News

14 Nov 2008

NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST

NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST

* Asterisks denote mandatory information

Name of Announcer *
FUXING CHINA GROUP LIMITED
Company Registration No.
3897
Announcement submitted on behalf of
FUXING CHINA GROUP LIMITED
Announcement is submitted with respect to *
FUXING CHINA GROUP LIMITED
Announcement is submitted by *
Hong Qing Liang
Designation *
CEO and Executive Director
Date & Time of Broadcast
14-Nov-2008 19:42:47
Announcement No.
00248

ANNOUNCEMENT DETAILS

The details of the announcement start here ...
PART I
1. Date of notice to issuer *
14/11/2008
2. Name of Director *
Hong Qing Liang
3. Please tick one or more appropriate box(es): *
PART II
1. Date of change of Interest
13/11/2008
Name of Registered Holder
Hong Qing Liang
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 change
20,000,000
As a percentage of issued share capital
2.50 % 
No. of Shares which are subject of this notice
1,432,000
As a percentage of issued share capital
0.18 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received
0
No. Shares of N.A. held after the change
21,432,000
As a percentage of issued share capital
%
PART III
1. Date of change of Interest
13/11/2008
2. The change in the percentage level
from 62.50 % to 62.68 %
3. Circumstance(s) giving rise to the interest or change in interest
Open Market Purchase
# 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:
The change in the percentage level is the result of a series of transactions.
PART IV
1. Holdings of Director , including direct and deemed interest :
Direct
Deemed
No. of shares held before the change 20,000,000 480,000,000
As a percentage of issued share capital 2.50 60
No. of shares held after the change 21,432,000 480,000,000
As a percentage of issued share capital 2.68 60
Footnotes
Part II:
Amount of consideration (excluding brokerage and stamp duties) per share paid or received

350,000 shares @ S$0.06 each on 13 November 2008
1,082,000 shares @ S$0.06878 each on 14 November 2008

Deemed interest arising from Mr Hong's interest in Hong's Holding Private Limited


Note:

SAC Capital Private Limited was the issue manager for the initial public offer of Fuxing China Group Limited (the "Company"). This announcement has been prepared and released by the Company.
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