PART I [Please complete this
Part]
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1.
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Date
of notice to issuer:
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06/07/2004
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2.
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Name
of Substantial Shareholder:
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Ong
Kwee Eng
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3.
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Please
tick one or more appropriate box(es):
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o
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a
Directors (including a director who is a substantial shareholder)
Interest and Change in Interest.
[Please complete Parts II and IV]
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o
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a
New Substantial Shareholders Interest.
[Please complete Parts II and IV]
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a
Change in the Percentage Level of a Substantial Shareholders Interest
or Cessation of Interest.
[Please complete Parts III and IV]
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PART II
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1.
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Date
of change of interest:
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2.
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Name
of Registered Holder:
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3.
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Circumstance(s)
giving rise to the interest or change in interest:
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4.
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Information
relating to shares held in the name of the Registered Holder:-
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No.
of shares held before the change:
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As
a percentage of issued share capital:
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No.
of shares which are the subject of this notice:
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As
a percentage of issued share capital:
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Amount
of consideration (excluding brokerage and stamp duties) per share paid
or received:
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No.
of shares held after the change:
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As
a percentage of issued share capital:
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PART
III
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1.
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Date
of change of interest:
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05/07/2004
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2.
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The
change in the percentage level:
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From
40.62% to 40.563%
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3.
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Circumstance(s)
giving rise to the interest
or change in interest:
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Others
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Please
specify details:
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1) The issued and paid-up capital of Hwa
Hong Corporation Limited (Hwa Hong) of ordinary shares of $0.25 each
(the Shares) has been increased from $163,258,000 divided into
653,032,000 Shares to $163,361,000 divided into 653,444,000 Shares by
the allotment and issue of 412,000 Shares on 26 April 2004 upon the
exercise of share options.
Accordingly, the percentage level of substantial shareholding
interest of Mr Ong Kwee Eng in Hwa Hong is diluted from 40.62% to
40.594%.
2) The percentage level of substantial
shareholding interest of Mr Ong Kwee Eng was further decreased from
40.594% to 40.563% on 5 July 2004 following the sale of
200,000 Shares in the open market at $0.47 per share by Mdm Ng Siew Tin
(spouse of Mr Ong Kwee Eng) in which he is deemed to have an interest.
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4.
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A
statement of whether the change in the percentage level is the result
of a transaction or a series of transactions.
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The change in the percentage level is the
result of the abovementioned circumstances.
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PART
IV
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1.
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Holdings
of Ong Kwee Eng, including direct and deemed interest:-
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Direct
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Deemed
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No.
of shares held before the change:
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0
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265,259,020
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As
a percentage of issued share capital:
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0
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40.62
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No.
of shares held after the change:
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0
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265,059,020
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As
a percentage of issued share capital:
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0
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40.563
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