QAF LIMITED

(Company Registration No. 1958000350)

DISCLOSURE OF INTEREST/CHANGES IN INTEREST OF DIRECTOR/CHIEF EXECUTIVE OFFICER

* Asterisks denote mandatory information

Name of Announcer *

QAF LTD

Company Registration No.

1958000350

Announcement submitted on behalf of

QAF LTD

Announcement is submitted with respect to *

QAF LTD

Announcement is submitted by*

Lee Woan Ling

Designation *

Company Secretary

Date & Time of Broadcast

23-Jan-201417:12:30

Announcement No.

00067

l » ANNOUNCEMENT DETAILS


The details of the announcement star! here ...

Person(s) giving notice* Director/Chief Executive Officer who may also be a substantial shareholder/unitholder (Form 1)

Date of receipt of notice by Listed 22/01/2014 lssuer *

Attachments FORM1_DD.pdf

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SECURITIES ANO FUTURES ACT (CAP. 289) SECURITIES ANO FUTURES (DISCLOSURE OF INTERESTS) REGULATIONS 2012

NOTIFICATION FORM FOR DIRECTORICHIEF EXECUTIVE OFFICER

FORM 1

IN RESPECT OF INTERESTS IN SECURITIES (Eiectronic Format)


Explanatory Notes

1. Please read the explanatory notes carefully before completing this notifìcation form.
2. This form is fora Director/Chief Executive Offìcer (''CEO") to give notice of his interests in the securities of the Listed lssuer under section 133, 137N or 137Y of the Securities and Futures Act (Cap. 289) (the "SFA"). Please note that the requirement to disclose interests in participatory interests applies onlyto a director and where the Listed lssuer is a Singapore-incorporated company.
3. This electronic Form 1 and a separate Form C, containing the particulars and contact details of the Director/GEO, must be completed by the Director/GEO or a person duly authorised by him to do so. The person so authorised should maintain records of information furnished to him by the Director/CEO.
4. This form and Form C, are to be completed electronically and sent to the Listed lssuer via an electronic medium such as an e-mail attachment. The Listed lssuer will attach both forms to the prescribed SGXNet announcement template for dissemination as required under section 137G(1), 137R(1) or 137ZC(1) of the SFA, as the case may be. While Form C will be attached to the announcement template, it will not be disseminated to the public and is made available only to the Monetary Authority of Singapore (the "Authority").
5. A single form may be used by a Director/GEO for more than one transaction resulting in notifìable obligations which occur within the same notifìable period (i.e. within two business days of/of becoming aware of, the earliest transaction). There must be no netting-off of two or more notifìable transactions even if they occur within the same day.
6. Ali applicable parts of the notifìcation form must be completed. lf there is insuffìcient space for your answers, please include attachment(s) by clicking on the paper clip icon on the bottom left-hand corner or in item 3 of Part Il or item 1O of Part Ili. The total file size forali attachment(s) should not exceed 1MB.
7. Except for item 4 of Part 111, please select only one option from the relevant check boxes.
8. Please note that submission of any false or misleading information is an offence under Part VII of the SFA.
9. In this form, the term "Listed lssuer" refers to-
(a) a company incorporated in Singapore any or ali of the shares in which are listed for quotation on the offìcial list of a securities exchange;

(b) a corporation (not being a company incorporated in Singapore, or a collective investment scheme constituted as a corporation) any or ali of the shares in which are listed for quotation on the offìciallist of a securities exchange, such listing being a primary listing;
(c) a registered business trust (as defìned in the Business Trusts Act (Cap. 31A)) any or ali of the units in which are listed for quotation on the official list of a securities exchange;
(d) a recognised business trust any or ali of the units in which are listed for quotation on the offìcial list of a securities exchange, such listing being a primary listing; or
(e) a collective investment scheme that is a trust, that invests primarily in real estate and real estate­ related assets specifìed by the Authority in the Code on Collective lnvestment Schemes, and any or ali the units in which are listed for quotation on the offìcial list of a securities exchange, such listing being a primary listing (''Real Estate lnvestment Trust").
10. For further instructions and guidance on how to complete this notifìcation form, please referto section 6 of the User Guide on Electronic Notifìcation Forms which can be accessed at the Authority ' s Internet website at http://www.mas.gov .sg (under "Regulations and Financial Stability'', "Regulations, Guidance and Licensing", "Securities, Futures and Fund Management", "Forms", "Disclosure of lnterests").

1. Name of Listed lssuer:

joAF Limited

Part l - Generai

2. Type of Listed lssuer:

[{] Company/Corporation

D Registered/Recognised Business Trust

D Real Estate lnvestment Trust

3. Name of Director/GEO:

joidi Dawis

4. ls the Director/GEO also a substantial shareholder/unitholder of the Listed lssuer?

[{] Yes

D No

5. ls the Director/GEO notifying in respect of his interests in securities of, or made available by, the Listed lssuer at the time of his appointment?

D Yes (Piease proceed to complete Part Il)

[{] No (Piease proceed to complete Part 111)

6. Date of notification to Listed lssuer:

jn- Jan-2014



Part 111- For an incumbent Director/GEO giving notice of an acquisition of, or

a change in his interest in, securities of or made available by the Listed lssuer

Transaction A O

1. Date of acquisition of or change in interest:

125-Jun-2013

2. Date on which Director/GEO became aware of the acquisition of, or change in, interest O

(ìf different from item 1 above, p/ease specify the date):

121-Jan-2014

3. Explanation (ìf the date of becoming aware is different from the date of acquisition of, or change in, interest):

As a result of miscommunication in the serip dividends opted by the mortgagee bank which holds the QAF Shares beneficially owned by Denonshire Group Limited (a corporation wholly owned by the Director) in respect of the final dividend of 4 cents per share declared by QAF Ltd for financial year ended 31 December 2012.

4. Type of securities which are the subject of the transaction (more than one option may be chosen):

0 Ordinary voting shares/units of Listed lssuer

D Other types of shares/units (excluding ordinary voting shares/units) of Listed lssuer

D Rights/Optians/Warrants aver shares/units af Listed lssuer

D Debentures af Listed lssuer

D Rights/Optians aver debentures af Listed lssuer

Cantracts aver shares af the Listed lssuer which Director/CEO is a party to, or under which he is

D entitled ta a benefit, being contracts under which any person has a right to cali far or to make

delivery of shares in the Listed lssuer

D Participatary interests made available by Listed lssuer

D Others (please specify):

5. Number of shares, units, rights, options, warrants, participatory interests and/or principal amount/value of debentures or contracts acquired or disposed of by Director/GEO:

J2,057,046 ordinary voting shares

6. Amount of consideration paid or received by Director/GEO (excluding brokerage and stamp duties):

S$0.891

7. Circumstance giving rise to the interest or change in interest:

Acquisition of:

D Securities via market transaction

D Securities via off-market transaction (e.g. married deals)

D Securities via physical settlement of derivatives or other securities

D Securities pursuant to rights issue

D Securities via a placement

D Securities following conversion/exercise of rights, options, warrants or other convertibles

Disposal of:

D Securities via market transaction

D Securities via off-market transaction (e.g. married deals)

Other circumstances :

D Acceptance of employee share options/share awards

D Vesting of share awards

D Exercise of employee share options

D Acceptance of take-over offer for Listed lssuer

[Z] Corporate action by Listed lssuer (please specify):

Receipt of serip dividend in lieu of cash pursuant to the QAF Limited Serip Dividend in respect of the final dividend of 4 cents per share declared far the financial year ended 31 December 2012.

D Others (please specify):

8. Quantum of interests in securities held by Director/GEO before and after the transaction.

Please complete relevant table(s) below (forexampte, Tabte 1 should be completed ifthe change retates to ordinary voting shares of the Listed /ssuer; Tab/e 4 shou/d be completed if the change relates to debentures):

Table 1. Change in respect of ordinary voting shares/units of Listed lssuer

No. of ordinary voting shares/units held:

o 45,820,712 45,820,712

As a percentage of total no. of ordinary voting shares/units: 0

o 8.39

8.39

o

No. of ordinary voting shares/units held:

47,877,758

47,877,758


As a percentage of total no. of ordinary voting shares/units: 0

o

8.77

8.77

9. Circumstances giving rise to deemed interests (if the interest is such):

[You may attach a chart(s) in item 10 to illustrate how the Director/CEO's deemed interest, as

set out in item 8 tab/es 1 to 8, arises]

Mr Didi Dawis is deemed to have an interest in shares of QAF Limited held by Denonshire Group Limited pursuant to Section 7 ofthe Companies Act.

1O. Attachments (if any): O

# (The total file size forali attachment(s) should not exceed 1MB.)

11. lf this is an amendment of an earlier notification, please provide:

(a) 5-digit SGXNet announcement number of the firstnotification which was announced on

SGXNet (the "lnitial Announcement'l

[ o[o[o[4 [ 81

(b) Date of the lnitial Announcement:

126-Jun-2013

(c) 15-digit transaction reference number of the relevant transaction in the Form 1 which was attached in the lnitial Announcement:

12. Remarks (if any):

Percentage immediately before and after the transaction was calculated based on the Company's issued number of ordinary shares as at 26 June 2013.

Transaction Reference Number (auto-generated):

[ 3 [ 4 [ 2 [ 1[ 9 [ 9 [ 6 [ 4 [ 1[ s [ 4 [ 3 [ 9 [ s [ s [

ltem 13 is to be completed by an individua/ submitting this notification form on behalf of the Director/GEO.

13. Particulars of Individuai submitting this notification form to the Listed lssuer: (a) Name of Individuai:


(b) Designation (if applicable):

(c) Name of entity (if applicable):

FORM Il[ Version 1 O ]/Effective Dale [ 19 November 2012] Page 6 of 6

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