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Notice Of Cessation Of Substantial Shareholding

BackJul 07, 2009
Part I
1. Date of notice to issuer 06/07/2009
2. Name of Substantial Shareholder CWT Limited
3. Notice Type Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1. Date of change of Interest 06/07/2009
2. The change in the percentage level From 5.65 % To 4.90 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Distribution in specie of all 20 million CIT units held by Jurong Districentre Pte Limited, a wholly-owned subsidiary of CWT Limited. After the distribution, CWT's direct interest will be increased to 39 million units representing approx 4.90% of the total issued units of CIT.
4. A statement of whether the change in the percentage level is the result of a transaction or a series of transactions: The change on the percentage level is the result of a transaction.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 25,000,000 20,000,000
As a percentage of issued share capital 3.14 % 2.51 %
No. of shares held after the change 39,000,000 0
As a percentage of issued share capital 4.90 % 0 %