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Derek Fung Yue Tak, ED of Willie (0273) bought Sansar's 19.64% stake in Tack Fat (0928)

Disclosure of interest, 19-Jul-2011

The purchase price was $0.40 per share, which is twice the price at which Shen Dong acquired 29.5% from Mr Kwok Wing. The purchaser is an ED of Willie, the Chairman of which is Henry Chuang Yueheng, the son of Ms Joan Huang Min Chuan. She is the sole beneficiary of the Investor in the Tack Fat restructuring. Another son, Eugene Chuang Yue-chien, is the sole director of the Investor.

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