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Hersing Corp Ltd : NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S INTEREST

04/10/2012| 07:52am US/Eastern
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NOTICE OF A CHANGE IN THE PERCENTAGE LEVEL OF A SUBSTANTIAL SHAREHOLDER'S INTEREST *

* Asterisks denote mandatory information

Name of Announcer *

HERSING CORPORATION LTD

Company Registration No.

199706986E

Announcement submitted on behalf of

HERSING CORPORATION LTD

Announcement is submitted with respect to *

HERSING CORPORATION LTD

Announcement is submitted by *

Chng Lay Har

Designation *

Director

Date & Time of Broadcast

10-Apr-2012 17:47:15

Announcement No.

00115

>> ANNOUNCEMENT DETAILS

The details of the announcement start here ...

1.

Date of notice to issuer *

10-04-2012

2.

Name of Substantial Shareholder *

KhooChin Wah

3.

Please tick one or more appropriate box(es): *

· Noticeof a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]

1.

Date of change of [Select Option]

2.

Name of Registered Holder

3.

Circumstance(s) giving rise to the interest or change in interest

[Select Option]

# Please specify details

4.

Information relating to shares held in the name of the Registered Holder

No. of [Select Option] held before the change

As a percentage of issued share capital

%

No. of N.A. which are subject of this notice

As a percentage of issued share capital

%

Amount of consideration (excluding brokerage and stamp duties)

No. of N.A. held after the change

As a percentage of issued share capital

%

1.

Date of change of Interest

09-04-2012

2.

The change in the percentage level

From 7.91 % To 7.93 %

3.

Circumstance(s) giving rise to the interest or change in interest

Open Market Purchase

# Please specify details

Date of purchase - 9 April 2012
Quantity - 80,000 shares

Date of purchase - 10 April 2012
Quantity - 80,000 shares

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 transactions.

1.

Holdings of Substantial Shareholder , including direct and deemed interest :

Direct

Deemed

No. of shares held before the change

16,600,000

33,100,000

As a percentage of issued share capital

2.64 %

5.27 %

No. of shares held after the change

16,760,000

33,100,000

As a percentage of issued share capital

2.66 %

5.27 %

Footnotes

Breakdown of deemed interest as follows:

16,000,000 - Hong Leong Finance Nominees PteLtd
3,500,000 - MaybanNominees (S) PteLtd
8,600,000 - SBS Nominees PteLtd
5,000,000 - HSBC (S) Nominees PteLtd

The percentage of issued share capital for number of shares held is based on share capital of 628,475,216 issued shares (excluding treasury shares) as at 10 April 2012.

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