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As at 16 March 2009

Shareholders Distribution

Size of Shareholdings No. of Shareholders % No. of Shares %
1 – 999 6,990 63.60 1,859,844 0.19
1,000 – 10,000 1,361 12.38 4,138,791 0.42
10,001 – 1,000,000 2,570 23.38 306,228,287 31.11
1,000,001 and above 70 0.64 672,080,079 68.28
Total: 10,991 100.00 984,307,001 100.00

Twenty Largest Shareholders

No. of Ordinary shares
No. Name No. of Shares %
1 Citibank Nominees Singapore Pte Ltd 125,184,178 12.72
2 Phillip Securities Pte Ltd 66,295,626 6.74
3 OCBC Securities Private Limited 63,007,020 6.40
4 CIMB-GK Securities Pte Ltd 52,566,035 5.34
5 DMG & Partners Securities Pte Ltd 24,852,000 2.53
6 Raffles Nominees Pte Ltd 23,700,000 2.41
7 United Overseas Bank Nominees Pte Ltd 22,378,770 2.27
8 Phuah Bee Lee 20,000,000 2.03
9 UOB Kay Hian Pte Ltd 17,347,040 1.76
10 DB Nominees (S) Pte Ltd 14,000,000 1.42
11 Chow Cheng Peng 13,000,000 1.32
12 DBS Vickers Securities (S) Pte Ltd 12,943,633 1.32
13 Mark Kok Khiong 11,239,000 1.14
14 Wan Lai Ting 10,062,000 1.02
15 Koh Ah Luan 10,000,000 1.02
16 Yeo Liang Teck 9,900,000 1.01
17 Ivie Peh Sher Ngim 9,861,000 1.00
18 Kim Eng Securities Pte Ltd 8,995,294 0.91
19 DBS Nominees Pte Ltd 8,645,460 0.88
20 Bulkships Asia Pte Ltd 8,200,000 0.83
  Total: 532,177,056 54.07

Substantial Shareholders

Substantial Shareholders of the Company (as recorded in the Register of Substantial Shareholders) as at 16 March 2009.

No. of Ordinary shares
Name Direct Interest % Indirect Interest %
Liu Yi Feng, Kevin(1) 50,000,000 5.08 - -
Hong Kong Fibercom Co., Ltd(1) - - 50,000,000 5.08
Chow Tat Ming, Henry((2) 64,162,000 6.52 15,771,000 1.60
Wan Lai Ting(2) 15,771,000 1.60 64,162,000 6.52
Grande Pacific Limited(3) 98,966,678 10.05 - -
Jonathan Lim Keng Hock(3) 1,518,000 0.15 98,966,678 10.05


Notes:
(1) Liu Yi Feng Kevin holds 50,000,000 shares in trust for Hong Kong Fibercom Co., Ltd.
(2) The 64,162,000 shares are registered in the name of Phillips Securities Pte Ltd. Mr Chow Tat Ming, Henry is deemed to have an interest in the shareholding of Ms Wan Lai Ting and vice versa by virtue of their relationship as husband and wife.
(3) Jonathan Lim Keng Hock is deemed to be interested in the 98,966,678 shares held by Grande Pacific Limited.

Free Float

As at 16 March 2009, approximately 76.55% of the issued ordinary shares of the Company was held in the hands of the public (on the basis of information available to the Company).

Accordingly, the Company has complied with Rule 723 of the Listing Manual, Section B, Rules of Catalist of the Singapore Exchange Securities Trading Limited.