News

02 Aug 2010

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.
38973
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 *
Executive Chairman and CEO
Date & Time of Broadcast
02-Aug-2010 17:28:27
Announcement No.
00084

ANNOUNCEMENT DETAILS

The details of the announcement start here ...
PART I
1. Date of notice to issuer *
30/07/2010
2. Name of Director *
Hong Qing Liang
3. Please tick one or more appropriate box(es): *
PART II
1. Date of change of Interest
30/07/2010
Name of Registered Holder
Hong Qing Liang
3. Circumstance(s) giving rise to the interest or change in interest
# Others
# Please specify details
Transfer of 70% shares in Hongs Holdings Private Limited (HHPL) from Hung Wo Chiu to Hong Qing Liang (no change in deemed interest but change in effective interest). Hong Qing Liang now owns 100% of HHPL, which holds 480 million shares in Fuxing China Group Limited.
4. Information relating to shares held in the name of the Registered Holder
No. of Shares held before the change
503,432,000
As a percentage of issued share capital
60.97 % 
No. of Shares which are subject of this notice
480,000,000
As a percentage of issued share capital
58.13 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received
0
No. Shares of N.A. held after the change
503,432,000
As a percentage of issued share capital
%
PART III
1. Date of change of
2. The change in the percentage level
from % to %
3. Circumstance(s) giving rise to the interest or change in interest
# 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:
PART IV
1. Holdings of Director , including direct and deemed interest :
Direct
Deemed
No. of shares held before the change 23,432,000 480,000,000
As a percentage of issued share capital 2.84 58.13
No. of shares held after the change 23,432,000 480,000,000
As a percentage of issued share capital 2.84 58.13
Footnotes
No change in direct and deemed interests but change in effective interest held in HHPL. Hong Qing Liang now owns 100% of HHPL.

Shareholding percentage is based on the Companys total issued share capital (excluding treasury shares) of 825,718,000 ordinary shares.
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