August 2015 at 9.00 a.m. for the purpose of considering and, if thought fit, passing with or without any modification, the following resolution:
AS ORDINARY RESOLUTION THE PROPOSED CONSOLIDATION OF EVERY TWENTY (20) EXISTING ISSUED ORDINARY SHARES IN THE CAPITAL OF THE COMPANY HELD BY SHAREHOLDERS OF THE COMPANY AS AT THE BOOKS CLOSURE DATE, INTO ONE (1) ORDINARY SHARE IN THE CAPITAL OF THE COMPANY, FRACTIONAL ENTITLEMENTS TO BE DISREGARDED
THAT:
(a) the Proposed Share Consolidation of every twenty (20) existing issued ordinary shares in the capital of the Company held by Shareholders of the Company as at the Books Closure Date into one (1) Consolidated Share in the capital of the Company, in the manner set out in the Circular to Shareholders dated 30 July
2015;
(b) any fractions of Consolidated Shares arising from the Proposed Share Consolidation shall be disregarded. All fractional entitlements arising from the implementation of the Proposed Share Consolidation shall be dealt with in such manner as the Directors may, in their absolute discretion, deem fit in the interest of the Company, including but not limited to (i) disregarding such fractional entitlements; or (ii) aggregating and selling the same and retaining the net proceeds for the benefit of the Company; and
(c) the Directors and any of them be and are hereby authorised to do such acts and things (including without limitation executing such documents as may be required) as they may consider necessary, desirable or expedient for the purposes of or to give effect to this resolution and implement any of the foregoing as they think fit and in the interests of the Company.
By Order of the Board
Mr. Yaw Chee Siew Executive Chairman Singapore
30 July 2015
Notes:
1. A member of the Company entitled to attend and vote at the EGM of the Company is entitled to appoint not more than two (2) proxies to attend and vote in his/her stead. A proxy need not be a member of the Company.
2. The instrument appointing a proxy or proxies must be deposited at the registered
office of the Company's share registrar, M & C Services Private Limited, 112
Robinson Road, #05-01, Singapore 068902 not less than forty-eight (48) hours
before the time appointed for holding the EGM of the Company.
Personal Data PrivacyWhere a member of the Company submits an instrument appointing a proxy(ies) and/ or representative(s) to attend, speak and vote at the EGM of the Company and/or any adjournment thereof, a member of the Company (i) consents to the collection, use and disclosure of the member's personal data by the Company (or its agents) for the purpose of the processing and administration by the Company (or its agents) of proxies and representatives appointed for the EGM of the Company (including any adjournment thereof) and the preparation and compilation of the attendance lists, proxy lists, minutes and other documents relating to the EGM of the Company (including any adjournment thereof), and in order for the Company (or its agents) to comply with any applicable laws, listing rules, regulations and/or guidelines (collectively, the "Purposes"), (ii) warrants that where the member discloses the personal data of the member's proxy(ies) and/or representative(s) to the Company (or its agents), the member has obtained the prior consent of such proxy(ies) and/or representative(s) for the collection, use and disclosure by the Company (or its agents) of the personal data of such proxy(ies) and/ or representative(s) for the Purposes, and (iii) agrees that the member will indemnify the Company in respect of any penalties, liabilities, claims, demands, losses and damages as a result of the member's breach of warranty.
distributed by |