Notice Of Cessation Of Substantial Shareholding

BackOct 26, 2010
Part I
1. Date of notice to issuer 26/10/2010
2. Name of Substantial Shareholder POH TIAN PENG
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 5.1 % To 4.1 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Allotments of the aggregate of 711,111,110 new ordinary shares by mDR Limited ("mDR") to Value Capital Asset Management Private Limited on 23 March 2010, 23 April 2010, 5 May 2010, 18 May 2010, 8 October 2010, 11 October 2010 and 20 October 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 2,737,505,525 shares as at 19 March 2010 (based on mDR's 2009 Annual Report) to 3,448,616,635 shares as at 20 October 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 711,111,110 new mDR shares by mDR to VCAM on 23 March 2010, 23 April 2010, 5 May 2010, 18 May 2010, 8 October 2010, 11 October 2010 and 20 October 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 137,924,959 3,386,070
As a percentage of issued share capital 5.0 % 0.1 %
No. of shares held after the change 137,924,959 3,386,070
As a percentage of issued share capital 4.0 % 0.1 %