Announcement Details |
Announcement Title |
Share Buy Back - Daily Share Buy-Back Notice |
Date & Time of Broadcast |
Nov 22, 2016 18:14 |
Status |
New |
Announcement Sub Title |
Share Buy Back - Daily Share Buy Back Notice |
Announcement Reference |
SG161122OTHRAVU3 |
Submitted By (Co./ Ind. Name) |
Koh Thong Huat |
Designation |
Executive Director and Chief Executive Officer |
Description (Please provide a detailed description of the event in the box below) |
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor ("Sponsor"), Hong Leong Finance Limited for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.
This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.
The contact person for the Sponsor is Mr Tang Yeng Yuen, Vice President, Head of Corporate Finance, at 16 Raffles Quay, #40-01A Hong Leong Building, Singapore 048581, Telephone (65) 6415 9886.
|
Additional Details |
Start date for mandate of daily share buy-back |
25/10/2016 |
Section A |
Name of Overseas exchange where company has dual listing |
Maximum number of shares authorised for purchase |
28,466,595 |
Purchase made by way of market acquisition |
Yes |
|
|
Singapore Exchange |
Overseas Exchange |
Date of Purchase |
22/11/2016 |
|
Total Number of shares purchased |
1,000,000 |
|
Number of shares cancelled |
0 |
|
Number of shares held as treasury shares |
1,000,000 |
|
|
Price Paid per share |
Price Paid per share |
SGD 0.395 |
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares |
SGD 396,014.36 |
Section B |
Purchase made by way of off-market acquisition on equal access scheme |
No |
Section C |
|
Cumulative No. of shares purchased to date^ |
Number |
Percentage# |
By way of Market Acquisition |
2,043,000 |
0.718 |
By way off Market Acquisition on equal access scheme |
0 |
0 |
Total |
2,043,000 |
0.718 |
|
#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution |
^From the date on which share buy-back mandate is obtained |
Section D |
Number of issued shares excluding treasury shares after purchase |
282,622,956 |
Number of treasury shares held after purchase |
3,243,634 |