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

BackJun 16, 2009
Part I
1. Date of notice to issuer 15/06/2009
2. Name of Substantial Shareholder Ronnie 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 15/06/2009
2. The change in the percentage level From 7.85 % To 5.88 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Allotments of an aggregate of 602,777,774 new ordinary shares by mDR to Value Capital Asset Management ("VCAM") on 17 April 2009, 8 May 2009, 15 May 2009, 21 May 2009, 22 May 2009, 8 June 2009, 10 June 2009 and 15 June 2009 ("VCAM Share Allotment") as announced by mDR on SGXNet, which resulted in an increase in the total number of mDR ordinary shares ("mDR shares") from 1,801,394,418 mDR shares as at 18 March 2009 (based on mDR's 2008 Annual Report) to 2,404,172,192 mDR shares as at 15 June 2009.

Although the total number of 141,311,029 mDR shares held by Ronnie Poh (both direct & deemed) remained unchanged, the VCAM Share Allotment resulted in a decrease in Ronnie Poh's interest in mDR from 7.85% as at 18 March 2009 to 5.88% as at 15 June 2009.
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 series of allotments of a total of 602,777,774 new mDR shares by mDR to VCAM on 17 April 2009, 8 May 2009, 15 May 2009, 21 May 2009, 22 May 2009, 8 June 2009, 10 June 2009 and 15 June 2009. Ronnie Poh has no direct or 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 7.66 % 0.19 %
No. of shares held after the change 137,924,959 3,386,070
As a percentage of issued share capital 5.74 % 0.14 %