Asian Growth Properties Limited
20 January 2006
Asian Growth Properties Limited (the 'Company')
Significant shareholding and directors' dealing
The Company received notification on 19 January 2006 that S E A Holdings Limited
(S E A) is now beneficially entitled to 159,815,903 ordinary shares of US$0.05
each in the Company (Ordinary Shares), which represents 73.41% of the issued
share capital of the Company.
All the Ordinary Shares beneficially owned by S E A are held through its
wholly-owned subsidiary, Concord Legend Asia Group Limited.
Together with the 5,444,879 Ordinary Shares held by its non-wholly owned
subsidiary Trans Tasman Properties Limited (TTP), S E A and TTP now hold, in
aggregate, 165,260,782 Ordinary Shares representing 75.91% of the issued share
capital of the Company.
As a result of the change in shareholding of S E A, Mr. Lu Wing Chi (Mr. Lu), a
director of the Company, and persons connected with him are deemed to be
beneficially interested in 17,692,054 Ordinary Shares, which represents 8.13% of
the issued share capital of the Company. Mr. Lu is deemed interested in the said
Ordinary Shares by virtue of his 6.52% direct interest in JCS Limited (JCS) and
by virtue of him being a discretionary beneficiary of a discretionary trust
which owns 26.08% of JCS. JCS is interested in 63.58% of Nan Luen International
Limited which is interested in 51.65% of S E A.
For more information:
Tel: +44(0)207 510 8561
Pam Spooner / Abigail Singleton / Leesa Peters
Tel: +44(0)207 429 6666
firstname.lastname@example.org / email@example.com
This information is provided by RNS
The company news service from the London Stock Exchange