MGX RESOURCES LIMITED — Major Shareholding Notification 2016

Jun 27, 2016

22/F., Allied Kajima Building, 138 Gloucester Road, Hong Kong

Telephone: 2519 2288, 2519 2222 Fax: 2598 5518, 2598 0419

Allied Properties Investments (1) Company Limited

To: David Stokes Company Secretary Mount Gibson Iron Limited By fax: +61 8 9485 2305

To: Australian Securities Exchange Company Announcements Office

From: Mark Wong Director

By fax: +61 2 9778 0999

28 June 2016

Dear Sir / Madam

Mount Gibson Iron Limited (ACN 008 670 817) - Notice of Change of Interests of Substantial Holder

We enclose a Notice of Change of Interests of Substantial Holder (Form 604) in respect of the interests held by Allied Properties Investments (1) Company Limited and its related entities (Allied Group) in Mount Gibson Iron Limited (ASX: MGX) (MGX).

We note that Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in MGX in which APAC Resources Limited and any of its related bodies corporate (APAC Group) have a relevant interest. Any change of interests held by APAC Group in MGX will also result in the same change of interests held by Allied Group in MGX and may not be separately notified in the future.

Yours faithfully.

Mall.

Mark Wong Director

604 page 1/2 15 July 2001

Form 604 Corporations Act 2001 Section 671B
		Notice of change of interests of substantial holder
To Company Name/Scheme		Mount Gibson Iron Limited
ACN/ARSN	008 670 817
1. Details of substantial holder (1)
Name		Allied Properties Investments (1) Company Limited and its related bodies corporate, including the related bodies corporate and other entities listed in Section 1 of Annexure A ("Allied Group")
ACN/ARSN (if applicable)	N/A
There was a change in the interests of the
substantial holder on		23/06/2016
The previous notice was given to the company on		24/06/2016
The previous notice was dated		24/06/2016
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)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5).
resume that the company of the contract of the company of the company of the first contract of the company of the company of the company of the company of the company of the company of the company of the company of the com See section 2 of Annexure A -------------------------------------- --------------- _________

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 affecied	Person's votes affected
		See section 3 of Annexure A

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder of	Registered	Person entitled	Nature of	Class and	Person's votes
relevant	holder of	to be registered	relevant	number of
interest	securities	as holder (8)	interest (6)	securities
			See section 4 of Annexure A

page 2/2

15 July 2001

604

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 are as follows:

_________ ,,,,,,,, Name and ACN/ARSN (if applicable) . Between the continues of the continues	______ ___ Nature of association __ ________
INot applicable _________	Not applicable iki wa kata wa kutoka maji wa kata wa ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ______ ______

6. Addresses

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

Name .	Address	. . --------------------------------------- ---------------------------------------
_ . See section 6 of Annexure A . _____ _________ -------------------

Name
Mark Wong Communications Authorised Signature(s) Director capacity print name
28/06/2016 date sign here

DIRECTIONS

• 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 $(1)$ 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.
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $(4)$
• The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(5)$
• $(6)$ Include details of:
• any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy $(a)$ 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
• 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 $(b)$ 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.

• 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 m $(7)$ contingency. Details must be included on 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.
• 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". $(3)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice. $(9)$

Annexure "A"

Form 604 Notice of Change of Interests of Substantial Holder

Mount Gibson Iron Limited ACN 008 670 817

This Annexure "A" of 4 pages referred to in the Form 604 (Notice of Change of Interests of Substantial Holder), signed by me and dated 28 June 2016.

For and on behalf of
ALIED PROPERTIES INVESTMENTS (I) COMPANY LIMITED

Signed: Mark Wong

****************************
Authorised Signature(s)

$\mathbf 1$ Details of substantial holder

Substantial holder (Allied Group)

Allied Properties Investments (1) Company Limited (being a wholly owned subsidiary of APOL)

Allied Properties Overseas Limited (APOL) (being a wholly owned subsidiary of APHKL)

Allied Properties (H.K.) Limited (APHKL) (being a subsidiary of AGL)

Allied Group Limited (AGL) (being a subsidiary of Lee and Lee Trust)

Lee and Lee Trust (trustees: Lee Seng Hui, Lee Su Hwei and Lee Seng Huang)

$2.$ Previous and present voting power

Class of securities (4)	Previous notice		Present notice
	Person's votes	Voting power (5)	Person's votes	Voting power (5)
Fully paid ordinary shares (Shares)	307,047,374	28.14% (Based on 1,091,279,435 Shares on issue)	323 780 748	29.67% (Based on 1,091,279,435 Shares on issue)

$3.$ Changes in relevant interest

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
23/06/2016	Allied Group	On-market acquisitions by APAC Resources Limited and its related bodies corporate ("APAC Group")	Acquisitions 16.733.374 Shares at the consideration of AUD4, 183, 343.50 acquired by APAC Group	16,733,374 Shares	16,733,374

$\hat{\mathcal{A}}$

4. Present relevant interests

Holder of relevant interest	Registered holder of securities	Person entitled to be registered. as holder (8)	Nature of relevant interest (6)	Class and number of securities	Person's votes
Allied Group	Sun Hung Kai Investment Services Ltd	APAC Resources Capital Limited	Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in which APAC Resources Capital Limited has a relevant interest. Any change of interests held by APAC Resources Capital Limited in Mount Gibson Iron Limited will also result in the same change of interests held by Allied Group in Mount Gibson Iron Limited and may not be separately notified in the future.	40,053,818 Shares	40,053,818
Allied Group	BNP Paribas Nominees Pty Ltd	APAC Resources Capital Limited	Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in which APAC Resources Capital Limited has a relevant interest. Any change of interests held by APAC Resources Capital Limited in Mount Gibson Iron Limited will also result in the same change of interests held by Allied Group in Mount Gibson Iron Limited and may not be separately notified in the future.	48,113,843 Shares	48,113,843
Allied Group	Sun Hung Kai Investment Services Ltd	Fortune Desire Investments Limited	Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in which Fortune Desire Investments Limited has a relevant interest. Any change of interests held by Fortune Desire Investments Limited in Mount Gibson Iron Limited will also result in the same change of interests held by Allied Group in Mount Gibson Iron Limited and may not be separately notified in the future.	151,523,460 Shares	151,523,460

$\mathbf 2$

$\frac{1}{2}$ .

$\bar{\beta}$

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Nature of relevant interest (6)	Class and number of securities.	Person's votes
Allied Group	Sun Hung Kai Investment Services Ltd <client apacResources A/C>	APAC Resources Strategic Holdings Limited	Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in which APAC Resources Strategic Holdings Limited has a relevant interest. Any change of interests held by APAC Resources Strategic Holdings Limited in Mount Gibson Iron Limited will also result in the same change of interests held by Allied Group in Mount Gibson Iron Limited and may not be separately notified in the future.	1,189,627 Shares	1,189,627
Allied Group	APAC Resources Investments Limited	APAC Resources Investments Limited	Allied Group holds a relevant interest under section 608(3) of the Corporations Act 2001 (Cth) in the same securities in which APAC Resources Investments Limited has a relevant interest. Any change of interests held by APAC Resources Investments Limited in Mount Gibson Iron Limited will also result in the same change of interests held by Allied Group in Mount Gibson Iron Limited and may not be separately notified in the future.	82,900,000 Shares	82,900,000

5. Change in association

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

$6.$ Addresses

Name	Address
Allied Properties Investments (1) Company Limited	P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands
Allied Properties Overseas Limited	P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands
Allied Properties (H.K.) Limited	22nd Floor, Allied Kajima Building. 138 Gloucester Road, Wanchai, Hong Kong
Allied Group Limited	22nd Floor, Allied Kajima Building, 138 Gloucester Road, Wanchai, Hong Kong

$\mathbf{3}$

4

and LIT t LI	Bula Kna 22nd Floor, Aled 138 Gloucesti Roed, Wmohei, Hong Kong