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
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
19/09/2017
Total Number of shares purchased
300,000
Number of shares cancelled
0
Number of shares held as treasury shares
300,000
Price Paid per share
Price Paid per share
SGD 0.35
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares
SGD 105,269.65
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
4,490,900
1.578
By way off Market Acquisition on equal access scheme
0
0
Total
4,490,900
1.578
#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
284,087,041
Number of treasury shares held after purchase
1,779,549
ISOTEAM LTD.
Complete Solutions for the Built Environment
ADDRESS
8, Changi North Street 1, ISOTeam Building, Singapore 498829