ANNUAL REPORT 2014
117
Resolution 14
is to empower the Directors to issue shares and to make or grant instruments (such as warrants, debentures
or other securities) convertible into shares, and to issue shares in pursuance of such instruments from the
date of the Annual General Meeting of the Company until the date of the next Annual General Meeting of
the Company, unless such authority is earlier revoked or varied by the shareholders of the Company at a
general meeting. The aggregate number of shares which the Directors may issue (including shares to be
issued pursuant to convertibles) under ordinary resolution 14 must not exceed 50% of the total number of
issued shares (excluding treasury shares) with a sub-limit of 15% for issues other than on a pro rata basis.
For shareholders’ information, this 15% limit is lower than the 20% presently permitted under the listing
rules of the SGX-ST. For the purpose of determining the aggregate number of shares that may be issued,
the total number of issued shares (excluding treasury shares) will be calculated as described.
Notes:
(1)
A member entitled to attend and vote at the meeting is entitled to appoint one or two proxy/proxies to attend and
vote in his/her stead. A proxy need not be a member of the Company.
(2)
To be effective, the Proxy Form must be deposited at the registered office of the Company at 401 Commonwealth
Drive, #03-03 Haw Par Technocentre, Singapore 149598, not less than 48 hours before the time set for holding
the meeting.
By Order of the Board
Zann Lim
Company Secretary
Singapore
8 April 2015
NOTICE OF ANNUAL GENERAL MEETING
(CONTINUED)
