Canistel Pte Ltd ("Canistel") had on 14 Nov. 2007 disposed of 24,912,656 shares in the capital of Tasek Corporation Berhad ("Tasek") representing 13.6% of Tasek's share capital at a consideration of RM3.68 per ordinary stock unit. Arising from the above, Canistel has ceased to be a substantial shareholder of Tasek.