News: Deals: Reports

Colltech Australia Ltd & Fathil Bin Mohamed	Update Date: 05/14/08
Date Announced: 05/12/08
Value (million $USD): 0.5 million U.S. Dollar 0.5 million Australian Dollar

Status: Completed

TRANSACTION DETAILS
Date Announced	05/12/08
Date Originally Announced	05/13/08
Format	Acq. Part. Int.	Acquisition techniques	Privately Negotiated Purc
Attitude	Friendly	Agency	n/a
Value	0.5 million U.S. Dollar 0.5 million Australian Dollar	Advisor Fees	n/a

SYNOPSIS
AUSTRALIA - Dr. Fathil Bin Mohamed raised his stake to 11.94% from 1.14%, by acquiring a further 10.8% stake, or 27.778 mil ordinary shares, in Colltech Australia Ltd, a biotechnology company, for 0.5 mil Australian dollars (1.482 mil Malaysian ringgit/$0.473 mil US) in cash, in a privately negotiated transaction.

TARGET
Name	Colltech Australia Ltd (Australia : CAU)
Industries	Commercial physical and biological research; Noncommercial research organizations; Medical laboratories
City	West Perth
State	n/a
Nation	Australia
Incorporated in	n/a
Public Status	Public
Business Description	Colltech Australia Limited is an Australian-based bio-industrial company specializing in the development and commercialization of ovine collagen and collagen-based healthcare products. The company markets OVICOLL\|C and OVICOLL\|Clear for cosmetic applications and has several products in the pipeline for medical applications.
Advisors	NULL
Target Sales	0.0 million U.S. Dollar 0.0 million Australian Dollar

ACQUIROR
Name	Fathil Bin Mohamed
Industries	n/a
City	Selangor
State	n/a
Nation	Malaysia
Incorporated in	n/a
Public Status	Investor
Business Description	Individual
Advisors	NULL
Acquiror Sales	n/a

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