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Notice Of Cessation Of Substantial Shareholding

Back Jun 14, 2006

>> PART I

1. Date of notice to issuer * 14-06-2006

2. Name of Substantial Shareholder * Lee Seng Choon

3.	Please tick one or more appropriate box(es): *
	Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]

>> PART II

1. Date of change of [Select Option]

2. Name of Registered Holder

3. Circumstance(s) giving rise to the interest or change in interest [Select Option]

# Please specify details

4. Information relating to shares held in the name of the Registered Holder

No. of [Select Option] held before the change
As a percentage of issued share capital	%

No. of N.A. which are subject of this notice
As a percentage of issued share capital	%

Amount of consideration (excluding brokerage and stamp duties) per share paid or received

No. of N.A. held after the change
As a percentage of issued share capital	%

>> PART III

1. Date of change of Interest 14-06-2006

2. The change in the percentage level From 13.40 % To 3.60 %

3. Circumstance(s) giving rise to the interest or change in interest Transfer From/To Immediate Family

# Please specify details

Transfer of shares as a gift to his son, Mr Clement Lee Shieh-Peen, a Director of the Company.

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

1.	Holdings of Substantial Shareholder , including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	82,038,000	0
As a percentage of issued share capital	13.40 %	0 %
No. of shares held after the change	22,038,000	0
As a percentage of issued share capital	3.60 %	0 %

Footnotes

The percentages are computed based on 612,000,000 issued shares as at 14 June 2006.