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Home Newsroom Financial News 04 Aug 11 - Notice of a Change in the Percentage Level of Substantial Shareholder's Interest or Cessation of Interest

NOTICE OF INTEREST/CHANGES IN INTEREST

NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING *

* Asterisks denote mandatory information *

Name of Announcer * EU YAN SANG INTERNATIONAL LTD
Company Registration No. 199302179H
Announcement submitted on behalf of EU YAN SANG INTERNATIONAL LTD
Announcement is submitted with
respect to *
EU YAN SANG INTERNATIONAL LTD
Announcement is submitted by * Danny Heng Hang Siong
Designation * Chief Financial Officer & Company Secretary
Date & Time of Broadcast 04-Aug-2011 18:07:27
Announcement No. 00129

Announcement Details

PART I

Date of notice to issuer * 01-08-2011
Name of Substantial Shareholder * HSBC Bank plc

PART II

Date of change of Interest 31-07-2011
Name of Registered Holder Bestand Development Corp.
Circumstance(s) giving rise to the interest or change in interest

 

United Partner Investment Limited (BVI) (“UPIL”) which directly owns the Company shares, is wholly-owned by Deluxe Assets Holdings Limited (BVI). HSBC International Trustee Limited (“HKIT”) is the trustee of a trust that owns 100% of Deluxe Assets Holdings Limited (BVI) that has an indirect interest in the shares of the Company. HKIT is thus deemed to have an interest in the shares of the Company.

HSBC Bank plc substantially (94.9%) owns HSBC Europe (Netherlands) BV, which wholly owns HSBC Private Banking Holdings (Suisse) SA (“HPBH”). As a result of a transfer by HSBC Bank Bermuda Limited of all its shares in HSBC International Trustee Limited to HPBH, HSBC Bank plc is now deemed to be a substantial shareholder of the Company.

HPBH is a wholly-owned subsidiary of HSBC Europe (Netherlands) BV, which is substantially owned (94.9%) by HSBC Bank plc which is a wholly-owned subsidiary of HSBC Holdings plc.

 


Information relating to shares held in the name of the Registered Holder:
No. of Shares held before the change 0
As a percentage of issued share capital 0 %
No. of Shares which are subject of this notice 38,717,160
As a percentage of issued share capital 8.769 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0
No. of Shares held after the change 38,717,160
As a percentage of issued share capital 8.769 %


PART IV

Holdings of Substantial Shareholder , including direct and deemed interest :

Direct
Deemed
No. of shares held before the change 0 0
As a percentage of issued share capital 0 % 0 %
No. of shares held after the change 0 38,717,160
As a percentage of issued share capital 0 % 8.769 %


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