PACIFIC RESOURCES LIMITED — Major Shareholding Notification 2021

Aug 8, 2021

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	AUSTCHINA HOLDINGS LIMITED
ACN/ARSN	ACN 075 877 075
Details of substantial holder(1)1.
Name	TREASURE WHEEL GLOBAL LIMITED
ACN/ARSN (if applicable)
There was a change in the interests of the substantialholder on	05/08/2021
The previous notice was given to the company on	11/05/2020
The previous notice was dated	11/05/2020

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)
Fully paid ordinary shares	906,873,358	55.50%	900,873,358	50.12%

3. Changes of 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 whoserelevant interestchanged	Nature of change(6)	Considerationgiven inrelation tochange (7)	Class and numberof securitiesaffected	Person'svotesaffected
08/03/2021to29/06/2021	Treasure WheelGlobal Limited	On-market sale	$104,000	6,000,000 Fullypaid ordinaryshares	6,000,000
05/08/2021	Treasure WheelGlobal Limited	Dilution – shareissue	N/A	900,873,358	900,873,358

4. Present relevant interests

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

Holder ofRelevantinterest	Registeredholder ofSecurities	Person entitledto be registeredas holder (8)	Nature of relevantinterest (6)	Class and number ofsecurities	Person'svotes
TreasureWheel GlobalLimited	CiticorpNominees PtyLimited	Treasure WheelGlobal Limited	Beneficial Owner	900,873,358 Fullypaid ordinary shares	900,873,358

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)	Nature of Association
Not applicable	Not applicable

6. Addresses

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

Name	Address
Treasure Wheel Global Limited	Rooms 2016-16, 20/F, China MerchantsTower, 168-200 Connaught Road Central,Hong Kong
Citicorp Nominees Pty Limited	GPO Box 764G, Melbourne Vic 3001

Signature	Print name	Anthony Chan	capacity	Director
sign here
			Date: 9/08/2021

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.