Substantial Shareholder Notice

Notification of Interest by Substantial Shareholder

Sections 135, 136 and 137 of the Securities & Futures Act (“SFA”) require a substantial shareholder of a corporation to notify the corporation of his/her interest or change in interest in the voting shares in the corporation.

A substantial shareholder is defined as one who has an interest (or interests) in the voting shares in the corporation that is not less than 5% of the total voting shares in the corporation.

Such notification must be made within two (2) business days of the substantial shareholder becoming aware:

  1. that he/she has become a substantial shareholder pursuant to Section 135 of the SFA;
  2. of a change in the percentage level of his interest pursuant to Section 136 of the SFA; or
  3. that he/she has ceased to be a substantial shareholder pursuant to Section 137 of the SFA.

The notification must be made using Form 3 (Notification Form for Substantial Shareholder(s)/Unitholder(s) in respect of interests in Securities) and Form C (particulars and contact details forms) prescribed by the Monetary Authority of Singapore (“MAS”).

Please note that both forms are available in electronic and non-electronic format and may be downloaded from the MAS’ website. As only the electronic format of the notification forms may be disseminated by the corporation to the securities market to the Singapore Exchange Securities Trading Limited (“SGX-ST”) via SGXNet, substantial shareholders are requested to furnish any notice using the electronic format of the notification forms. The completed electronic forms should be sent as email attachments to the corporation.

If you:

  1. have become a new substantial shareholder of Food Empire Holdings Limited (the “Company”);
  2. have become aware of a change in the percentage level of your substantial shareholding interest in the Company; or
  3. have become aware that you have ceased to be a substantial shareholder of the Company,

please complete the electronic forms referred above and email them to us at shareholders@foodempire.com.

The Company is required to release an announcement to the SGX-ST as soon as practicable and in any case, no later than the end of the business day following the day on which the Company received the Form 3.

Important Note:
Failure to comply with the statutory requirements of SFA, you can be prosecuted by the MAS. You may consult your lawyer to advise you on the disclosure obligations of a substantial shareholder.