Shareholdings

AS AT 24 FEBRUARY 2012

Distribution of Shareholdings as at 24 February 2012

Percentage of shareholdings in the hands of public (Public Float)

As at 24 February 2012, approximately 23.47% of the Company's shares are held in the hands of public. Accordingly, the Company has complied with Rule 723 of the Listing Manual of the Singapore Exchange Securities Trading Limited.

Twenty Largest Shareholders
List of 20 Largest Shareholders as at 24 February 2012

# The number of shares does not include 180,000 shares bought on 22 February 2012 which were not credited to his accounts as at 24 February 2012.

Substantial shareholders as shown in the Register of Substantial Shareholders as at 24 February 2012

Note:

1. Kian Lam Investment Pte Ltd ("Kian Lam") holds more than 50% of the issued share capital of Sen Lee Development Private Limited ("Sen Lee") and is deemed to be interested in the shares of the Company held by Sen Lee.
2. Teo Hong Lim holds more than 20% of the issued share capital of Kian Lam. In this respect, pursuant to Section 7 of the Companies Act, Cap. 50, Teo Hong Lim is deemed to be interested in the shares of the Company held by Kian Lam and Sen Lee.
3. 1,600,000 shares held by Teo Hong Lim are registered in the name of a nominee.
4. Sutantio is the husband of Tjandrawati. Each of them is deemed to be interested in the shares held by each other.