NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST *
* Asterisks denote mandatory information
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1.
Date of notice to issuer *
27-07-2011
2.
Name of Director *
Wee Ee Chao
3.
Please tick one or more appropriate box(es): *
Notice of a Director's (including a director who is a substantial shareholder) Interest and Change in Interest. [Please complete Part II and IV]
1.
Date of change of Deemed Interest
26-07-2011
2.
Name of Registered Holder
U.I.P. Holdings Limited
3.
Circumstance(s) giving rise to the interest or change in interest
Open Market Purchase
# Please specify details
4.
Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change118,143,976 As a percentage of issued share capital16.30 % No. of Shares which are subject of this notice58,000 As a percentage of issued share capital0.008 % Amount of consideration (excluding brokerage and stamp duties) per share paid or received1.64 No. of Shares held after the change118,201,976 As a percentage of issued share capital16.31 %
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
146,194,976
As a percentage of issued share capital
0 %
20.17 %
No. of shares held after the change
0
146,252,976
As a percentage of issued share capital
0 %
20.18 %
Footnotes
118,201,976 - registered in name of U.I.P. Holdings Limited
28,051,000 - registered in name of UOB Kay Hian Pte Ltd - KIP Inc
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.
AVARGA LIMITED 
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