GENESIS RESOURCES LIMITED — Major Shareholding Notification 2014

Sep 18, 2014

Form 603 Corporations Law Section 671B

Notice of initial substantial shareholder

To: Genesis Resources Limited ACN 114 787 469

1. Details of substantial shareholder

Mr ONG Kar Ghee

The holder became a substantial holder on 19 September 2014.

2. Details of 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 had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

			Voting power
	Number of securities
Class of securities		Person’s votes
Ordinary shares	24,864,384	24,864,384	13.04%

3. Details of relevant interests

		Class and number of securities
Holder of relevant interest	Nature of relevant interest
ONG Kar Ghee	Direct	24,864,384 Ordinary shares

4. Details of present registered holders

The persons registered as holder of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder	Class and number of securities
ONG Kar Ghee	ONG Kar Ghee	ONG Kar Ghee	24,864,384 Ordinary shares

5.

Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

			Class and number of securities
Holder of relevant interest	Date of Acquisition	Consideration
ONG Kar Ghee	19 September 2014	$1,243,219.20 ($0.05 cents per share)	24,864,384 Ordinary shares

Notice of initial substantial shareholder

Form 603

Corporations Law Section 671B

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

7. Addresses

The addresses of persons named in this form are as follows:

Mr Ong Kar Ghee 61-1 Jalan Melati Utama 4, Melati Utama, 53100 Kuala Lumpur, Malaysia.

Dated 19 September 2014

Authorised for electronic lodgement by Ong Kar Ghee

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