AUDALIA RESOURCES LIMITED — Major Shareholding Notification 2016

Sep 27, 2016

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001

Section 671B

Notice of change of interests of substantial shareholder

To: Company name/ Scheme		AUDALIA RESOURCES LIMITED
ACN/ ARSN		146 035 690
1. Details of substantial holder (1)
Name		SIEW SWAN ONG
ACN/ ARSN (if applicable)
There was a change in the interests of the substantial holder on		28 SEPTEMBER 2016
The previous notice was given to the company		15 AUGUST 2016
on
The previous notice was dated on		15 AUGUST 2016
2. Previous and present voting power
The total number of votes attached to all the voting shares in the company or voting interests in the scheme			that the substantial holder or an associate (2) had a relevant
interest (3) in when last required, and when now		required, to give a substantial holding notice to the company or scheme, are as follows:
Class of securities (4)		Previousnotice	PresentNotice

Class of securities (4)	Class of securities (4)	Class of securities (4)				Previousnotice			PresentNotice	PresentNotice	PresentNotice
				Person’s votes VotingPower(5)					Person’s votes		VotingPower(5)
FULLY PAID ORDINARY		SHARES		25,200,000 10.47%					50,330,000		13.11%
3. Changes in relevant	interests
Particulars of each change in, or change in the nature of,					a relevant interest of the substantial holder or an associate				in voting securities of the company or scheme, since
the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:
Date of change	Person whose relevant interest changed					Nature of change (6)	Consideration given in relation to change(7)		Class and number of securities affected		Person’s votes affected
						PARTICIPATED IN			24,050,000 FULLY
28 SEPTEMBER 2016			SIEW SWAN ONG			ENTITLEMENT ISSUE –	$0.01 PER SHARE		PAID ORDINARY		24,050,000
						24,050,000 SHARES			SHARES
						PARTICIPATED IN			1,080,000 FULLY
28 SEPTEMBER 2016		BENG HONG TAN				ENTITLEMENT ISSUE –	$0.01 PER SHARE		PAID ORDINARY		1,080,000
						1,080,000 SHARES			SHARES
4. Present relevant interests
Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:
Holder of relevant interest			Registered holder of			Person entitled to be	Nature of relevant		Class and number of		Person’s votes
			securities			registered as holder (8)	interestB		securities
									48,100,000 FULLY
SIEW SWAN ONG			SIEW SWAN ONG			SIEW SWAN ONG	DIRECTLY	HELD	PAID ORDINARY		12.53%
									SHARES
									2,230,000 FULLY
BENG HONG TAN			BENG HONG TAN			BENG HONG TAN	INDIRECTLY HELD		PAID ORDINARY		0.58%
									SHARES

604 page 2/2 15 July 2001

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme as follows:

Name and ACN/ARSN (if applicable) Nature of association NOT APPLICABLE

6. Addresses

The addresses of persons named in this form are:

Name Address PUSAT DAGANGAN PHILEO DAMANSARA 1 BLOCK E3A 10 SIEW SWAN ONG NO 9 JALAN 16/11 PETALING JAYA SELANGOR 46350 MALAYSIA PUSAT DAGANGAN PHILEO DAMANSARA 1 BLOCK E3A 10 BENG HONG TAN NO 9 JALAN 16/11 PETALING JAYA SELANGOR 46350 MALAYSIA

Signature

print name SIEW SWAN ONG capacity sign here date 28 SEPTEMBER 2016

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the form.

• (2) See the definition of "associate" in section 9 of the Corporations Act 2001.

• (3) See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001.

• (4) The voting shares of a company constitute one class unless divided into separate classes.

• (5) The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.

• (6) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• (7) Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (8) If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write "unknown".

• (9) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.