VELO Velosi

 

TIDMVELO 
 
RNS Number : 0281M 
Velosi Limited 
17 May 2010 
 

 
 
                    Velosi Limited ("Velosi" or the "Group") 
 
                              Holdings in Company 
 
Velosi has been notified that on 13 May 2010, Velosi (M) SDN BHD ("Velosi (M)") 
transferred its entire holding of 6,956,955 ordinary shares of US0.02 each in 
Velosi ("Ordinary Shares") to Axzar Investment Limited ("Axzar").  Following the 
transfer, Axzar is now interested in 8,575,632 Ordinary Shares representing 
approximately 17.72% of the Company's issued ordinary share capital and Velosi 
(M) no longer has an interest in the Ordinary Shares.  Velosi has been notified 
that there has been no change in the beneficial holdings with Axzar holding the 
Ordinary Shares for the benefit of Mohamed Ashari Bin Abas and Dato Mohd Jai Bin 
Suboh. 
 
For further information, please contact: 
 
+----------------------+-----------------------+-----------------------+ 
| Velosi Limited       | Dr Nabil Abdul Jalil  |         020 7930 0777 | 
|                      | Dan Ooi               |                       | 
+----------------------+-----------------------+-----------------------+ 
|                      |                       |                       | 
+----------------------+-----------------------+-----------------------+ 
| Strand Hanson        | James Harris          |         020 7409 3494 | 
| Limited              | Richard Tulloch       |                       | 
+----------------------+-----------------------+-----------------------+ 
|                      |                       |                       | 
+----------------------+-----------------------+-----------------------+ 
| Charles Stanley      | Mark Taylor           |         020 7149 6000 | 
| Securities           |                       |                       | 
+----------------------+-----------------------+-----------------------+ 
|                      |                       |                       | 
+----------------------+-----------------------+-----------------------+ 
| Cardew Group         | Tim Robertson         |         020 7930 0777 | 
|                      | Catherine Maitland    |                       | 
+----------------------+-----------------------+-----------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLKDLBFBEFLBBK 
 

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