Information relating to shares held in the name of the
Registered Holder
No. of Shares held before the change28,537,000 As
a percentage of issued share capital3.93 %
No. of Shares which are subject of this notice
14,000
As a percentage of issued share capital
0.0019 %
Amount of consideration (excluding brokerage and
stamp duties) per share paid or received
0
No. of Shares held after the change
28,551,000
As a percentage of issued share capital
3.93 %
1.
Date of change of [Select Option]
2.
The change in the percentage level
From % To %
3.
Circumstance(s) giving rise to the interest or change
in interest
[Select Option]
# Please specify details
4.
A statement of whether the change in the percentage
level is the result of a transaction or a series of
transactions:
1.
Holdings of Director , including direct and deemed
interest :
Direct
Deemed
No. of shares held before the change
0
148,133,976
As a percentage of issued share capital
0 %
20.44 %
No. of shares held after the change
0
148,147,976
As a percentage of issued share capital
0 %
20.44 %
Footnotes
119,596,976 - registered in name of U.I.P. Holdings
Limited
28,551,000 - registered in name of UOB Kay Hian Pte Ltd
- KIP Inc
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Avarga Limited is a Singapore-based investment holding company. The Company is engaged in the trading of paper products, investment holding and providing management services. Its business segments include Paper Mill, Power Plant, Building Products and Others. The Paper Mill segment manufactures and sells industrial grade paper products, and collect and trades in wastepaper products. The Power Plant segment operates a 50 megawatt (MW) gas-fired generating plant in Yangon, Myanmar. The Building Products segment is engaged in the wholesale distribution of building products in Canada, United States and overseas. The Company operates in approximately five countries: Singapore, Canada, United States of America, Malaysia and Myanmar. Its subsidiaries include UPP Industries Pte. Ltd., UPP Greentech Pte. Ltd. and Avarga Investment Pte. Ltd.