GKE CORPORATION LIMITED (Formerly known as Van der Horst Energy Limited)

Registration No. 200001941G

INCREASE IN SHARE CAPITAL OF SUBSIDIARY


The Board of Directors of GKE Corporation Limited ("the Company", and together with its subsidiaries, the "Group") wishes to announce that the Company's 65% owned subsidiary, Van der Horst Logistics Limited ("VDHLL") has increased the par value of the shares in its capital from US$90 per share to US$130 per share. Accordingly the shareholders of VDHLL, including the Company, have injected a further US$40 for each share currently held by the respective shareholders. As the Company currently holds 32,500 ordinary shares in the capital of VDHLL, the Company has injected a sum of US$1,300,000 into the issued and paid up share capital of VDHLL. The percentage shareholding of the respective shareholders in VDHLL remains unchanged.
The proceeds from the capital injection will be utilised by VDHLL for further capital injection in its wholly owned subsidiary, Van der Horst (Shanghai) Logistics., Ltd..
The above transaction will be funded through internal sources and is not expected to have any material impact on the consolidated net tangible assets or earnings per share of the Group for the current financial year.
None of the Directors or substantial shareholders of the Company has any interest, direct or indirect, in the above transaction.
BY ORDER OF THE BOARD Neo Cheow Hui
Chief Executive Officer and Executive Director
3 October 2012

This announcement has been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The details of the contact person for the Sponsor is:-
Name: Mr Wong Chee Meng Lawrence (Registered Professional, RHT Capital Pte. Ltd.) Address: Six Battery Road, #10-01, Singapore 049909
Tel: 6381 6757

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