25th Jan 2006 13:38
Asian Growth Properties Limited25 January 2006 Asian Growth Properties Limited (the "Company") Significant shareholding and directors' dealing The Company received notification on 25 January 2006 that S E A Holdings Limited(S E A) is now beneficially entitled to 174,775,445 ordinary shares of US$0.05each in the Company (Ordinary Shares), which represents 80.28% of the issuedshare capital of the Company. All the Ordinary Shares beneficially owned by S E A are held through itswholly-owned subsidiary, Concord Legend Asia Group Limited. Together with the 5,444,879 Ordinary Shares held by its non-wholly ownedsubsidiary Trans Tasman Properties Limited (TTP), S E A and TTP now hold, inaggregate, 180,220,324 Ordinary Shares representing 82.79% of the issued sharecapital of the Company. As a result of the change in shareholding of S E A, Mr. Lu Wing Chi (Mr. Lu), adirector of the Company, and persons connected with him are deemed to bebeneficially interested in 19,293,553 Ordinary Shares, which represents 8.86% ofthe issued share capital of the Company. Mr. Lu is deemed interested in the saidOrdinary Shares by virtue of his 6.52% direct interest in JCS Limited (JCS) andby virtue of him being a discretionary beneficiary of a discretionary trustwhich owns 26.08% of JCS. JCS is interested in 63.58% of Nan Luen InternationalLimited which is interested in 51.65% of S E A. For more information: David Newton HB Corporate Tel: +44(0)207 510 8561 Pam Spooner / Abigail Singleton / Leesa Peters Conduit PR Tel: +44(0)207 429 6666 [email protected] / [email protected] This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
AGP.L