| Part I |
| 1. |
Date of notice to issuer |
20/10/2010 |
| 2. |
Name of Substantial Shareholder |
Viking Offshore and Marine 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 |
20/10/2010 |
| 2. |
The change in the percentage level |
From 12.21 % To 11.19 % |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
# Others
Dilution of percentage level of shareholding as a result of increase in issued and fully paid-up share capital of the Company from 437,596,000 to 477,596,000 ordinary shares, consequent upon the issue of 40,000,000 new ordinary shares. |
| 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 transaction. |
| Part IV |
| 1. |
Holdings of Substantial Shareholder, including direct and deemed interest : |
| |
| |
Direct |
Deemed |
| No. of shares held before the change |
38,421,367 |
15,000,000 |
| As a percentage of issued share capital |
8.78 % |
3.43 % |
| No. of shares held after the change |
10,421,367 |
43,000,000 |
| As a percentage of issued share capital |
2.18 % |
9.01 % |
| Footnotes |
(1) Viking Offshore and Marine Limited ("VOML") is the beneficial owner of the 53,421,367 shares in United Envirotech Limited ("UEL"). Of the total shares, 10,421,367 shares are registered in the name of VOML and the remaining 43,000,000 shares registered and held through UOB Nominees Pte Ltd. For purposes of classification, shares that are held through nominees are classified as deemed interest. Notwithstanding the share registration, VOML continued to be the beneficial owner of all the 53,421,367 shares in UEL. There is no change in the number of shares held by VOML as beneficial owner.
(2) The percentage for issued Share Capital before the change is computed based on the existing issued Share Capital of 437,596,000 ordinary shares (excluding treasury shares). The percentage for issued Share Capital after the change is computed based on the enlarged Share Capital of 477,596,000 ordinary shares (excluding treasury shares) upon the issuance of 40,000,000 new ordinary shares in the share capital of the Company pursuant to Company's Taiwan Depository Receipts issue.
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