SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
X	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Nisswa Acquisition Master Fund Ltd. (Last) (First) (Middle) C/O MAPLES CORPORATE SVCS LIMITED PO BOX 309, UGLAND HOUSE (Street) GRAND CAYMAN E9 KY1-1104 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol China Ceramics Co., Ltd [ CCLTF ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) no longer 10% owner
	3. Date of Earliest Transaction (Month/Day/Year) 03/15/2010
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants	$7.5							11/20/2009	11/16/2012	Common Stock	746,554		746,554	D(1)
Warrants	$7.5							11/20/2009	11/16/2012	Common Stock	1,344,551		1,344,551	I(2)	See footnote 2
Warrants	$7.5							11/20/2009	11/16/2012	Common Stock	597,997		597,997	I(3)	See footnote 3

1. Name and Address of Reporting Person* Nisswa Acquisition Master Fund Ltd. (Last) (First) (Middle) C/O MAPLES CORPORATE SVCS LIMITED PO BOX 309, UGLAND HOUSE (Street) GRAND CAYMAN E9 KY1-1104 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) no longer 10% owner

1. Name and Address of Reporting Person* Pine River Capital Management L.P. (Last) (First) (Middle) 601 CARLSON PARKWAY SUITE 330 (Street) MINNETONKA MN 55305 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) no longer 10% owner

1. Name and Address of Reporting Person* TAYLOR BRIAN (Last) (First) (Middle) C/O PINE RIVER CAPITAL MANAGEMENT 601 CARLSON PARKWAY, SUITE 330 (Street) MINNETONKA MN 55305 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner Officer (give title below) X Other (specify below) no longer 10% owner

Explanation of Responses:

1. The warrants are owned by Nisswa Acquisition Master Fund Ltd., which is the Reporting Person.

2. The warrants may be deemed to be beneficially owned by Pine River Capital Management L.P., the investment manager of Nisswa Acquisition Master Fund Ltd. (the "Investment Manager") and Brian Taylor, the managing member of Pine River Capital Management LLC, the general partner of the Investment Manager. Each such Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

3. These warrants are held in the accounts of private investment vehicles, other than Nisswa Acquisition Master Fund Ltd., over which the Investment Manager and Brian Taylor have investment discretion by virtue of their respective positions as Investment Manager and managing member of Pine River Capital Management LLC, the general partner of the Investment Manager. Each such Reporting Person disclaims benefical ownership of the reported securities except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

According to the Form F-1/A filed by the Issuer on March 15, 2010, the Issuer had 8,950,171 shares of its common stock issued and outstanding as of February 2, 2010. As of that date, the Reporting Persons became aware that they no longer had reporting obligations under Section 16. The Reporting Persons met all of their filing obligations under Section 16 and the "Date of Earliest Transaction" referenced hereinabove is the date of the Form F-1/A referred to in this response. This Form 4 is being filed, not due to a statutory requirement, but rather as notice that the Reporting Persons are no longer subject to Section 16 with respect to the Issuer, because they are not currently 10% owners.

	Nisswa Acquisition Master Fund Ltd., By: Pine River Capital Management L.P., By: Pine River Capital Management LLC, its General Partner, By: Brian Taylor	04/16/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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