Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

BackNov 29, 2010
Part I
1. Date of notice to issuer 26/11/2010
2. Name of Substantial Shareholder TAN HOR THYE
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 24/11/2010
2. The change in the percentage level From 5.8 % To 5.6 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Allotments of the aggregate of 111,111,111 new ordinary shares by mDR Limited ("mDR") to Value Capital Asset Management Private Limited on 19 November 2010, 22 November and 24 November 2010 ("VCAM Share Allotment") as announced by mDR on SGXNet, which resulted in an increase in the total number of mDR issued ordinary shares in the share capital of mDR ("mDR shares") from 3,515,283,301 shares as at 8 November 2010 to 3,626,394,411 shares as at 24 November 2010.
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 percentage level is a result of a series of allotments of a total of 111,111,111 new mDR shares by mDR to VCAM on 19 November 2010, 22 November 2010 and 24 November 2010. I have no direct nor indirect interest in the VCAM Share Allotment.
Part IV
1. Holdings of Substantial Shareholder, including direct and deemed interest :
 
  Direct Deemed
No. of shares held before the change 201,092,337 3,386,070
As a percentage of issued share capital 5.7 % 0.1 %
No. of shares held after the change 201,092,337 3,386,070
As a percentage of issued share capital 5.5 % 0.1 %