issuer

26/11/2010

Name of Substantial Shareholder

Sin Heng Holdings Ltd

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

Date of change of Interest

26/11/2010

The change in the percentage level

From 61.71 % To 0 %

Circumstance(s) giving rise to the interest or change in interest

# Others

Sin Heng Holdings Ltd transfers its entire shareholding in Sin Heng Heavy Machinery Limited to the following beneficial owners:

(i) SEAVI Advent Equity V (C) Ltd - 178,693,200 shares (38.88%); and

(ii) TAL Holdings Pte. Ltd. - 104,946,800 shares (22.83%).

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

A transaction

Part IV

Holdings of Substantial Shareholder, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	283,640,000	0
As a percentage of issued share capital	61.71 %	0 %
No. of shares held after the change	0	0
As a percentage of issued share capital	0 %	0 %
Footnotes	The percentages are computed based on the issued share of 459,640,000 shares as at 26 November 2010. DBS Bank Ltd. is the Joint Issue Manager, Underwriter and Placement Agent and Stirling Coleman Capital Limited is the Joint Issue Manager for the Company's listing on the SGX-ST.