Ann: Response to ASX Query Letter, page-14

I have a Reuters platform so it collates shareholder reports over time.
It shows the change in share ownership of top holders from the end of December 2017 to the end of March 2018. There could of course be other reasons for it but Hwazon Investments shareholding increased from 139.76 million as of the end of December to 144.5 million. Again I haven't looked into the reasons but i'm really not sure if it was an open market purchase. There's hardly a lot of transparency around this firm.