NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS
A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN
INTEREST *
* Asterisks denote mandatory
information
>> ANNOUNCEMENT DETAILS
The details of the announcement start here
...
1.
Date of notice to issuer *
28-03-2012
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
26-03-2012
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
26.03.2012 - bought 381,000 @ $1.68402 per share
27.03.2012 - bought 38,000 @ $1.685 per share
4.
Information relating to shares held in the name of the
Registered Holder
No. of Shares held before the change119,676,976
As a percentage of issued share capital16.51 %
No. of Shares which are subject of this notice
419,000
As a percentage of issued share capital
0.058 %
Amount of consideration (excluding brokerage and
stamp duties) per share paid or received
0
No. of Shares held after the change
120,095,976
As a percentage of issued share capital
16.57 %
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
149,007,976
As a percentage of issued share capital
0 %
20.56 %
No. of shares held after the change
0
149,426,976
As a percentage of issued share capital
0 %
20.62 %
Footnotes
120,095,976 - registered in name of U.I.P. Holdings
Limited
29,331,000 - registered in name of UOB Kay Hian Pte Ltd
- KIP Inc
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This press release was issued by United Pulp & Paper Company Ltd. and was initially posted at http://ir.chartnexus.com/uobkh/onenew.php?id=22325&type=Announcement . It was distributed, unedited and unaltered, by noodls on 2012-03-28 23:34:25 PM. The issuer is solely responsible for the accuracy of the information contained therein.
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.